MCCANN-ERICKSON ADVERTISING LIMITED

PaymentCheck Score 2025
90Good
4.6vs last year
#931 in UK
#79 in Professional Services
#433 in London

Company Information

Company Number
01372305
Registered Address
135 Bishopsgate, London, England, EC2M 3TP
Status
Active
Employee Count
216
Turnover
£190,252,000
EBITDA
£1,762,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 June 1978
Nature of Business
73110 - Advertising agencies
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
19 days
Shortest Period:1 days
Longest Period:52 days
Max Contractual:52 days

Payment Timeline

Within 30 Days
84%
31-60 Days
9%
After 60 Days
7%
Not Paid Within Terms9%

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: 2025-07-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202524 Jul 20251984%9%7%9%
01 Jul 2024 - 31 Dec 202415 Jan 20251788%6%6%8%
01 Jan 2024 - 30 Jun 202409 Jul 20241593%3%4%4%
01 Jul 2023 - 31 Dec 202322 Jan 20242185%6%9%11%
01 Jan 2023 - 30 Jun 202311 Jul 20232280%8%12%12%
01 Jul 2022 - 31 Dec 202211 Jan 20232480%9%11%14%
01 Jan 2022 - 30 Jun 202219 Jul 20221586%7%7%8%
01 Jul 2021 - 31 Dec 202121 Jan 20222281%10%9%12%
01 Jan 2021 - 30 Jun 202114 Jul 20211885%8%7%9%
01 Jul 2020 - 31 Dec 202015 Jan 20213179%11%10%10%
01 Jan 2019 - 30 Jun 201918 Jul 20194688%5%7%8%

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

Standard is based on vendor category, ranges from Payable Upon Receipt to Net 52.

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

52

Dispute Resolution Process

This is handled on a case by case basis, starting with our accounts payable department with escalation to the CFO.

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

MCCANN-ERICKSON ADVERTISING LIMITED is a leading advertising agency based in London, UK. The company was founded in 1912 and has been providing innovative and creative advertising solutions to clients for over a century.

The company offers a wide range of advertising services including brand strategy, creative development, media planning and buying, digital marketing, and public relations. Their clients include some of the biggest brands in the world, making MCCANN-ERICKSON one of the most trusted and successful advertising agencies in the industry.

In addition to their advertising services, MCCANN-ERICKSON is also committed to sustainability. The company has implemented various green initiatives to reduce their environmental impact, such as using eco-friendly materials in their campaigns, reducing energy consumption and promoting recycling within their offices.

Their sustainability program also includes working with clients to create sustainable advertising campaigns and promoting social responsibility through their messaging. This commitment to sustainability has earned MCCANN-ERICKSON recognition and awards for their efforts in creating a more sustainable advertising industry.

The key people at MCCANN-ERICKSON include Charles Cadell, the CEO of McCann Worldgroup in Europe and the UK, and Sheryl Marjason, the Chief Sustainability Officer for McCann Worldgroup. Under their leadership, the company has continued to thrive and expand its services while also prioritizing sustainability.

For more information on MCCANN-ERICKSON ADVERTISING LIMITED and their services, you can visit their website at www.mccann.com. Their registered office address is located at 7-11 Herbrand Street, London, WC1N 1EX, United Kingdom.

Financial Metrics

Cash
£14,247,000
Net Worth
£9,801,000
Total Current Assets
£69,087,000
Total Current Liabilities
£57,920,000

Company Location