WARNER BROS STUDIOS LEAVESDEN LIMITED

Company Information

Company Number
00330764
Registered Address
Warner House, 98 Theobalds Road, London, WC1X 8WB
Status
Active
Employee Count
622.0
Turnover
247194000.0
EBITDA
106959000.0

Additional Details

Company Type
Private limited Company
Incorporated On
16 August 1937
Nature of Business
59111 - Motion picture production activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Company Location

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Financial Metrics

Cash
£11,654,000.00
Net Worth
£366,758,000.00
Total Current Assets
£189,797,000.00
Total Current Liabilities
£116,761,000.00
Reporting Period
2023-07-01 to 2023-07-31Filed: 2024-02-05

Time to Pay

Average Time to Pay
38 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
45%
31-60 Days
48%
After 60 Days
7%
Not Paid Within Terms14%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Jul 202305 Feb 20243845%48%7%14%
01 Jan 2023 - 30 Jun 202313 Jul 20234044%42%14%31%
01 Jul 2022 - 31 Dec 202227 Jan 20233843%46%11%21%
01 Jan 2022 - 30 Jun 202230 Jul 20224138%50%12%21%
01 Jul 2021 - 31 Dec 202129 Jan 20223942%50%8%24%
01 Jan 2021 - 30 Jun 202130 Jul 20213845%43%12%27%
01 Jul 2020 - 31 Dec 202029 Jan 20213555%35%10%32%
01 Jan 2020 - 30 Jun 202030 Jul 20203149%42%9%22%
01 Jul 2019 - 31 Dec 201929 Jan 20203355%40%5%22%
01 Jan 2019 - 30 Jun 201929 Jul 20193160%38%2%13%
01 Jul 2018 - 31 Dec 201829 Jan 20193162%35%3%24%
01 Jan 2018 - 30 Jun 201830 Jul 20182960%37%3%24%

Company Summary

WARNER BROS

STUDIOS LEAVESDEN LIMITED is a film and television production company based in Leavesden, Hertfordshire, UK

It is a subsidiary of Warner Bros

Entertainment Inc

and was established in 1994

The main activities of Warner Bros

Studios Leavesden Limited include film and television production, as well as offering studio facilities for other productions

The company is best known for producing popular films such as the Harry Potter series, the Dark Knight trilogy, and the Fantastic Beasts series

In addition to its production activities, Warner Bros

Studios Leavesden Limited also has a strong focus on sustainability

The company has implemented various initiatives to reduce its carbon footprint, such as using renewable energy sources and implementing energy-efficient practices in its studio facilities

It has also implemented waste reduction and recycling programs

The company's products and services include studio facilities, equipment, and services for film and television production

It also offers guided tours of its studio facilities for visitors, providing an inside look at the making of popular films and TV shows

Some key people at Warner Bros

Studios Leavesden Limited include the President and Managing Director, Josh Berger, and the Vice President and General Manager, Dan Dark

The company also has a team of experienced producers, directors, and other professionals in the film and television industry

Contact information for Warner Bros

Studios Leavesden Limited can be found on its website, including a contact form for general inquiries

The registered office address is Warner Bros

Studios Leavesden, Leavesden, Watford, Hertfordshire, WD25 7LR, UK

In conclusion, Warner Bros

Studios Leavesden Limited is a renowned film and television production company with a strong commitment to sustainability

Its range of products and services, along with its highly experienced team, have solidified its position as a leader in the industry

Company Review

Trend Analysis

The data shows a fluctuation in the average time taken for Warner Bros. Studios Leavesden Limited to pay invoices to suppliers over the past three periods. In the first period, from Jan 2018 to June 2018, the average time to pay was at 29 days, with 60% of invoices paid within 30 days. However, there was a slight increase in the second period, from July 2018 to Dec 2018, with the average time to pay at 31 days and only 62% of invoices paid within 30 days. The trend continues to fluctuate in the third period, from Jan 2019 to June 2019, with the average time to pay staying at 31 days but with a decrease in the percentage of invoices paid within 30 days to 60%. This trend suggests that the company may be facing some challenges in meeting their payment obligations to suppliers consistently.

Volatility Analysis

The data also shows a fluctuation in the percentage of invoices paid within the agreed terms of the company. In the first period, only 24% of invoices were not paid within the agreed terms, but this increased to 32% in the second period and then decreased to 27% in the third period. This volatility suggests that the company may be facing some internal challenges that are affecting their ability to consistently pay invoices within the agreed terms.

Summary Analysis

Looking at the past three periods, from Jan 2021 to June 2021, Warner Bros. Studios Leavesden Limited has shown a consistent trend of paying invoices within an average of 38 days. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, from 43% in the second period to 50% in the third period. This suggests that the company may be facing some challenges in meeting their payment obligations, leading to a delay in paying invoices within the agreed terms. It is worth noting that the percentage of invoices paid later than 60 days has also increased slightly from 8% in the second period to 12% in the third period. This indicates a potential issue with the company's cash flow or payment processing system.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The company’s standard terms and conditions provide for payment to be made within sixty (60) days of the later of the date: (a) on which the company receives supplier's invoice; or (b) the goods are accepted or the performance of the services is completed. Notwithstanding the standard payment terms described above, the company may agree different payment terms with individual suppliers on a case-by-case basis and as appropriate. Shorter payment terms than the standard have been agreed with respect to various contracts within the reporting period.

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

The company's goal is to resolve disputes fairly, quickly and amicably, and suppliers are encouraged to communicate with their usual business contact(s) in respect of any concerns as a first step. Disputes in respect of a contract that cannot be resolved through discussion between the company and a supplier as above are, under the company’s standard terms and conditions, ultimately subject to the jurisdiction of the English courts.

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