GREY ADVERTISING LIMITED
Company Information
- Company Number
- 00539916
- Registered Address
- Rose Court, 2 Southwark Bridge Road, London, England, SE1 9HS
- Status
- Active
- Employee Count
- 152
- Turnover
- £23,096,000
- EBITDA
- £3,225,000
Additional Details
- Website
- https://darkgreyltd.com/
- Company Type
- Private limited Company
- Incorporated On
- 30 October 1954
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Marketing And Sales
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 21 Jan 2025 | 28 | 62% | 35% | 3% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 29 | 56% | 41% | 3% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 29 | 57% | 39% | 4% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 33 | 48% | 46% | 6% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 32 | 51% | 42% | 7% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 36 | 35% | 58% | 5% | 43% |
| 01 Jan 2020 - 30 Jun 2020 | 05 Aug 2020 | 36 | 42% | 48% | 10% | 36% |
| 01 Jul 2019 - 31 Dec 2019 | 26 Feb 2020 | 34 | 45% | 48% | 7% | 34% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Feb 2020 | 34 | 43% | 50% | 7% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 30 | 50% | 43% | 7% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 42 | 33% | 47% | 20% | 57% |
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
Our standard terms are 60 days based on receipt of a valid invoice.
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
We have a dedicated dispute resolution process to ensure that all supplier invoices are processed as efficiently as possible. We provide suppliers with details of the issues that may affect the processing of their invoices and assistance by providing guidance on what is to be provided on their invoices to ensure payment can be made in a timely manner. We have a dedicated AP helpdesk that offers suppliers support through to query resolution and which can be contacted via a dedicated e-mail address or phone number. All invoices that are in query are logged and if unresolved at the time of supplier payment, details of the reasons for payment delay are communicated to the relevant suppliers.
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
Grey Advertising Limited is a leading global advertising and marketing agency, with a strong focus on sustainability and social responsibility. The company offers a wide range of services including advertising, branding, digital marketing, and media planning.
In terms of sustainability, Grey Advertising Limited has implemented various initiatives to reduce its environmental impact, such as using renewable energy, reducing waste and promoting recycling. The company also supports various charitable causes and partners with organizations dedicated to social and environmental causes.
Their key products and services include creative advertising campaigns, brand strategy and development, and digital marketing solutions. They work with a diverse range of clients, from small businesses to multinational corporations, to help them reach their target audience and achieve their marketing goals.
The company is led by a team of experienced and innovative individuals, including CEO Michael Houston and Global Chief Creative Officer John Patroulis. They are committed to driving the company's growth and success while maintaining a strong focus on sustainability and social responsibility.
Grey Advertising Limited's contact information can be found on their website, which is www.grey.com. Their registered office address is 77 Hatton Garden, London EC1N 8JS, United Kingdom. Overall, Grey Advertising Limited is a highly reputable and socially responsible company that continues to provide top-notch advertising and marketing services while promoting sustainability.
