TWENTIETH CENTURY FOX HOME ENTERTAINMENT LIMITED

PaymentCheck Score 2020
45Poor
New Entry
#4109 in UK
#182 in Creative
#298 in North West

Company Information

Company Number
01633880
Registered Address
C/O Bdo Llp 5 Temple Square, Temple Street, Liverpool, L2 5RH
Status
Liquidation
Employee Count
96
Turnover
£43,360,000
EBITDA
£2,800,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 May 1982
Nature of Business
59131 - Motion picture distribution activities
Industries
Digital Entertainment, Lifestyle And Entertainment, Media And Publishing
Region
North West

Time to Pay

Average Time to Pay
188 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
48%
31-60 Days
0%
After 60 Days
52%
Not Paid Within Terms71%

Payment Features

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

Company Review

Trend Analysis

The average time for TWENTIETH CENTURY FOX HOME ENTERTAINMENT LIMITED to pay invoices has significantly increased from 35 days in Jun 2019 to 188 days in Nov 2020.

Volatility Analysis

The volatility in TWENTIETH CENTURY FOX HOME ENTERTAINMENT LIMITED's payment behavior is evident from the drastic changes in the percentage of invoices paid within 30 days and those paid later than 60 days.

Summary Analysis

In the period from Jun 2019 to Nov 2020, there has been a significant increase in the average time taken by TWENTIETH CENTURY FOX HOME ENTERTAINMENT LIMITED to pay invoices, from 35 days to 188 days. This increase can be attributed to a decrease in the percentage of invoices paid within 30 days (69% to 48%) and an increase in the percentage of invoices paid later than 60 days (15% to 52%). The company also has a high percentage of invoices not paid within agreed terms (71%).

Performance Reports History

Reporting Period Filed: 2021-01-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2020 - 30 Nov 202026 Jan 202118848%0%52%71%
01 Dec 2019 - 31 May 202026 Jan 20214257%21%22%45%
01 Jun 2019 - 30 Nov 201926 Jan 20213569%16%15%52%

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 standard payment terms are 30 from date of supplier invoice. The standard payment terms for Sole Traders, Utilities, Equipment Rentals, Events & Production are 30 days.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

In December 2017, Twenty-First Century Fox Inc entered into a merger agreement with The Walt Disney Company. This undertaking was approved by the shareholders of both entities and completed on March 20th, 2019. Disney and Fox are currently working together to develop updated structures and business approaches.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Contact Fox Accounts Payable - AP.GB@foxinc.com. We attempt to respond to enquiries within 3 regular business days.

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

Twentieth Century Fox Home Entertainment Limited is a leading global entertainment company that specializes in the production, marketing, and distribution of movies and TV shows. They are committed to providing high-quality entertainment that engages and inspires audiences worldwide.

The company's sustainability program focuses on reducing their environmental impact by implementing energy-efficient practices, reducing waste, and promoting eco-friendly packaging. They also prioritize diversity and inclusion in their workforce and strive to create a positive impact in the communities they operate in.

Their range of products and services includes DVD and Blu-ray releases of popular movies and TV shows, digital downloads, streaming services, and merchandise. They also offer innovative technologies such as 4K Ultra HD and virtual reality experiences to enhance the viewing experience for their customers.

Key people at Twentieth Century Fox Home Entertainment Limited include Keith Feldman, the President of Worldwide Home Entertainment, and Jim Gianopulos, the Chairman and CEO. They are supported by a team of talented executives and employees who are dedicated to delivering exceptional entertainment experiences.

The company's website address is www.foxmovies.com and their registered office address is Twentieth Century Fox Home Entertainment Limited, 31-32 Soho Square, London, W1D 3AP, United Kingdom. Twentieth Century Fox Home Entertainment Limited continues to be a leader in the entertainment industry, providing top-notch content and upholding a strong commitment to sustainability.

Financial Metrics

Cash
£19,229,000
Net Worth
£24,007,000
Total Current Assets
£31,631,000
Total Current Liabilities
£7,236,000

Company Location