ABBOTT MEAD VICKERS.BBDO LIMITED

Company Information

Company Number
01935786
Registered Address
Bankside 3 90-100 Southwark Street, London, England, SE1 0SW
Status
Active
Employee Count
267
Turnover
£45,661,000
EBITDA
£9,187,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 August 1985
Nature of Business
73110 - Advertising agencies
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
18 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
87%
31-60 Days
10%
After 60 Days
3%
Not Paid Within Terms40%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202419 Feb 20251885%14%1%35%
01 Jul 2023 - 31 Dec 202328 Feb 20241890%9%3%42%
01 Jan 2023 - 30 Jun 202331 Jul 20231887%10%3%40%
01 Jan 2022 - 01 Jul 202228 Jul 20221588%10%2%37%
01 Jul 2021 - 31 Dec 202128 Jan 20221790%8%2%35%
01 Jan 2020 - 30 Jun 202030 Jul 20201993%3%4%38%
01 Jan 2018 - 30 Jun 201830 Jul 20181785%14%1%23%

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 from invoice date

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

All invoices are approved by purchase order generators and they will be queried as required Any escalations are then referred to project owners for resolution Invoices are only settled once approved

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

Abbott Mead Vickers.BBDO Limited is a leading advertising and marketing agency based in London, United Kingdom. They specialize in creating innovative and effective campaigns for their clients across various industries.

The company was founded in 1977 and has since grown to become one of the largest advertising agencies in the UK. They are part of the global advertising network, BBDO, and are known for their creative and strategic approach to advertising.

In terms of sustainability, Abbott Mead Vickers.BBDO has a strong commitment to reducing their environmental impact. They have implemented various initiatives such as reducing their carbon footprint, using sustainable materials in their campaigns, and promoting responsible consumption in their work.

Their products and services include advertising, brand strategy, digital marketing, and public relations. They have worked with many high-profile clients, including Mars, Pepsi, and Guinness, to create successful campaigns that have made a lasting impact.

Some key people at Abbott Mead Vickers.BBDO include Sarah Golding, the CEO, and Ian Pearman, the Chief Executive Officer. Both have extensive experience in the advertising industry and have led the company to numerous awards and recognition.

For more information on their services and clients, you can visit their website at www.amvbbdo.com. Their registered office address is at 151 Marylebone Road, London, NW1 5QE, United Kingdom.

In summary, Abbott Mead Vickers.BBDO Limited is a leading advertising agency with a strong commitment to sustainability. They offer a range of services to their clients and have a talented team of professionals leading the company. With a track record of success and a strong focus on sustainability, they continue to be a top choice for businesses looking to promote their brands.

Financial Metrics

Cash
£5,525
Net Worth
£12,645,095
Total Current Assets
£37,314,222
Total Current Liabilities
£24,128,478

Company Location