Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 30 Jun 2025 | 29 Jul 2025 | 39 | 48% | 41% | 11% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 38 | 47% | 43% | 10% | 29% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 39 | 45% | 48% | 7% | 30% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 39 | 49% | 44% | 7% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 40 | 42% | 48% | 10% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 36 | 48% | 45% | 7% | 31% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 34 | 52% | 43% | 5% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 33 | 51% | 45% | 4% | 23% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 35 | 52% | 43% | 5% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 35 | 52% | 43% | 5% | 27% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | 38 | 49% | 45% | 7% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 33 | 53% | 41% | 6% | 27% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 32 | 55% | 40% | 5% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 28 | 63% | 34% | 3% | 30% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 26 | 62% | 35% | 2% | 28% |
| 03 Jul 2017 - 31 Dec 2017 | 13 Feb 2018 | 23 | 68% | 31% | 1% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
News UK & Ireland Limited shall pay the undisputed valid VAT invoice within 35 days of the end of the month in which a valid invoice is received.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
News UK & Ireland Limited is the principal contracting and paying company in the News UK Group. The significant majority of suppliers contracting with News UK are required to agree to the News UK & Ireland Limited standard terms and conditions, which include the payment terms to which News UK will adhere. All purchase orders are issued in the name of News UK & Ireland Limited. There are very few contracts which involve a different News UK entity from News UK & Ireland Limited. Even where such contracts are in force, the responsibility for negotiating and making payments in respect of these companies to third party suppliers rests with News UK & Ireland Limited, and all invoices from suppliers are presented to News UK & Ireland. We believe that a sole report in respect of the principal News UK paying entity provides the most fair and accurate summary of what payment terms suppliers can expect when contracting with News UK.
Maximum contractual payment period agreed
35
The Accounts Payable team will liaise with a vendor directly if there is a query on the invoice. Appropriate business units are also involved if required.
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
NEWS UK & IRELAND LIMITED is an active private limited company, incorporated on 7 March 1985, based in the London region. Registered business activity: Other business support service activities not elsewhere classified.
From Companies House records.