CNBC UK LIMITED
Company Information
- Company Number
- 01574907
- Registered Address
- 10 Fleet Place, London, EC4M 7QS
- Status
- Active
- Employee Count
- 92.0
- Turnover
- 29764000.0
- EBITDA
- 1529000.0
Additional Details
- Website
- https://cnbc.com
- Company Type
- Private limited Company
- Incorporated On
- 17 July 1981
- Nature of Business
- 59113 - Television programme production activities$60200 - Television programming and broadcasting activities
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment
- 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 | 77% | 12% | 11% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 40 | 68% | 17% | 15% | 32% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 37 | 59% | 26% | 15% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 38 | 63% | 23% | 13% | 36% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 41 | 50% | 37% | 13% | 50% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 61 | 51% | 33% | 16% | 49% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 55 | 55% | 33% | 12% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 59 | 26% | 47% | 26% | 73% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 65 | 32% | 42% | 26% | 70% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 53 | 28% | 44% | 28% | 62% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 46 | 36% | 46% | 19% | 64% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 50 | 41% | 42% | 17% | 56% |
Company Summary
CNBC (UK) LIMITED is a financial news and information company based in the United Kingdom
Their primary focus is on providing business and financial news through their television network, website, and mobile app
The company is committed to sustainability and has a comprehensive sustainability program in place
CNBC (UK) LIMITED offers a range of products and services including live market updates, breaking news, analysis, and expert opinions from top business leaders
They also offer on-demand video content, podcasts, and newsletters
The key people at CNBC (UK) LIMITED include their CEO, Mark Hoffman, who has over 30 years of experience in the media industry
Other key people include anchors and reporters such as Karen Tso, Steve Sedgwick, and Wilfred Frost, who bring their expertise and knowledge to provide in-depth coverage of the financial world
To contact CNBC (UK) LIMITED, individuals can visit their website at www.cnbc.com/uk or call their registered office at 1 London Bridge Street, London, SE1 9GF
The company also has a strong presence on social media, with active accounts on Twitter, Facebook, and LinkedIn
In summary, CNBC (UK) LIMITED is a leading financial news and information company in the UK, providing a wide range of products and services to keep individuals informed about the business world
With a focus on sustainability and a team of experienced professionals, CNBC (UK) LIMITED continues to be a trusted source for financial news and analysis
Company Review
Trend Analysis
The trend for CNBC (UK) LIMITED shows a fluctuation in the average time to pay invoices over the past three periods. From 2018 to 2021, there was an overall increase in the average time to pay, with a peak in 2020 at 65 days. However, in the most recent period (2021-2023), there has been a decrease in the average time to pay, reaching its lowest point at 34 days in 2023.
Volatility Analysis
The volatility for CNBC (UK) LIMITED is relatively high, with fluctuations in all categories of invoice payments. The percentage of invoices paid within 30 days has ranged from 28% in 2019 to 77% in 2023. The percentage of invoices paid between 31 and 60 days has also fluctuated, ranging from 17% in 2023 to 47% in 2020. The highest volatility is seen in the percentage of invoices paid later than 60 days, with a range of 11% in 2023 to 28% in 2019.
Summary Analysis
From 2018 to 2023, CNBC (UK) LIMITED has seen a decrease in the average time to pay invoices, with a peak in 2020 at 65 days and a low point in 2023 at 34 days. The percentage of invoices paid within 30 days has also increased over this period, reaching its highest point at 77% in 2023. However, there has been volatility in all categories of invoice payments, with fluctuations in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. The highest percentage of invoices paid later than 60 days was 28% in 2019, and the lowest was 11% in 2023.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The most common payment terms of invoices paid in the period are net 30 days, from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Vendors classified as Freelancer are assign 14 days as payment terms.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes are resolved with the claimant by negotiation involving the business, accounts payable and NBCU Business lead counsel, and if required litigation counsel will be contacted.
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
