COMMUNISIS UK LIMITED

PaymentCheck Score 2022
26Poor
4.2vs last year
#5038 in UK
#176 in Manufacturing
#290 in Yorkshire and The Humber

Company Information

Company Number
01006371
Registered Address
C/O Interpath Limited 4th Floor, Tailors Corner, Thirsk Row, Leeds, LS1 4DP
Status
In Administration
Employee Count
1,125
Turnover
£137,546,000
EBITDA
£17,679,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 March 1971
Nature of Business
17230 - Manufacture of paper stationery
18129 - Printing not elsewhere classified
63990 - Other information service activities not elsewhere classified
Industries
Manufacturing
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
76 days
Shortest Period:30 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
21%
31-60 Days
19%
After 60 Days
60%
Not Paid Within Terms58%

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: 2023-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202231 Jul 20227218%22%60%63%
01 Jan 2021 - 30 Jun 202130 Jul 20217423%25%52%52%
01 Jul 2020 - 31 Dec 202029 Jan 20218130%19%51%59%
01 Jan 2020 - 30 Jun 202006 Aug 20207722%13%65%69%
01 Jul 2019 - 31 Dec 201931 Jan 20207020%25%55%60%
01 Jan 2019 - 30 Jun 201917 Jul 20196923%36%41%58%

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

Communisis, as standard, pays all its suppliers and distributors no later than the last day of the month following the month in which the relevant undisputed invoice is received by Communisis i.e. between 31 and 61 days from receipt.

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

120

Dispute Resolution Process

If at any time a query, dispute or difference arises between Communisis and its supplier, typically under supply agreements the parties are expected to escalate the dispute to senior representatives of the parties who will use reasonable endeavours to resolve the dispute in good faith and within an acceptable time period. For Communisis, the senior representative would commonly be the relevant Category Manager, with further escalation points being the Head of / Director of the relevant functional area.

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

COMMUNISIS UK LIMITED is a leading provider of integrated marketing services in the United Kingdom. They offer a wide range of services including creative design, digital marketing, data management, and print production. The company is committed to sustainability and has implemented several initiatives to reduce their environmental impact.

Their sustainability program includes initiatives such as using renewable energy sources, reducing waste, and promoting sustainable procurement practices. They also have a recycling program in place for their office waste and encourage their employees to participate in green initiatives.

The company's products and services are tailored to meet the needs of their clients, which include major brands and organizations. They offer personalized and data-driven marketing solutions to help their clients reach their target audience effectively.

The key people at COMMUNISIS UK LIMITED include CEO Andy Blundell and Managing Director of Marketing Services, David Cunningham. They lead a team of experienced professionals who are committed to providing high-quality services to their clients.

The company's website address is www.communisis.com, where customers can find information about their services and get in touch with them. Their registered office address is 1320 Solihull Parkway, Birmingham Business Park, Birmingham, B37 7YB, United Kingdom.

In conclusion, COMMUNISIS UK LIMITED is a well-established marketing services provider in the UK, with a strong focus on sustainability. With a wide range of services, a dedicated team, and a commitment to reducing their environmental impact, the company continues to be a leader in the industry.

Financial Metrics

Cash
£7,306,000
Net Worth
£2,900,000
Total Current Assets
£59,861,000
Total Current Liabilities
£64,168,000

Company Location