KANTAR MEDIA UK LTD

PaymentCheck Score 2023
56Fair
1.5vs last year
#4156 in UK
#237 in Professional Services
#1551 in London

Company Information

Company Number
00275304
Registered Address
222 Gray's Inn Road, London, England, WC1X 8HB
Status
Active
Employee Count
86
Turnover
£19,823,000
EBITDA
£6,193,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 April 1933
Nature of Business
73110 - Advertising agencies
Industries
Marketing And Sales
Region
London

Time to Pay

Average Time to Pay
41 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
48%
31-60 Days
27%
After 60 Days
25%
Not Paid Within Terms54%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The data for KANTAR MEDIA UK LTD shows a general trend of decreasing average time to pay and increasing percentage of invoices paid within 30 days over the past three periods.

Volatility Analysis

There is some volatility in the data, with fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days. However, there has been a consistent decrease in the average time to pay over the three periods.

Performance Reports History

Reporting Period Filed: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202331 Jul 20234148%27%25%54%
01 Jul 2022 - 31 Dec 202231 Jan 20233255%34%11%53%
01 Jan 2022 - 30 Jun 202201 Aug 20224144%37%19%74%
01 Jul 2021 - 31 Dec 202126 Jan 20223158%33%9%55%
01 Jan 2021 - 30 Jun 202126 Jul 20214249%32%19%61%
01 Jul 2020 - 31 Dec 202027 Jan 20213841%42%17%70%
01 Jan 2020 - 30 Jun 202031 Jul 20203352%34%14%59%
01 Jul 2019 - 31 Dec 201906 Jan 20202469%25%6%49%
01 Jan 2019 - 30 Jun 201908 Jul 20192568%25%7%48%
01 Jul 2018 - 31 Dec 201829 Jan 20192769%17%14%50%
01 Jan 2018 - 30 Jun 201827 Jul 20183458%24%18%71%

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

Our standard terms are 60 days end of month from receipt of invoice.

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

No

Any other information about payment terms

Whilst our standard terms are 60 days end of month of receipt of invoice, for freelancers and small contractors, we have an exception process to set these up to pay between 14 and 30 days.

Maximum contractual payment period agreed

60

Dispute Resolution Process

We resolve our disputes with internal and external queries by using an automated Service Now Helpdesk which is self-service. At Kantar, vendors can email invoicestopay@kantar.com with a query. If it relates to a previous invoice submitted they should note the FIN number received when they first submitted invoice as this will help deal with queries. SLAs on query responses are 2 working days from receipt. Within the automated response received when a query is submitted there is also an escalation process if the query is not resolved to a satisfactory standard.

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

Kantar Media UK Ltd is a leading media intelligence company that provides services and products to help clients make informed decisions in the media and advertising industry. Their sustainability program focuses on reducing their environmental impact and promoting ethical and responsible business practices.

Their main products and services include media monitoring, analysis, and evaluation, as well as audience measurement and insights. They also offer advertising intelligence, social media listening, and campaign effectiveness measurement.

The company is led by Managing Director Andy Brown, who has over 20 years of experience in the media and advertising industry. The team includes experts in data analysis, research, and technology, ensuring high-quality and reliable solutions for clients.

Kantar Media UK Ltd is headquartered in London and can be contacted through their website, www.kantarmedia.com, or their registered office address at 6 More London Place, London, SE1 2QY. They are committed to providing innovative and sustainable solutions to their clients while also promoting responsible business practices.

Financial Metrics

Cash
£1,567,311
Net Worth
£63,711,158
Total Current Assets
£13,861,071
Total Current Liabilities
£87,786,288

Company Location