INFORMA MARKETS UK LIMITED
Company Information
- Company Number
- 00370721
- Registered Address
- 5 Howick Place, London, United Kingdom, SW1P 1WG
- Status
- Active
- Employee Count
- 228.0
- Turnover
- 30983000.0
- EBITDA
- 4946000.0
Additional Details
- Website
- https://cmpi.biz/
- Company Type
- Private limited Company
- Incorporated On
- 19 November 1941
- Nature of Business
- 82301 - Activities of exhibition and fair organisers
- Industries
- Software
- 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 | 04 Feb 2024 | 24 | 30% | 59% | 11% | 20% |
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | 29 | 26% | 54% | 20% | 32% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jul 2023 | 60 | 26% | 54% | 20% | 43% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 26 | 31% | 47% | 22% | 40% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 25 | 33% | 46% | 21% | 37% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 27 | 30% | 44% | 26% | 36% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 31 | 62% | 31% | 7% | 41% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 26 | 60% | 33% | 7% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 28 | 59% | 36% | 5% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 27 | 65% | 27% | 8% | 39% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Jan 2019 | 33 | 57% | 32% | 11% | 43% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 28 | 63% | 30% | 7% | 40% |
Company Summary
INFORMA MARKETS (UK) LIMITED is a leading events and exhibitions company in the United Kingdom
They specialize in organizing and managing trade shows, conferences, and other business events across various industries
Their sustainability program is a key focus for the company, with a commitment to reducing their carbon footprint through initiatives such as using renewable energy sources, implementing waste reduction strategies, and promoting sustainable practices among their employees and suppliers
Their range of products and services includes events and exhibitions, digital and print media, and data and intelligence solutions
They offer a diverse portfolio of events in industries such as healthcare, fashion, finance, and technology
The key people at INFORMA MARKETS (UK) LIMITED include Chief Executive Officer, Charlie McCurdy, and Chief Financial Officer, Gareth Wright
The company has a team of experienced professionals who bring a wealth of knowledge and expertise to the organization
For more information on their events, products, and services, interested parties can visit their website at www.informamarkets.com/uk
The registered office address for INFORMA MARKETS (UK) LIMITED is 5 Howick Place, London, SW1P 1WG, United Kingdom
Company Review
Trend Analysis
The average time for INFORMA MARKETS (UK) LIMITED to pay invoices has fluctuated between 24 and 33 days over the past three years, with a slight decrease in the most recent period. However, there has been a significant increase in the percentage of invoices paid later than 60 days in the last two periods, potentially indicating a trend towards slower payment.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with a range of 26% to 33% over the past three years. However, there has been a notable increase in volatility in the percentage of invoices paid between 31 and 60 days, with a range of 27% to 59% in the same time frame. This suggests that the company's payment patterns in this range have been less consistent.
Summary Analysis
Over the past three years, INFORMA MARKETS (UK) LIMITED has shown a consistent trend of paying invoices within 30 days, with an average of 60% of invoices paid within this time frame. However, there has been an increase in the percentage of invoices paid later than 60 days, with a peak of 59% in the most recent period. This suggests a potential trend towards slower payment.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Informa Markets (UK) Ltd a trading entity for Informa PLC in the UK. Unless otherwise agreed in writing, Informa Markets (UK) will pay for third party goods or services within 60 days of receipt of a correct, undisputed and properly due VAT invoice. Invoices must be provided on or at any time after completion of service or delivery of goods in accordance with terms agreed. All invoices must state a valid purchase order; period it relates to; valid VAT breakdown if applicable and include all supporting information required by us. Upon receipt of valid invoice Informa Markets (UK) will pay undisputed invoiced amounts to your nominated bank account by the standard terms agreed. If Informa Markets (UK) fail to pay any amount properly due and payable under this Order, you shall have the right to charge interest on the overdue amount at the rate of 2 per cent per annum above the base rate for the time being of Lloyds TSB Bank plc accruing on a daily basis from the due date up to the date of actual payment, whether before or after judgment. This clause shall not apply to invoices that we dispute in good faith, that do not comply with our terms and conditions. Informa Markets (UK) understands its responsibilities under the ‘Late Payment of Commercial Debts (Interest) Act 1998
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
Informa Markets (UK) has a dedicated accounts payable team which can be reached by phone or email to resolve any payment or invoice related queries. In turn the team will reach out to supplier contact if it is not clear from the system why an invoice has not been approved for payment. All disputes aim to be resolved promptly within Informa SLA. Any unresolved disputes can be escalated to Informa Shared Service Centre
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
