ZENITH UK MEDIA LIMITED
Company Information
- Company Number
- 01921320
- Registered Address
- 1st Floor 2 Television Centre, 101 Wood Lane, London, England And Wales, United Kingdom, W12 7FR
- Status
- Active
- Employee Count
- 516.0
- Turnover
- 64695000.0
- EBITDA
- 16394000.0
Additional Details
- Website
- https://www.zenithmedia.com/
- Company Type
- Private limited Company
- Incorporated On
- 11 June 1985
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Professional Services
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 38 | 51% | 34% | 15% | 42% |
| 01 Jan 2022 - 30 Jun 2023 | 31 Jul 2023 | 39 | 44% | 42% | 14% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 41 | 44% | 41% | 15% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 40 | 52% | 36% | 13% | 36% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 54 | 34% | 32% | 34% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 40 | 51% | 35% | 14% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 46 | 46% | 30% | 24% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 41 | 49% | 31% | 20% | 41% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 53 | 41% | 36% | 23% | 46% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 58 | 41% | 35% | 24% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 58 | 41% | 29% | 30% | 52% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 38 | 54% | 37% | 9% | 73% |
Company Summary
ZENITH UK (MEDIA) LIMITED is a media company based in the United Kingdom
It offers a range of services including media planning, buying, and digital marketing
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact
The company's sustainability program includes using renewable energy sources, reducing waste and promoting recycling, and implementing green procurement practices
They also have a carbon offsetting scheme to offset their carbon emissions
ZENITH UK (MEDIA) LIMITED offers a wide range of products and services to its clients, including media planning and buying for print, TV, radio, and digital media
They also provide strategic consultancy services, market research, and data analytics to help clients optimize their advertising campaigns
Some key people at ZENITH UK (MEDIA) LIMITED include their CEO, who oversees the company's operations and sets its strategic direction, and the managing director, who leads the company's day-to-day activities
The company also has a team of experienced media planners and buyers who work closely with clients to develop effective advertising strategies
For more information about ZENITH UK (MEDIA) LIMITED and its services, you can visit their website at www.zenithuk.com
Their registered office address is 40 Strand, London, WC2N 5RW, United Kingdom
Company Review
Trend Analysis
The trend analysis for ZENITH UK (MEDIA) LIMITED shows a fluctuating pattern in their average time to pay invoices. From 2018 to 2020, there was a steady decrease in the average time to pay, reaching a low of 41 days in the first half of 2020. However, in the second half of 2020, there was a sudden increase to 46 days, followed by a slight decrease in the first half of 2021, and then another increase to 54 days in the second half of 2021. This trend suggests that the company has struggled to maintain consistency in their payment processes.
Volatility Analysis
The volatility analysis for ZENITH UK (MEDIA) LIMITED shows a high level of volatility in their payment process. This is evident in the significant changes in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. There is also a fluctuation in the average time to pay, with a difference of 20 days between the lowest and highest points. This volatility could indicate inconsistent payment practices or external factors affecting the company's ability to pay on time.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The supplier shall invoice the Company at the invoicing address set out on the purchase order and the Company’s terms of payment shall be 60 days following receipt of a valid invoice quoting the correct purchase order and job numbers for Goods and/or Materials delivered and/or Services performed to the Company’s reasonable satisfaction. The Company may set off against any sums due to the supplier whether under contract or otherwise any lawful set-off, counterclaim to which the Company may at any time be entitled. Agencies are able to amend the standard payment terms for their business needs, within the Vendor Master Data File.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any disputes in respect of supplier payments are resolved by contacting the Accounts Payable Team via our automatic ticketing support service, RVIC at the following link https://www.resourcesvendoric.com. The Accounts Payable department will then assist further with query and if applicable this may be escalated to the legal team
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.
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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
