UNIVERSAL MUSIC OPERATIONS LIMITED

PaymentCheck Score 2025
59Fair
3.0vs last year
#3133 in UK
#1218 in London

Company Information

Company Number
00950138
Registered Address
4 Pancras Square, London, United Kingdom, N1C 4AG
Status
Active
Employee Count
0
Turnover
£618,925,000
EBITDA
£90,875,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 March 1969
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
42 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
58%
31-60 Days
25%
After 60 Days
17%
Not Paid Within Terms42%

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: 2025-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20254554%27%19%46%
01 Jul 2024 - 31 Dec 202427 Jan 20254258%25%17%42%
01 Jan 2024 - 30 Jun 202426 Jul 20244155%30%15%45%
01 Jul 2023 - 31 Dec 202326 Jan 20243960%27%13%40%
01 Jan 2023 - 30 Jun 202327 Jul 20234051%31%18%49%
01 Jan 2022 - 30 Jun 202229 Jul 20224454%29%17%46%
01 Jan 2021 - 30 Jun 202128 Jul 20214454%30%17%46%
01 Jan 2020 - 30 Jun 202028 Jul 20202082%8%11%49%
01 Jul 2019 - 31 Dec 201931 Jan 20204540%45%15%60%
01 Jan 2019 - 30 Jun 201930 Jul 20195035%45%20%65%
01 Jan 2018 - 30 Jun 201827 Jul 20185938%44%18%65%

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

30 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

90

Dispute Resolution Process

Designated Accounts Payable Helpdesk assist and support all our Suppliers. Should a query or dispute arise these are directed to the relevant business user/unit for escalation and resolution.

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

Universal Music Operations Limited is a British music company that operates as a subsidiary of Universal Music Group, a global leader in the music industry. Based in London, the company offers a wide range of music-related services and products, including music publishing, recorded music, and artist management.

As part of their sustainability program, Universal Music Operations Limited is committed to reducing their environmental impact and promoting ethical and responsible practices. They have implemented initiatives such as using renewable energy sources, reducing their carbon footprint, and promoting sustainable packaging for their products.

The company's products and services include a diverse portfolio of artists, from emerging talents to some of the biggest names in the music industry. They also offer a wide range of genres, from pop and rock to classical and jazz, catering to a diverse audience.

Key people in Universal Music Operations Limited include the CEO, David Joseph, who has been with the company since 1998 and has led it to great success. He is supported by a team of experienced executives who are dedicated to promoting and developing the company's artists and products.

For any inquiries or information, Universal Music Operations Limited can be contacted through their website at www.umusic.co.uk. Their registered office address is 4 Pancras Square, Kings Cross, London N1C 4AG, United Kingdom. With a strong commitment to sustainability and a wide range of high-quality products and services, Universal Music Operations Limited continues to thrive in the ever-changing music industry.

Financial Metrics

Cash
£735,000
Net Worth
£92,476,000
Total Current Assets
£2,500,717,000
Total Current Liabilities
£2,430,614,000

Company Location