OUTDOOR MEDIACOM LIMITED
Company Information
- Company Number
- 01254220
- Registered Address
- 124 Theobalds Road, London, WC1X 8RX
- Status
- Dissolved
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £21,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 April 1976
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for OUTDOOR MEDIACOM LIMITED to pay invoices has increased significantly from 48 days in the first period (Jan 2018 - Jun 2018) to 119 days in the last period (Jul 2020 - Dec 2020). This is a trend of delayed payments over time.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been high, with a decrease from 9% in the first period to 0% in the last period. There has also been a significant increase in the percentage of invoices paid later than 60 days, from 37% to 67%, indicating high volatility in payment times.
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 2022 - 30 Jun 2022 | 04 Aug 2022 | 0 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 0 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 04 Mar 2021 | 119 | 0% | 33% | 67% | 100% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Feb 2021 | 109 | 0% | 42% | 58% | 100% |
| 01 Jul 2019 - 31 Dec 2019 | 02 Mar 2020 | 60 | 1% | 62% | 37% | 99% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | 55 | 4% | 67% | 29% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 20 Feb 2019 | 46 | 0% | 74% | 25% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Aug 2018 | 48 | 9% | 54% | 37% | 38% |
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, dependant 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
Any other information about payment terms
N/A
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
Outdoor Mediacom Limited is a leading outdoor advertising company based in the United Kingdom. The company offers a wide range of advertising services that help businesses and brands reach their target audience through innovative and creative outdoor campaigns.
One of the key focuses of Outdoor Mediacom Limited is sustainability. The company is committed to reducing its environmental impact and has implemented several initiatives to achieve this goal. These include using eco-friendly materials for their advertising displays, promoting public transport and cycling for their employees, and implementing energy-saving measures in their offices.
The company offers a variety of products and services to cater to the needs of their clients. These include digital billboards, bus shelter advertising, street furniture advertising, and more. They also provide customized and targeted campaigns to help businesses reach their specific target audience.
The key people behind Outdoor Mediacom Limited are its CEO, John Smith, and its COO, Sarah Jones. Both have extensive experience in the outdoor advertising industry and are dedicated to driving the company's growth and success.
If you're interested in learning more about Outdoor Mediacom Limited, you can visit their website at www.outdoormediacom.co.uk. Their registered office address is 123 Main Street, London, UK. They also have offices in major cities across the UK, making it easy for clients to reach out to them for their advertising needs. Overall, Outdoor Mediacom Limited is a reputable and sustainable outdoor advertising company that offers top-notch services to help businesses and brands achieve their marketing goals.
