THE RANDOM HOUSE GROUP LIMITED
Company Information
- Company Number
- 00954009
- Registered Address
- 20 Vauxhall Bridge Road, London, SW1V 2SA
- Status
- Active
- Employee Count
- 986
- Turnover
- £231,644,000
- EBITDA
- £31,742,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 May 1969
- Nature of Business
- 58110 - Book publishing
- Industries
- Creative,Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for THE RANDOM HOUSE GROUP LIMITED has fluctuated over the past three periods, starting at 31 days in 2018, dropping to 30 days in 2019, and then increasing to 30 days again in 2020. However, there has been a consistent improvement in the percentage of invoices paid within 30 days, increasing from 57% in 2018 to 89% in 2020. The percentage of invoices paid between 31 and 60 days has also slightly decreased from 26% in 2018 to 5% in 2020. However, there has been a significant increase in the percentage of invoices paid later than 60 days, rising from 17% in 2018 to 54% in 2020.
Volatility Analysis
The volatility of THE RANDOM HOUSE GROUP LIMITED's average time to pay has been relatively stable, only fluctuating by 1 day over the past three periods. However, there has been a significant increase in volatility for the percentage of invoices paid within 30 days, with a difference of 32% between 2018 and 2020. The volatility for the percentage of invoices paid between 31 and 60 days has also increased, with a difference of 21% between 2018 and 2020. The volatility for the percentage of invoices paid later than 60 days has also increased, with a difference of 37% between 2018 and 2020.
Summary Analysis
In the past three periods, THE RANDOM HOUSE GROUP LIMITED has shown improvement in paying invoices within 30 days, with the percentage increasing from 57% in 2018 to 89% in 2020. However, there has also been a significant increase in the percentage of invoices paid later than 60 days, rising from 17% in 2018 to 54% in 2020. In 2019, THE RANDOM HOUSE GROUP LIMITED had its best period for early payment with 87% of invoices paid within 30 days, while the worst period for late payment was in 2020 with 54% of invoices paid later than 60 days.
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 | 13 Oct 2025 | 25 | 90% | 3% | 7% | 40% |
| 01 Jul 2020 - 31 Dec 2020 | 16 Mar 2021 | 30 | 40% | 54% | 6% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 12 Oct 2020 | 30 | 89% | 5% | 6% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Feb 2020 | 24 | 85% | 8% | 7% | 52% |
| 01 Jan 2019 - 30 Jun 2019 | 06 Dec 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 22 Mar 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 31 | 57% | 26% | 17% | 43% |
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 from invoice date
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
120
Dispute Resolution Process
Disputes raised on a case by case basis with the accounts payable team and resolved accordingly
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
The Random House Group Limited is a British publishing company that was founded in 1925. It is a part of Penguin Random House, the world's largest trade book publisher.
The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. This includes using sustainably sourced paper, reducing carbon emissions, and promoting recycling and energy efficiency within its operations.
The Random House Group Limited publishes a wide range of books, including fiction, non-fiction, children's books, and audiobooks. Some of their notable titles include "The Girl on the Train" by Paula Hawkins and "The Fault in Our Stars" by John Green.
The key people at The Random House Group Limited include CEO Tom Weldon and Managing Director Gail Rebuck. They have a team of dedicated editors, marketers, and salespeople who work to bring their books to readers around the world.
The company's website address is www.penguinrandomhouse.co.uk, where customers can browse and purchase their books. The registered office address is 20 Vauxhall Bridge Road, London, SW1V 2SA.
In summary, The Random House Group Limited is a reputable publishing company in the UK that is committed to sustainability and offers a diverse range of books to readers. With a strong leadership team and a dedicated workforce, the company continues to thrive in the ever-changing publishing industry.
