GRASS VALLEY LIMITED

Company Information

Company Number
01160119
Registered Address
12 Queen Eleanor House, Kingsclere Park, Kingsclere, Hampshire, United Kingdom, RG20 4SW
Status
Active
Employee Count
220
Turnover
£33,588,000
EBITDA
-£68,792,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 February 1974
Nature of Business
62012 - Business and domestic software development
Industries
Software
Region
South East

Time to Pay

Average Time to Pay
66 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
25%
31-60 Days
33%
After 60 Days
42%
Not Paid Within Terms75%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-07-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201905 Jul 20198118%19%63%82%
01 Jul 2018 - 31 Dec 201805 Jul 20196625%33%42%75%
01 Jan 2018 - 30 Jun 201826 Jul 20187314%26%60%74%

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

The Business does not have Standard payment terms; the most frequently used terms are EOM60 (End of Month 60 days) – translated into days, this could equate to a payment date from anything between 60 days (for an invoices dated & processed on the last day of the month), up to 90 days (for an invoice dated & processed on the first day of a 31-day month).

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

For any disputes or queries concerning payments, suppliers should address all enquiries in the first instance to the Accounts Payable Team at grassvalley.invoices@belden.com, or alternatively call the Accounts Payable Team on 0031-77-3878 365. The Accounts Payable Team will then be able to acknowledge the dispute or query, and revert back to the supplier with an update as quickly as possible, after checking their internal systems, and if required, after liaising with other internal departments – to hopefully provide a swift resolution for all parties. Timescales of a full resolution would depend on the complexity and nature of the dispute or query, but the Accounts Payable Team will respond back to the initial query email or telephone call, on receipt thereof.

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

GRASS VALLEY LIMITED is a leading company in the media and entertainment industry, providing innovative technology solutions for broadcast and production environments. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility.

The company's sustainability program includes measures such as energy efficiency, waste reduction, and responsible procurement practices. They also have a recycling program in place for their products and strive to use renewable resources in their operations. GRASS VALLEY LIMITED is dedicated to reducing their carbon footprint and has set targets to achieve this goal.

The company offers a wide range of products and services, including production and playout solutions, live production systems, media management, and content delivery. They continuously innovate and adapt to the changing landscape of the media industry, providing cutting-edge technology to their clients.

The key people at GRASS VALLEY LIMITED include Tim Shoulders, the President and CEO, and Marco Lopez, the Senior Vice President of Live Production. Both have extensive experience in the media industry and are dedicated to driving the company's success.

For more information on their products and services, interested parties can visit the company's website at www.grassvalley.com. The registered office address for GRASS VALLEY LIMITED is 1 Park Lane, Hemel Hempstead, Hertfordshire, HP2 4YL, United Kingdom.

Financial Metrics

Cash
£637,000
Net Worth
-£106,004,000
Total Current Assets
£50,558,000
Total Current Liabilities
£156,096,000

Company Location