| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 27 Jan 2026 | 36 | 66% | 25% | 9% | 39% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 36 | 56% | 36% | 8% | 50% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 33 | 67% | 24% | 9% | 39% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 34 | 76% | 16% | 8% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 37 | 63% | 29% | 8% | 45% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 38 | 58% | 35% | 8% | 51% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 37 | 62% | 28% | 10% | 48% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 38 | 70% | 19% | 10% | 35% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 35 | 67% | 26% | 7% | 49% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 42 | 64% | 26% | 10% | 51% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 37 | 66% | 24% | 10% | 51% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 45 | 67% | 19% | 14% | 46% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 45 | 64% | 23% | 13% | 54% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 61 | 49% | 34% | 17% | 49% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 48 | 59% | 23% | 18% | 64% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 31 | 63% | 30% | 6% | 54% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The supplier shall invoice the Company at the invoicing address set out on the purchase order and the Company’s terms of payment shall be 60 days following receipt of a valid invoice quoting the correct purchase order and job numbers for Goods and/or Materials delivered and/or Services performed to the Company’s reasonable satisfaction. The Company may set off against any sums due to the supplier whether under contract or otherwise any lawful set-off, counterclaim to which the Company may at any time be entitled. Agencies are able to amend the standard payment terms for their business needs, within the Vendor Master Data File.
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
Any disputes in respect of supplier payments are resolved by contacting the Accounts Payable Team via our automatic ticketing support service, RVIC at the following link https://www.resourcesvendoric.com. The Accounts Payable department will then assist further with query and if applicable this may be escalated to the legal team.
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
SAATCHI & SAATCHI GROUP LTD is a global advertising and marketing agency based in London, UK. The company was founded in 1970 by brothers Maurice and Charles Saatchi and has since grown to become one of the largest and most influential advertising agencies in the world.
The company offers a wide range of services including advertising, branding, digital marketing, and communications strategy. Their clients include some of the biggest brands in the world, such as Procter & Gamble, Toyota, and Visa.
SAATCHI & SAATCHI GROUP LTD is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a sustainability program in place that focuses on reducing energy consumption, decreasing waste, and promoting sustainable practices across their global offices.
In terms of products and services, SAATCHI & SAATCHI GROUP LTD offers a diverse range of creative solutions for their clients. They specialize in creating impactful and innovative campaigns that help brands stand out in the crowded advertising landscape.
Some key people within the company include CEO Magnus Djaba, Chief Creative Officer Kate Stanners, and Global President Justin Billingsley.
For more information on SAATCHI & SAATCHI GROUP LTD, their website address is www.saatchi.com. Their registered office address is 40 Chancery Lane, London WC2A 1JA, United Kingdom.
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