FINANCIAL TIMES LIMITED(THE)

Company Information

Company Number
00227590
Registered Address
Bracken House, 1 Friday Street, London, England, EC4M 9BT
Status
Active
Employee Count
1,508
Turnover
£422,539,000
EBITDA
£41,317,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 January 1928
Nature of Business
58130 - Publishing of newspapers
Industries
Creative,Media And Publishing
Region
London

Time to Pay

Average Time to Pay
25 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
78%
31-60 Days
17%
After 60 Days
5%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2025-08-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202528 Aug 20252578%17%5%0%
01 Jul 2024 - 31 Dec 202429 Jan 2025591%5%4%49%
01 Jul 2023 - 31 Dec 202302 Feb 20241990%7%3%54%
01 Jan 2023 - 30 Jun 202309 Aug 20232189%9%2%46%
01 Jul 2020 - 31 Dec 202020 Jan 20212090%8%2%38%
01 Jan 2020 - 30 Jun 202004 Aug 20202187%10%3%49%
01 Jan 2019 - 30 Jun 201929 Jul 20191890%9%1%53%
01 Jul 2018 - 31 Dec 201817 Jan 20191493%6%1%49%
01 Jan 2018 - 30 Jun 201801 Aug 20182089%10%1%49%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The FT’s most common supplier payment terms are: • Net 30 – All vendors • Immediate – Vendors The maximum payment period that the FT has agreed to in January to June 2025 is 60 days. Payment terms depends largely on agreements with respective suppliers. Should the agreement be silent, the FT’s default payment term of 30 applies. There have been no changes to standard payment terms in the reporting period.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

The FT business contact is responsible for confirming that the good / service delivered is of the required quality before payment is actioned. Invoice disputes are addressed with the suppliers directly by the FT business contact. Invoices under dispute can be processed within Oracle ebusiness suite and placed on hold. Approval and payment may take some time as dependent on the resolution of the dispute. Suppliers can contact the FT’s Global Accounts Payable team via its group mailbox accounts.payable@ft.com. An Accounts Payable Analyst would be available to answer supplier queries 22 x 5. The FT’s Global Accounts Payable team ensures that authorizers are regularly chased to approve invoices in their approval queues and any long outstanding invoices not approved within reasonable timeframes will be queried, thereby, identifying any disputed invoice. The FT recommends suppliers to send their invoices directly to email address accounts.payable@ft.com to be lodged within our Oracle system and to commence tracking through to settlement

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

Financial Times Limited is a British financial and business news organization that provides a wide range of services and products to its customers

The company is part of the Nikkei group and is headquartered in London, UK.\n\nThe company's primary activity is to publish the Financial Times newspaper, which is known for its comprehensive coverage of global business and finance news

It also offers digital subscriptions and access to its website, where customers can access breaking news, analysis, and expert opinions on the latest developments in the business world.\n\nIn addition to its news services, Financial Times Limited is committed to promoting sustainability in its operations

The company has implemented various initiatives to reduce its carbon footprint, such as using renewable energy sources and promoting sustainable practices among its employees

It also publishes an annual sustainability report to track its progress and set new goals for the future.\n\nThe key people at Financial Times Limited include its CEO, John Ridding, and its Editor, Roula Khalaf, who are responsible for the company's overall direction and editorial content

The company also has a team of experienced journalists and analysts who provide in-depth coverage of the financial industry.\n\nTo contact Financial Times Limited, customers can visit their website at www.ft.com, where they can access their range of products and services, as well as contact information for their various offices worldwide

The company's registered office address is One Southwark Bridge, London, SE1 9HL, UK.\n\nIn conclusion, Financial Times Limited is a leading financial and business news organization that offers a range of products and services to its customers

With a commitment to sustainability and a team of experienced professionals, the company continues to be a trusted source for reliable and timely business news

Financial Metrics

Cash
£43,225,000
Net Worth
-£13,454,000
Total Current Assets
£143,741,000
Total Current Liabilities
£239,203,000

Company Location