UNIVERSAL PICTURES LIMITED
Company Information
- Company Number
- 00859283
- Registered Address
- 1 Central St. Giles, St. Giles High Street, London, WC2H 8NU
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 136311.0
- EBITDA
- -10823.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 September 1965
- Nature of Business
- 59111 - Motion picture production activities
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment
- Region
- London
Company Location
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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 | 31 Jan 2024 | 24 | 93% | 7% | 0% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 63 | 70% | 13% | 17% | 22% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 12 | 90% | 0% | 10% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 22 | 67% | 33% | 0% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 31 | 40% | 56% | 4% | 60% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 34 | 76% | 10% | 14% | 24% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 22 | 92% | 4% | 4% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 27 | 79% | 4% | 17% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 35 | 69% | 19% | 11% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 28 | 80% | 8% | 12% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 23 | 83% | 13% | 4% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 20 | 91% | 4% | 4% | 9% |
Company Summary
Universal Pictures Limited is a British film production and distribution company, operating as a subsidiary of Universal Studios
The company has a rich history dating back to 1912 when it was founded by Carl Laemmle
Over the years, Universal Pictures Limited has become a leading player in the global entertainment industry, producing and distributing blockbuster films that have captured the hearts of audiences worldwide
Sustainability is at the core of Universal Pictures Limited's operations, with a strong commitment to reducing their environmental impact and promoting social responsibility
The company has implemented a sustainability program that focuses on reducing waste, conserving resources, and promoting eco-friendly practices across its operations
As part of this program, Universal Pictures Limited has invested in renewable energy sources, reduced its carbon footprint, and implemented sustainable production practices on film sets
Universal Pictures Limited offers a wide range of products and services, including film production, distribution, and licensing
The company has produced and distributed some of the most successful films in recent years, such as the Fast and Furious franchise, Jurassic World, and Despicable Me
In addition to producing blockbuster films, Universal Pictures Limited also offers licensing opportunities for its intellectual property, allowing other companies to use its characters and stories for their own products
The key people behind Universal Pictures Limited's success include President and Chief Distribution Officer, Duncan Clark, and President and Chief Marketing Officer, Michael Moses
Both have extensive experience in the entertainment industry and have played crucial roles in the company's growth and success
Other notable individuals within the company include Vice President of Production, Karen Lunder, and Executive Vice President of Global Communications, Cindy Gardner
Universal Pictures Limited's website (www.universalpictures.co.uk) offers information on the company's history, current projects, and upcoming releases
The website also provides contact information for media inquiries, licensing opportunities, and job opportunities
The registered office address for Universal Pictures Limited is 1 Central St Giles, St Giles High Street, London WC2H 8NU, United Kingdom
In conclusion, Universal Pictures Limited is a leading film production and distribution company with a strong commitment to sustainability and a diverse range of products and services
With a talented team of individuals and a focus on innovation, the company continues to be a major player in the global entertainment industry
Company Review
Trend Analysis
The data shows a fluctuating trend for Universal Pictures Limited's average time to pay invoices over the past three periods. From 2018-2020, there was a slight decrease in the average time to pay, but in 2021, it increased significantly. In 2022, there was a sharp decrease, followed by a significant increase in 2023. This suggests a lack of consistency in payment practices.
Volatility Analysis
The volatility in Universal Pictures Limited's payment practices is evident in the significant changes in the percentages of invoices paid within 30 days, between 31-60 days, and later than 60 days. This volatility is also reflected in the fluctuating average time to pay and the varying percentages of invoices not paid within agreed terms.
Summary Analysis
From 2018-2020, Universal Pictures Limited had a relatively stable payment practice, with an average time to pay ranging from 20-28 days and 80-91% of invoices paid within 30 days. However, in 2021, the company's payment practices deteriorated significantly, with only 40% of invoices paid within 30 days and 60% paid later than 60 days. This trend continued in 2022, with a significant increase in the average time to pay and a decrease in the percentage of invoices paid within 30 days. In 2023, there was a slight improvement, but the average time to pay remains high at 63 days, and 17% of invoices are still paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The most common payment terms of invoices paid in the period are net 30 days, from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Vendors classified as Freelancer are assign 14 days as payment terms.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes are resolved with the claimant by negotiation involving the business, accounts payable and NBCU Business lead counsel, and if required litigation counsel will be contacted.
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
