Industry ranking
Score of 84.75/100 qualifies for PaymentCheck Certification
| 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 | 26 Jan 2026 | 20 | 81% | 18% | 1% | 34% |
| 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 2022 - 31 Dec 2022 | 31 Jan 2023 | 22 | 74% | 25% | 1% | 36% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 24 | 73% | 26% | 2% | 37% |
| 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 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 23 | 77% | 23% | 1% | 29% |
| 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% |
This information is as reported by the business, and responses are in their own words.
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
N/A
Maximum contractual payment period agreed
60
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.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Phonographic Performance Limited, trading as PPL, is the UK music licensing organisation representing over 150,000 performer and recording rightsholder members. It licenses recorded music for use by radio stations, TV channels, online services, workplaces and venues, and collects the resulting royalties. It also collects royalties owed internationally through agreements with over 110 collective management organisations worldwide, and distributes royalties to members after deducting operating costs, retaining no profit itself. PPL maintains a repertoire database of over 28 million sound recordings and runs data exchange services used by record companies and collecting societies globally. It has operated since 1934, championing rights of performers and rightsholders whose recorded music is played or broadcast.
Generated from the company's website and Companies House records. Sources: ppluk.com · ppluk.com