UNIVERSAL MUSIC GROUP INTERNATIONAL LIMITED
Company Information
- Company Number
- 01778189
- Registered Address
- 4 Pancras Square, London, United Kingdom, N1C 4AG
- Status
- Active
- Employee Count
- 0
- Turnover
- £63,331,000
- EBITDA
- £6,095,000
Additional Details
- Website
- https://umusic.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 15 December 1983
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 30 Jun 2024 | 26 Jul 2024 | 41 | 55% | 30% | 15% | 45% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 39 | 60% | 27% | 13% | 40% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 40 | 51% | 31% | 18% | 49% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 44 | 54% | 29% | 17% | 46% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 44 | 54% | 30% | 17% | 46% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 20 | 82% | 8% | 11% | 49% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 45 | 40% | 45% | 15% | 60% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 50 | 35% | 45% | 20% | 65% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 59 | 38% | 44% | 18% | 65% |
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
30 days
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
90
Dispute Resolution Process
THE DESIGNATED ACCOUNTS PAYABLE TEAM CONTINUE TO ASSIST AND SUPPORT OUR SUPPLIERS . QUERIES AND DISPUTES ARE DIRECTED TO THE RELEVANT BUSINESS UNIT FOR ESCALATION AND RESOLUTION.
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
Universal Music Group International Limited (UMGI) is a global music company that operates as a subsidiary of Universal Music Group. Based in London, UK, UMGI is responsible for the management, marketing, and distribution of Universal Music Group's recorded music and music publishing operations outside of the United States.
UMGI represents a diverse range of artists and genres, including some of the biggest names in the music industry such as Taylor Swift, Billie Eilish, and The Beatles. The company works with over 60 labels and has a presence in more than 60 countries worldwide.
In addition to their music business, UMGI also has a strong focus on sustainability. The company has implemented initiatives to reduce their environmental impact, such as using renewable energy sources and promoting recycling and waste reduction practices. They also prioritize ethical and responsible sourcing of materials for their physical products.
UMGI's products and services include the production and distribution of music in various formats, including physical (CDs, vinyl) and digital (streaming, downloads). They also offer artist management, marketing, and branding services to support their artists' careers.
The key people at UMGI include the Chairman and CEO, David Joseph, and the President, Adam Granite. They lead a team of talented executives and employees who are committed to delivering high-quality music and sustainable practices.
For more information on UMGI and their services, visit their website at https://www.umusic.co.uk/. Their registered office address is 4 Pancras Square, London, N1C 4AG, United Kingdom.
