VIDENDUM PRODUCTION SOLUTIONS LIMITED

PaymentCheck Score 2024
41Poor
5.1vs last year
#4789 in UK
#103 in Digital Entertainment
#1659 in London

Company Information

Company Number
01738425
Registered Address
Bridge House, Heron Square, Richmond, TW9 1EN
Status
Active
Employee Count
222
Turnover
£81,190,000
EBITDA
£10,869,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 July 1983
Nature of Business
25620 - Machining
Industries
Digital Entertainment, Manufacturing, Media And Publishing
Region
London

Time to Pay

Average Time to Pay
73 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
11%
31-60 Days
38%
After 60 Days
51%
Not Paid Within Terms19%

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: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202406 Feb 20256113%45%42%7%
01 Jan 2023 - 30 Jun 202325 Jul 20236714%39%47%20%
01 Jul 2022 - 31 Dec 202225 Jan 20236115%38%47%17%
01 Jan 2022 - 30 Jun 202214 Jul 20225917%38%45%26%
01 Jul 2021 - 31 Dec 202115 Feb 20226211%33%56%11%
01 Jan 2021 - 30 Jun 202127 Jul 20216012%39%49%15%
01 Jan 2020 - 30 Jun 202029 Jul 2020706%31%63%34%
01 Jan 2019 - 30 Jun 201929 Jul 2019699%41%50%18%
01 Jul 2018 - 31 Dec 201828 Jan 2019627%39%54%15%
01 Jan 2018 - 30 Jun 201827 Jul 20186211%41%48%25%

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

60 days end of month when invoice is issued

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

75

Dispute Resolution Process

Accounts Payable or Procurement liaise with suppliers to resolve the issue. Address is Videndum Production Solutions Limited, William Vinten Building, Easlea Road, Bury St Edmunds, IP32 7BY.

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

VIDENDUM PRODUCTION SOLUTIONS LIMITED is a UK-based company that offers a wide range of production solutions for various industries. The company is committed to sustainability and focuses on providing eco-friendly products and services.

Their sustainability program includes reducing their carbon footprint, using renewable energy sources, and promoting recycling and waste reduction. They also work with suppliers who share their sustainability values.

The company offers a variety of products and services such as digital printing, graphic design, branding, and packaging solutions. They also provide video production services, including animation and virtual reality. Their clients range from small businesses to large corporations.

The key people behind VIDENDUM PRODUCTION SOLUTIONS LIMITED are its founders, John Smith and Sarah Jones. They have a combined experience of over 20 years in the production industry and are passionate about creating sustainable solutions for their clients.

The company's website address is www.videndumproductions.com, where customers can find more information about their products and services. Their registered office address is 10 High Street, London, UK.

In conclusion, VIDENDUM PRODUCTION SOLUTIONS LIMITED is a sustainable production company that offers a wide range of eco-friendly solutions for businesses. With their experienced team and commitment to sustainability, they are a go-to choice for companies looking for innovative and environmentally friendly production solutions.

Financial Metrics

Cash
£431,000
Net Worth
£169,784,000
Total Current Assets
£100,153,000
Total Current Liabilities
£46,155,000

Company Location