ASCENTIAL GROUP LIMITED
Company Information
- Company Number
- 00435820
- Registered Address
- 33 Kingsway, London, United Kingdom, WC2B 6UF
- Status
- Active
- Employee Count
- 208
- Turnover
- £21,500,000
- EBITDA
- -£38,300,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 May 1947
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified70100 - Activities of head offices
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Ascential Group Limited standard payment terms are 30 days from invoice date. Maximum terms are 60 days. There have been no blanket changes to existing supplier payment terms during the reporting period.
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
Dispute Resolution Process
The Purchase Order requests suppliers send invoices to a dedicated mailbox. When sent, the supplier receives an auto email advising Processing times\Processing requirement\AP contacts\3 Tier Escalation contact route if required. For incorrectly prepared invoices, suppliers are sent a rejection email within 48 hours of receipt advising the information required to resubmit for payment.
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.
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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
Company Summary
ASCENTIAL GROUP LIMITED is a global media company that provides essential information, data and connections to businesses and professionals. They have a strong focus on sustainability and are committed to reducing their environmental impact.
The company offers a range of products and services including industry events, digital and print publications, and data and analytics solutions. These products and services are designed to help businesses and professionals make informed decisions and stay ahead in a rapidly changing market.
One of the key people at ASCENTIAL GROUP LIMITED is CEO Duncan Painter, who has led the company since 2016. The company's sustainability program is headed by Chief Sustainability Officer, Alison Jackson, who is responsible for implementing and monitoring sustainability initiatives across the company.
ASCENTIAL GROUP LIMITED has a dedicated sustainability team that works to reduce the company's carbon footprint, promote sustainable practices, and engage with stakeholders on environmental issues. They have set ambitious targets to reduce their greenhouse gas emissions, increase their use of renewable energy, and minimize waste.
The company also partners with organizations such as the Carbon Trust and the Sustainable Packaging Coalition to further their sustainability efforts. They have also launched a Sustainable Fashion and Beauty program, which aims to promote sustainable practices in the fashion and beauty industries.
The registered office address for ASCENTIAL GROUP LIMITED is The Prow, 1 Wilder Walk, London W1B 5AP, United Kingdom. Their website, www.ascential.com, provides more information about the company, their products and services, and their sustainability initiatives. Overall, ASCENTIAL GROUP LIMITED is a leading media company with a strong commitment to sustainability and making a positive impact on the world.
