Score of 88.25/100 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 2024 - 31 Dec 2024 | 29 Jan 2025 | 20 | 84% | 16% | 0% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 14 Aug 2024 | 22 | 84% | 15% | 1% | 18% |
| 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% |
This information is as reported by the business, and responses are in their own words.
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 information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
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.
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
Clear Channel International Limited is a UK-registered company forming part of the Clear Channel Outdoor group, an out-of-home advertising business. The wider group provides billboard and digital signage advertising, operating tens of thousands of outdoor and airport displays across numerous markets in the United States and internationally, including the long-standing Adshel brand of UK roadside six-sheet advertising displays. The group combines creative campaign development with data and location analytics to help brands reach target audiences and measure advertising impact. This entity represents the international arm of that wider Clear Channel Outdoor corporate structure rather than an operating advertising agency in its own right.
Generated from the company's website and Companies House records. Sources: clearchannel.com · clearchannel.com