TURNER BROADCASTING SYSTEM EUROPE LIMITED
Company Information
- Company Number
- 01927955
- Registered Address
- 160 Old Street, London, England, EC1V 9BW
- Status
- Active
- Employee Count
- 423
- Turnover
- £276,134,000
- EBITDA
- £130,895,000
Additional Details
- Website
- https://boomerangtv.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 2 July 1985
- Nature of Business
- 59113 - Television programme production activities59133 - Television programme distribution activities60200 - Television programming and broadcasting activities63120 - Web portals
- Industries
- Digital Entertainment, Media And Publishing
- 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 2025 - 30 Jun 2025 | 23 Jul 2025 | 53 | 24% | 54% | 22% | 52% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 45 | 23% | 54% | 23% | 56% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 41 | 36% | 44% | 20% | 61% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 43 | 29% | 53% | 18% | 80% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Jul 2023 | 37 | 35% | 56% | 9% | 81% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 36 | 35% | 60% | 5% | 58% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jan 2022 | 38 | 27% | 68% | 5% | 65% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 39 | 35% | 55% | 10% | 61% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Feb 2020 | 34 | 44% | 48% | 8% | 52% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 24 | 64% | 35% | 2% | 33% |
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
Standard payment terms are 60 days from the date of invoice. Notwithstanding the standard payment terms described above, the company may agree different payment terms with individual suppliers on a case-by-case basis and as appropriate. Shorter payment terms than the standard have been agreed with respect to various contracts within the reporting period.
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
Dispute resolution process Escalation process for disputed invoices Turner Broadcasting System Europe Limited Primary Requirements: Turner Broadcasting System Europe Limited (“TBSEL”) operates a purchase order policy. TBSEL reserves the right to reject invoices directly back to suppliers if, where applicable, they are not accompanied by a valid PO number. Where a PO has been issued by TBSEL, accompanying invoices should not exceed the value of the PO. Internal stakeholders raise requests for new suppliers via Procurement. Applications are filtered to determine whether existing alternatives exist, or whether tendering / benchmarking is required. A New Supplier Pack is sent to the potential provider, complete with standard MSA, banking request details, a COI and GDPR form. Suppliers are then loaded into PeopleSoft to enable POs to be raised. Where to send your invoices to: All invoices should be sent by e-mail to Turner Broadcasting System Europe accounts payable team. Our e-mail address is ap.london@wbd.com For regional specific invoices please refer to the e-mail address on your purchase order. Who to Contact: For regional specific invoices please e-mail all enquiries to the contact details on your purchase order. Our standard payment terms: Our standard supplier payment terms are 60 days from date of invoice. For payment and invoice enquiries please call the accounts payable helpdesk. The helpdesk will be able to advise on all payment or invoice enquiries. Our escalation process: Any invoices that TBSEL dispute will be returned by your business point of contact with a full explanation of the dispute. This is the person who you are working with to supply goods and services to TBSEL. Any invoice or payment enquiries/disputes which are not fully resolved to your satisfaction, can, in turn, be escalated to: 1. Your business point of contact. This is the member of Turner Broadcasting that you are working with to provide the goods and services to our business. 2. The accounts payable team. The accounts payable team will escalate any invoice or payment dispute accordingly to the relevant point of contact. Contact the team at ap.london@wbd.com 3. The EMEA accounts payable manager: Przemyslaw Smigielski - przemyslaw.smigielski@wbd.com
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
Company Summary
TURNER BROADCASTING SYSTEM EUROPE LIMITED is a leading media company that operates a variety of television channels in Europe, including CNN International, Cartoon Network, and TNT. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
In terms of products and services, TURNER BROADCASTING SYSTEM EUROPE LIMITED offers a wide range of entertainment options for viewers, including news, sports, and cartoons. The company is constantly innovating and expanding its offerings to meet the changing demands of its audience.
The key people at TURNER BROADCASTING SYSTEM EUROPE LIMITED include Giorgio Stock, President of Turner EMEA, and Hannes Heyelmann, Senior Vice President and Managing Director of Turner Central and Eastern Europe. Both are highly experienced and have played a crucial role in the company's success.
As part of its sustainability efforts, TURNER BROADCASTING SYSTEM EUROPE LIMITED has implemented energy-saving measures in its offices and production facilities, reduced its carbon footprint, and promotes recycling and waste reduction. The company also supports various charitable organizations and encourages its employees to volunteer in their local communities.
The registered office address of TURNER BROADCASTING SYSTEM EUROPE LIMITED is Turner House, 16 Great Marlborough Street, London, W1F 7HS, United Kingdom. The company's website is www.turner.com and it can be contacted through the website or via email at info@turner.com. Overall, TURNER BROADCASTING SYSTEM EUROPE LIMITED is a leading media company that not only provides top-quality entertainment, but also strives to make a positive impact on the environment and society.
