PHONOGRAPHIC PERFORMANCE LIMITED
Company Information
- Company Number
- 00288046
- Registered Address
- 1 Upper James Street, London, W1F 9DE
- Status
- Active
- Employee Count
- 204
- Turnover
- £272,644,000
- EBITDA
- £238,589,000
Additional Details
- Website
- https://www.ppluk.com/
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 12 May 1934
- Nature of Business
- 59200 - Sound recording and music publishing activities
- Industries
- Creative,Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 18 | 83% | 17% | 0% | 30% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 18 | 88% | 12% | 0% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 18 | 82% | 18% | 0% | 28% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 17 | 87% | 13% | 0% | 27% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 20 | 83% | 15% | 2% | 26% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 26 | 74% | 23% | 3% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 28 | 65% | 31% | 5% | 38% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 21 | 77% | 22% | 1% | 34% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 21 | 73% | 26% | 1% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 19 | 81% | 18% | 1% | 28% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 20 | 60% | 32% | 8% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 32 | 60% | 31% | 9% | 52% |
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
It is Phonographic Performance Limited's policy to agree appropriate terms of payment with each supplier upon entering a new contract and the company is committed to abiding to the agreed terms where correct and undisputed invoices are submitted. A majority of payment terms are agreed at 30 days to coincide with Phonographic Performance Limited's monthly payment cycle.
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
Phonographic Performance Limited is committed to resolving disputed invoices in a fair and timely manner. Disputes are initially managed through discussions between the supplier and the Accounts Payable Assistant. If they cannot be resolved by the Accounts Payable Assistant for any reason, the disputes are then escalated to the relevant Head of Department for which the supply was intended for.
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
PHONOGRAPHIC PERFORMANCE LIMITED (PPL) is a UK-based company that is responsible for collecting and distributing royalties for the use of recorded music in public. They work closely with record labels and musicians to ensure that they receive fair compensation for their work.
As part of their sustainability program, PPL has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste, and promoting green practices within their operations. They also support numerous charities and organizations that promote environmental conservation and sustainability.
PPL's main products and services include licensing music for public performance, such as in shops, bars, and restaurants, as well as for broadcast on TV and radio. They also offer music reporting and data services to ensure that artists are properly compensated for the use of their music.
The key people at PPL include the CEO, Peter Leathem, who has been with the company for over 10 years and has a background in copyright law. The board of directors also includes representatives from major record labels and industry organizations.
PPL can be contacted through their website, which also contains a wealth of information about their services and policies. Their registered office address is located in London, UK.
In summary, PPL is a leading organization in the UK music industry, responsible for collecting and distributing royalties for public use of recorded music. They have a strong focus on sustainability and offer a range of products and services to support the music industry. Their key people and contact information can be found on their website.
