TELEGRAPH MEDIA GROUP LIMITED

PaymentCheck Score 2023
62Fair
5.1vs last year
#3323 in UK
#22 in Media And Publishing
#1305 in London

Company Information

Company Number
00451593
Registered Address
111 Buckingham Palace Road, London, SW1W 0DT
Status
Active
Employee Count
897
Turnover
£196,581,000
EBITDA
£29,050,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 March 1948
Nature of Business
58130 - Publishing of newspapers
Industries
Media And Publishing, Software
Region
London

Time to Pay

Average Time to Pay
37 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
53%
31-60 Days
39%
After 60 Days
8%
Not Paid Within Terms43%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Jan 2023 - 02 Jul 202327 Jul 20233752%38%10%45%
03 Jan 2022 - 03 Jul 202228 Jul 20223459%32%9%40%
05 Jul 2021 - 02 Jan 202201 Feb 20223452%41%7%49%
04 Jan 2021 - 04 Jul 202123 Jul 20213551%40%9%49%
01 Jan 2018 - 30 Jun 201831 Jul 20183257%37%6%45%

Payment Time Trends

Payment Distribution Trends

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 goods and services from suppliers are 60 days. However, contractual terms do vary between 7 to 60 days.

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

Payment disputes are initially dealt with via an email communication to accounts.payable@telegraph.co.uk with the supplier detailing the issue. These will be dealt with by the Accounts Payable Team, led by the Accounts Payable Manager. If required, the dispute will be escalated to the Head of Treasury and Transactional Finance and further to the Group Financial Controller.

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

Company Summary

TELEGRAPH MEDIA GROUP LIMITED is a British media company that operates various newspaper and digital platforms, including The Daily Telegraph, The Sunday Telegraph, and The Telegraph website. The company is headquartered in London and was founded in 1855.

The company's sustainability program focuses on reducing its environmental impact and promoting ethical practices. They have implemented various initiatives such as reducing paper waste and using sustainable materials in their publications. In addition, they have committed to reducing their carbon footprint and promoting diversity and inclusion within their workforce.

TELEGRAPH MEDIA GROUP LIMITED offers a range of products and services, including print and digital subscriptions, advertising opportunities, and events. They also have a strong online presence with a comprehensive website that covers news, sports, entertainment, and lifestyle content.

The key people at TELEGRAPH MEDIA GROUP LIMITED include Chief Executive Officer Nick Hugh, Executive Editor Ian MacGregor, and Chief Financial Officer Chris Taylor.

For more information about their services and products, you can visit their website at www.telegraph.co.uk. Their registered office address is 111 Buckingham Palace Road, London SW1W 0DT, United Kingdom.

Financial Metrics

Cash
£42,194,000
Net Worth
£208,452,000
Total Current Assets
£286,429,000
Total Current Liabilities
£67,055,000

Company Location