PUBLICIS HEALTHCARE COMMUNICATIONS GROUP LIMITED
Company Information
- Company Number
- 01072087
- Registered Address
- 1st Floor 2 Television Centre, 101 Wood Lane, London, England And Wales, United Kingdom, W12 7FR
- Status
- Active
- Employee Count
- 343.0
- Turnover
- 49876000.0
- EBITDA
- 2948000.0
Additional Details
- Website
- https://publicisresolute.com
- Company Type
- Private limited Company
- Incorporated On
- 15 September 1972
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Professional Services
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 34 | 69% | 23% | 8% | 36% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 44 | 62% | 26% | 13% | 43% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 50 | 60% | 26% | 14% | 47% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 45 | 48% | 39% | 13% | 55% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 46 | 41% | 41% | 18% | 64% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 44 | 57% | 30% | 14% | 55% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 47 | 50% | 34% | 16% | 61% |
Company Summary
PUBLICIS HEALTHCARE COMMUNICATIONS GROUP LIMITED is a leading global healthcare communications agency that provides a range of services to clients in the healthcare industry
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact
The company offers a wide range of products and services including advertising, branding, market research, digital solutions, and medical education
They work with pharmaceutical, biotech, and medical device companies to develop effective communication strategies and campaigns that promote their products and services
Key people at PUBLICIS HEALTHCARE COMMUNICATIONS GROUP LIMITED include Nick Colucci, the CEO and President, and Karen Lim, the Global Chief Talent Officer
They lead a team of talented professionals who are dedicated to delivering innovative and impactful solutions for their clients
The company's sustainability program includes efforts to reduce waste, conserve energy, and promote eco-friendly practices in their offices and production processes
They also support various social and environmental causes through partnerships with non-profit organizations
To learn more about PUBLICIS HEALTHCARE COMMUNICATIONS GROUP LIMITED and their services, you can visit their website at www.publicishealthcare.com
Their registered office address is 100 Park Avenue, New York, NY 10017, United States
Company Review
Trend Analysis
The average time taken for PUBLICIS HEALTHCARE COMMUNICATIONS GROUP LIMITED to pay invoices has been fluctuating over the past three periods. It was 47 days in the period of Jul 2020 - Dec 2020, decreased to 44 days in the period of Jan 2021 - Jun 2021, and then increased to 46 days in the period of Jul 2021 - Dec 2021. However, it decreased again to 45 days in the period of Jan 2022 - Jun 2022, increased to 50 days in the period of Jul 2022 - Dec 2022, and then decreased to 44 days in the period of Jan 2023 - Jun 2023.
Volatility Analysis
The volatility of the time taken for PUBLICIS HEALTHCARE COMMUNICATIONS GROUP LIMITED to pay invoices can be seen in the varying percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. These percentages have been changing significantly in the past three periods.
Summary Analysis
The time taken for PUBLICIS HEALTHCARE COMMUNICATIONS GROUP LIMITED to pay invoices has been fluctuating, with a slight decrease in the most recent period. However, there has been volatility in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. The percentage of invoices paid within 30 days has been improving in the last two periods, while the percentage of invoices paid later than 60 days has been decreasing. The shortest (or only) standard payment period for the company is 1 day.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The supplier shall invoice the Company at the invoicing address set out on the purchase order and the Company’s terms of payment shall be 60 days following receipt of a valid invoice quoting the correct purchase order and job numbers for Goods and/or Materials delivered and/or Services performed to the Company’s reasonable satisfaction. The Company may set off against any sums due to the supplier whether under contract or otherwise any lawful set-off, counterclaim to which the Company may at any time be entitled. Agencies are able to amend the standard payment terms for their business needs, within the Vendor Master Data File.
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
Any disputes in respect of supplier payments are resolved by contacting the Accounts Payable Team via our automatic ticketing support service, RVIC at the following link https://www.resourcesvendoric.com. The Accounts Payable department will then assist further with query and if applicable this may be escalated to the legal team.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
