Score of 86.43/100 qualifies for PaymentCheck Certification
| 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 2024 - 31 Dec 2024 | 19 Feb 2025 | 18 | 85% | 14% | 1% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Aug 2024 | 17 | 89% | 8% | 3% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 28 Feb 2024 | 18 | 90% | 9% | 3% | 42% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 18 | 87% | 10% | 3% | 40% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 18 | 89% | 9% | 2% | 38% |
| 01 Jan 2022 - 01 Jul 2022 | 28 Jul 2022 | 15 | 88% | 10% | 2% | 37% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 17 | 90% | 8% | 2% | 35% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 22 | 83% | 11% | 4% | 36% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 17 | 90% | 6% | 4% | 36% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 19 | 93% | 3% | 4% | 38% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 13 | 93% | 6% | 1% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 11 | 97% | 2% | 1% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 17 | 85% | 14% | 1% | 23% |
This information is as reported by the business, and responses are in their own words.
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
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.
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
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.
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