CLEAR CHANNEL INTERNATIONAL LIMITED
Company Information
- Company Number
- 00309019
- Registered Address
- 33 Golden Square, London, W1F 9JT
- Status
- Active
- Employee Count
- 95.0
- Turnover
- 41705000.0
- EBITDA
- -5689000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 6 January 1936
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Professional Services
- Region
- London
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 22 | 82% | 17% | 1% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 25 | 77% | 22% | 1% | 30% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 27 | 72% | 25% | 3% | 34% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 33 | 63% | 28% | 9% | 40% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jan 2022 | 32 | 59% | 32% | 9% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 27 | 68% | 26% | 6% | 50% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 48 | 35% | 47% | 19% | 49% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 73 | 11% | 48% | 41% | 72% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 29 | 59% | 37% | 4% | 41% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 32 | 51% | 44% | 5% | 45% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 41 | 37% | 46% | 17% | 43% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 53 | 7% | 66% | 27% | 33% |
Company Summary
CLEAR CHANNEL INTERNATIONAL LIMITED is a leading outdoor advertising company that operates in over 22 countries worldwide
The company offers a variety of products and services including traditional and digital out-of-home advertising, street furniture, and transit advertising
One of the key focuses of CLEAR CHANNEL INTERNATIONAL LIMITED is sustainability
The company has a sustainability program in place that aims to reduce its environmental impact and promote sustainable practices
This includes initiatives such as using renewable energy sources, implementing eco-friendly materials in their advertising products, and reducing energy consumption
The company's portfolio includes well-known brands such as Adshel, Clear Channel Outdoor, and IHeartMedia
They work with a wide range of clients, from small local businesses to large global brands, to provide effective and innovative advertising solutions
The key people at CLEAR CHANNEL INTERNATIONAL LIMITED include William Eccleshare, the CEO, and Scott Wells, the Executive Vice President and Chief Executive Officer of Clear Channel Outdoor Americas
They are supported by a team of experienced professionals in the advertising and marketing industry
For more information on CLEAR CHANNEL INTERNATIONAL LIMITED and their products and services, you can visit their website at www.clearchannelinternational.com
The company's registered office address is Clear Channel House, 33 Golden Square, London, W1F 9JT, United Kingdom
Company Review
Trend Analysis
Looking at the data for CLEAR CHANNEL INTERNATIONAL LIMITED, we can see that the average time to pay invoices has decreased over the past three periods. From 2018 to 2023, the average time to pay has decreased by 48%. This is a significant improvement and shows that the company is paying their invoices in a timelier manner.
Volatility Analysis
The volatility of the payment period has also decreased over the past three periods. In 2018, the volatility was 66%, which decreased to 17% in 2023. This shows that the company has become more consistent in their payment patterns and is paying their invoices more consistently.
Summary Analysis
In the first period (Jan 2018 - Jun 2018), CLEAR CHANNEL INTERNATIONAL LIMITED had an average time to pay of 53 days. 7% of their invoices were paid within 30 days, 66% were paid between 31 and 60 days, and 27% were paid later than 60 days. In this period, 33% of their invoices were not paid within agreed terms. The shortest (or only) standard payment period was 45 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
STANDARD PAYMENT TERMS FOR 3RD PARTY SUPPLIERS ARE 45 DAYS WITH A SMALL NUMBER ON 60.
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
60
Dispute Resolution Process
• Depends on the reason… o if the supplier is claiming shorter terms than we have set in our systems, the AP team would refer the supplier to the Procurement team, respectively, so terms can be agreed as vendor amendments are the responsibility of these teams to approve. o If payment is late, the AP team will investigate and resolve ASAP. Reasons are usually that an invoice is awaiting approval with the relevant designated approver. AP will follow up with the individuals concerned to resolve, enabling the invoice to be processed for payment, at which point the invoice can then be settled on the next payment run, if agreed to by the supplier, or a same day bank transfer can be arranged. o If invoice value exceeds order value, this will be queried with the purchaser and either the additional cost will be approved for payment, or a credit note will be requested from the supplier. o If a reminder is received and the invoice has not been received prior to this, the AP team will request a copy of the invoice and process as normal so it can be settled in the next payment run, if agreed to by the supplier, or a same day bank transfer can be arranged.
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
