NEWS UK & IRELAND LIMITED

PaymentCheck Score 2025
63Fair
1.4vs last year
#2885 in UK
#12 in Creative
#1153 in London

Company Information

Company Number
01893198
Registered Address
1 London Bridge Street, London, SE1 9GF
Status
Active
Employee Count
1,003
Turnover
£97,917,000
EBITDA
£705,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 March 1985
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Creative, Media And Publishing, Human Resources, Recruitment And Admin, Marketing And Sales
Region
London

Time to Pay

Average Time to Pay
39 days
Shortest Period:7 days
Longest Period:35 days
Max Contractual:35 days

Payment Timeline

Within 30 Days
45%
31-60 Days
48%
After 60 Days
7%
Not Paid Within Terms30%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20253948%41%11%27%
01 Jan 2024 - 30 Jun 202430 Jul 20243945%48%7%30%
01 Jul 2023 - 31 Dec 202330 Jan 20243949%44%7%26%
01 Jan 2023 - 30 Jun 202326 Jul 20234042%48%10%29%
01 Jan 2022 - 30 Jun 202221 Jul 20223452%43%5%27%
01 Jul 2021 - 31 Dec 202125 Jan 20223351%45%4%23%
01 Jan 2021 - 30 Jun 202114 Jul 20213552%43%5%27%
01 Jul 2020 - 31 Dec 202020 Jan 20213552%43%5%27%
01 Jan 2019 - 30 Jun 201929 Jul 20193255%40%5%26%
01 Jul 2018 - 31 Dec 201831 Jan 20192863%34%3%30%
01 Jan 2018 - 30 Jun 201826 Jul 20182662%35%2%28%

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

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

No additional information

Maximum contractual payment period agreed

35

Dispute Resolution Process

he 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.

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

NEWS UK & IRELAND LIMITED is a leading media company in the United Kingdom and Ireland, providing news and entertainment through various platforms such as newspapers, digital media, and radio. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.

Their sustainability program includes using sustainable materials for their newspapers, reducing carbon emissions, and promoting recycling and waste reduction. They also have a dedicated team that focuses on sustainability and regularly reviews and improves their practices.

The company offers a range of products and services, including some of the most popular newspapers in the UK such as The Sun, The Times, and The Sunday Times. They also have a strong digital presence, with websites and apps for all their publications. In addition, they own several radio stations, including talkSPORT and Virgin Radio.

Some key people in NEWS UK & IRELAND LIMITED include Rebekah Brooks, the CEO, and Rupert Murdoch, the Executive Chairman. They have a team of experienced journalists and media professionals who strive to deliver high-quality content to their audience.

For any inquiries or information, NEWS UK & IRELAND LIMITED can be contacted through their website at www.news.co.uk or their registered office address at 1 London Bridge Street, London, SE1 9GF. The company continues to be a major player in the media industry, providing reliable news and entertainment to millions of people in the UK and Ireland.

Financial Metrics

Cash
£3,575,000
Net Worth
£172,625,000
Total Current Assets
£499,945,000
Total Current Liabilities
£327,320,000

Company Location