CLEAR CHANNEL UK LIMITED
Company Information
- Company Number
- 00950526
- Registered Address
- 33 Golden Square, London, W1F 9JT
- Status
- Active
- Employee Count
- 590
- Turnover
- £183,523,000
- EBITDA
- £33,090,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 March 1969
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Professional Services
- 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 32 | 59% | 32% | 9% | 37% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 33 | 55% | 35% | 10% | 32% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 32 | 55% | 37% | 8% | 32% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 45 | 47% | 34% | 19% | 40% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 39 | 48% | 38% | 14% | 51% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 44 | 43% | 41% | 16% | 53% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 40 | 47% | 39% | 14% | 49% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 41 | 46% | 37% | 17% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 33 | 48% | 43% | 9% | 54% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 26 | 66% | 27% | 7% | 32% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 24 | 66% | 29% | 5% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 23 | 69% | 26% | 5% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 24 | 66% | 27% | 7% | 37% |
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 payment terms are 45 days - some suppliers are paid on 60 days - none longer
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
• Depends on the reason… o if the supplier or Landlord are claiming shorter terms than we have set in our systems, the AP team would refer the supplier or Landlord to the Procurement or Estates Management team, respectively, so terms can be agreed as vendor amendments are the responsibility of these teams to approve. o If payment is late, the AP team will investigate and resolve ASAP. Reasons are usually that an invoice is awaiting approval with the relevant designated approver or that the Purchase Order has not been raised/receipted by the relevant department within the business. AP will follow up with the individuals concerned to resolve, enabling the invoice to be processed for payment, at which point the invoice can then be settled on the next payment run, if agreed to by the supplier, or a same day bank transfer can be arranged. o Costing query, where the invoice exceeds the PO value – these are routed via workflow in the system to whomever approved the purchase order, to approve the difference, after which the invoice is processed for payment and settled on the next payment run, if agreed to by the supplier, or a same day bank transfer can be arranged. o On some occasions a credit note will be requested, if the supplier has invoiced at an incorrect value. o If a reminder is received and the invoice has not been received prior to this, the AP team will request a copy of the invoice and process as normal so it can be settled in the next payment run, if agreed to by the supplier, or a same day bank transfer can be arranged.
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
Clear Channel UK Limited is a leading outdoor advertising company in the United Kingdom. They specialize in providing innovative and impactful advertising solutions through various mediums such as billboards, digital screens, and street furniture.
Their sustainability program, called "Clear Vision," is a key focus for the company. They are committed to reducing their environmental impact by using renewable energy sources, implementing recycling initiatives, and promoting green transportation for their staff. They also work closely with their suppliers to ensure sustainable practices are followed throughout their supply chain.
In addition to their sustainability efforts, Clear Channel UK Limited offers a range of products and services to their clients. These include traditional and digital out-of-home advertising options, as well as data-driven solutions for targeted and personalized campaigns. They also provide audience measurement data to help advertisers reach their desired audience effectively.
The company is led by a team of experienced and dedicated individuals, including CEO Justin Cochrane and Chairman Richard Sharp. Their registered office address is in London, and their website is www.clearchannel.co.uk.
Overall, Clear Channel UK Limited is a reputable and responsible company that not only delivers effective advertising solutions but also prioritizes sustainability and environmental responsibility in all aspects of their operations.
