IPSOS MARKET RESEARCH LTD

Company Information

Company Number
00948470
Registered Address
Cfo-ipsos Mori, 3 Thomas More Square, London, England, E1W 1YW
Status
Active
Employee Count
483.0
Turnover
104084000.0
EBITDA
8633000.0

Additional Details

Company Type
Private limited Company
Incorporated On
21 February 1969
Nature of Business
73200 - Market research and public opinion polling
Industries
0
Region
London

Company Location

Failed to initialize map

Financial Metrics

Cash
£5,732,000.00
Net Worth
£40,814,000.00
Total Current Assets
£95,497,000.00
Total Current Liabilities
£55,790,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-05

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
68%
31-60 Days
26%
After 60 Days
6%
Not Paid Within Terms32%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Dec 2019Jun 2019Jun 201809182736

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Dec 2019Jun 2019Jun 2018020406080

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202305 Feb 20243168%26%6%32%
01 Jan 2023 - 30 Jun 202327 Jul 20233164%28%8%37%
01 Jul 2022 - 31 Dec 202206 Feb 20233457%33%10%43%
01 Jan 2022 - 30 Jun 202205 Aug 20222970%26%4%30%
01 Jul 2021 - 31 Dec 202107 Feb 20222775%20%5%25%
01 Jan 2021 - 30 Jun 202106 Aug 20212676%19%5%24%
01 Jul 2020 - 31 Dec 202028 Jan 20213078%14%8%22%
01 Jan 2020 - 30 Jun 202014 Aug 20203270%19%11%30%
01 Jul 2019 - 31 Dec 201930 Jan 20203362%28%10%38%
01 Jul 2019 - 31 Dec 201930 Jan 2020
01 Jan 2019 - 30 Jun 201930 Jul 20192874%19%7%26%
01 Jul 2018 - 31 Dec 201808 Feb 20192473%22%5%27%
01 Jan 2018 - 30 Jun 201830 Jul 20182474%18%8%26%

Company Summary

IPSOS (MARKET RESEARCH) LTD is a leading global market research company that provides valuable insights and data to businesses and organizations

They have offices in over 90 countries and work with clients from various industries, including technology, healthcare, finance, and media

The company offers a wide range of market research services, including brand tracking, customer satisfaction surveys, and product testing

They also conduct qualitative and quantitative research to help businesses understand consumer behavior and preferences

IPSOS (MARKET RESEARCH) LTD is committed to sustainability and has implemented several initiatives to reduce their environmental impact

They have a sustainability program in place that focuses on reducing waste, conserving energy, and promoting ethical and responsible practices within the company

The company is led by a team of experienced and knowledgeable individuals, including CEO Didier Truchot, who founded IPSOS in 1975

Their team of experts includes researchers, analysts, and consultants who work together to deliver accurate and reliable market insights

The company can be contacted through their website, which is www.ipsos.com

Their registered office address is in London, UK

Overall, IPSOS (MARKET RESEARCH) LTD is a reputable and reliable market research company that helps businesses make informed decisions based on consumer data and trends

Company Review

Trend Analysis

Over the past three periods, there has been a slight increase in the average time for IPSOS (MARKET RESEARCH) LTD to pay invoices, going from 24 days in the first period to 31 days in the most recent period. However, there has been a general trend of improvement in the percentage of invoices paid within 30 days, with an increase from 74% to 76%. There has also been a decrease in the percentage of invoices paid later than 60 days, going from 8% to 5%. Overall, there has been a steady improvement in the company's payment performance over the past three periods.

Volatility Analysis

Looking at the data, there is some volatility in the percentage of invoices paid between 31 and 60 days, with a high of 33% in the fifth period and a low of 14% in the sixth period. This indicates some inconsistency in the company's payment habits during this time. However, there is no significant volatility in the other payment metrics, with relatively small changes in the percentages over the periods.

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 payment terms are 30 days

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Supplier needs to contact Accounts Payable (AP) team to resolve the dispute in the first instance. If AP is unable to solve the dispute then they will involve buyer as well. If the disputes remain unsettled or supplier is unhappy with the decision made by AP/Buyer then they can escalate to Director Finance and then to CFO.

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