Score of 90.3/100 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 - 29 Dec 2024 | 27 Jan 2025 | 25 | 94% | 4% | 2% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 37 | 93% | 5% | 2% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 37 | 53% | 39% | 8% | 43% |
| 02 Jan 2023 - 02 Jul 2023 | 27 Jul 2023 | 37 | 52% | 38% | 10% | 45% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 37 | 58% | 33% | 9% | 41% |
| 03 Jan 2022 - 03 Jul 2022 | 28 Jul 2022 | 34 | 59% | 32% | 9% | 40% |
| 05 Jul 2021 - 02 Jan 2022 | 01 Feb 2022 | 34 | 52% | 41% | 7% | 49% |
| 04 Jan 2021 - 04 Jul 2021 | 23 Jul 2021 | 35 | 51% | 40% | 9% | 49% |
| 30 Dec 2019 - 28 Jun 2020 | 17 Nov 2020 | 36 | 52% | 38% | 9% | 49% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 35 | 46% | 46% | 8% | 64% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 32 | 57% | 37% | 6% | 45% |
This information is as reported by the business, and responses are in their own words.
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
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 Chief Finance Officer if necessary.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
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.
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