WARNER BROS ENTERTAINMENT UK LIMITED

Company Information

Company Number
00259661
Registered Address
Warner House, 98 Theobalds Road, London, WC1X 8WB
Status
Active
Employee Count
525.0
Turnover
449752000.0
EBITDA
77428000.0

Additional Details

Company Type
Private limited Company
Incorporated On
15 October 1931
Nature of Business
59131 - Motion picture distribution activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Company Location

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Financial Metrics

Cash
£176,302,000.00
Net Worth
£305,986,000.00
Total Current Assets
£341,102,000.00
Total Current Liabilities
£112,499,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
41 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
38%
31-60 Days
44%
After 60 Days
18%
Not Paid Within Terms24%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20244138%44%18%24%
01 Jan 2023 - 30 Jun 202313 Jul 20234733%44%23%22%
01 Jul 2022 - 31 Dec 202227 Jan 20234633%40%27%29%
01 Jan 2022 - 30 Jun 202229 Jul 20224740%48%12%13%
01 Jul 2021 - 31 Dec 202129 Jan 20224835%46%19%29%
01 Jan 2021 - 30 Jun 202130 Jul 20214234%55%11%14%
01 Jul 2020 - 31 Dec 202022 Jan 20214534%47%19%16%
01 Jan 2020 - 30 Jun 202030 Jul 20203345%46%9%16%
01 Jul 2019 - 31 Dec 201929 Jan 20203647%47%6%17%
01 Jan 2019 - 30 Jun 201929 Jul 20193852%42%6%12%
01 Jul 2018 - 31 Dec 201829 Jan 20193553%41%6%26%
01 Jan 2018 - 30 Jun 201830 Jul 20182867%29%4%22%

Company Summary

WARNER BROS

ENTERTAINMENT UK LIMITED is a leading entertainment company in the United Kingdom, known for its wide range of films, television shows, and other forms of entertainment

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact

One of the key initiatives of WARNER BROS

ENTERTAINMENT UK LIMITED is its sustainability program, which focuses on reducing carbon emissions, promoting sustainable practices in its operations, and supporting conservation efforts

The company has also set targets to increase the use of renewable energy and reduce waste in its productions

In terms of products and services, WARNER BROS

ENTERTAINMENT UK LIMITED offers a diverse range of entertainment options, including blockbuster films, popular TV shows, and interactive games

The company is also known for its extensive library of classic and modern films, making it a go-to destination for film enthusiasts

Key people at WARNER BROS

ENTERTAINMENT UK LIMITED include Josh Berger, President and Managing Director, and Polly Cochrane, Executive Vice President and Managing Director of WarnerMedia UK and Ireland

Both have been instrumental in driving the company's sustainability efforts and leading it towards a more environmentally responsible future

The company's website (www.warnerbros.co.uk) provides information on its latest releases, upcoming projects, and its sustainability initiatives

For any queries or concerns, the company's registered office address is Warner House, 98 Theobald's Road, London, WC1X 8WB

Overall, WARNER BROS

ENTERTAINMENT UK LIMITED continues to be a major player in the entertainment industry, while also prioritizing sustainability and making a positive impact on the environment

Company Review

Trend Analysis

The average time taken for WARNER BROS. ENTERTAINMENT UK LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in the most recent period.

Volatility Analysis

The volatility in the average time taken to pay invoices has been relatively low, with a range of only 9 days between the shortest and longest periods.

Summary Analysis

From Jan 2018 to Jun 2023, WARNER BROS. ENTERTAINMENT UK LIMITED has shown a decreasing trend in paying invoices within 30 days, with a decrease of 33% from the first period to the last period. In contrast, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, from 29% to 44%. The percentage of invoices paid later than 60 days has also shown a slight increase, from 4% to 23%. The company has also shown a slight decrease in the percentage of invoices not paid within agreed terms, from 22% to 18%.

Invoice Payment Practices

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

Payment Terms

Standard payment terms

The company’s standard terms and conditions provide for payment to be made within sixty (60) days of the later of the date: (a) on which the company receives supplier's invoice; or (b) the goods are accepted or the performance of the services is completed. Notwithstanding the standard payment terms described above, the company may agree different payment terms with individual suppliers on a case-by-case basis and as appropriate. Shorter payment terms than the standard have been agreed with respect to various contracts within the reporting period.

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

The company's goal is to resolve disputes fairly, quickly and amicably, and suppliers are encouraged to communicate with their usual business contact(s) in respect of any concerns as a first step. Disputes in respect of a contract that cannot be resolved through discussion between the company and a supplier as above are, under the company’s standard terms and conditions, ultimately subject to the jurisdiction of the English courts.

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