MEDIACOM UK LIMITED
Company Information
- Company Number
- 01199309
- Registered Address
- 124 Theobalds Road, London, WC1X 8RX
- Status
- Active
- Employee Count
- 1,078
- Turnover
- £187,089,000
- EBITDA
- £44,034,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 6 February 1975
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Marketing And Sales
- 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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 82 | 38% | 23% | 39% | 35% |
| 01 Jan 2023 - 30 Jun 2023 | 07 Aug 2023 | 99 | 29% | 22% | 49% | 39% |
| 01 Jul 2022 - 31 Dec 2022 | 08 Feb 2023 | 92 | 41% | 18% | 41% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 91 | 39% | 21% | 40% | 53% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 86 | 36% | 18% | 46% | 40% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Aug 2021 | 60 | 54% | 22% | 25% | 24% |
| 01 Jul 2020 - 31 Dec 2020 | 04 Mar 2021 | 53 | 57% | 18% | 25% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Feb 2021 | 83 | 29% | 20% | 51% | 48% |
| 01 Jul 2019 - 31 Dec 2019 | 12 Feb 2020 | 75 | 39% | 26% | 35% | 39% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 52 | 44% | 21% | 35% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 49 | 50% | 19% | 31% | 45% |
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
We pay our media vendors in line with industry standards, dependent on media type, which are between 25 and 60 days from receipt of a valid invoice following the end of the month of media activity. Where appropriate, vendors are required to also provide supporting documentation confirming media activity has run.
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
We have a defined dispute resolution process to ensure that all supplier invoices are processed as efficiently as possible. Suppliers are provided with details of the issues that may affect the processing of their invoices and assistance by providing guidance on what is to be provided on their invoices to ensure payment can be made in a timely manner. Our AP helpdesk offers suppliers support through to query resolution and can be contacted via a dedicated e-mail address or phone number. All invoices that are in query are logged and if unresolved at the time of supplier payment, details of the reasons for payment delay are communicated to the relevant suppliers.
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
MEDIACOM UK LIMITED is a leading media agency that provides a wide range of services to its clients. The company is committed to sustainability and has a strong focus on reducing its environmental impact.
Their sustainability program includes initiatives such as reducing carbon footprint, promoting recycling and using renewable energy sources. They also work closely with their clients to develop sustainable marketing strategies that align with their environmental goals.
MEDIACOM UK LIMITED offers a variety of products and services including media planning and buying, digital marketing, data and analytics, and content production. They have a team of experienced professionals who are dedicated to delivering innovative and effective solutions to their clients.
Some key people in the company include Karen Blackett, the CEO, who has been named one of the most influential women in the advertising industry, and Josh Krichefski, the CEO of EMEA, who has over 20 years of experience in media and advertising.
Their website address is www.mediacom.com/uk and their registered office address is 124 Theobalds Road, Holborn, London, WC1X 8RX, United Kingdom. MEDIACOM UK LIMITED is a subsidiary of WPP PLC, a global advertising and marketing services company.
