The data shows that DENTSU UK LIMITED has consistently maintained an average time to pay of around 60 days from 2018-2021. However, there was a slight decrease in the average time to pay in 2019 (58 days) and 2021 (60 days) compared to 2020 (62 days). This suggests that the company may have improved their payment processes in these periods.
The data for DENTSU UK LIMITED shows low volatility in their average time to pay, with only a 2-day difference between the highest (62 days) and lowest (60 days) average time to pay. This suggests that the company has a consistent payment process in place.
| 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 2021 - 31 Dec 2021 | 17 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 02 Jul 2021 | 60 | 43% | 37% | 20% | 22% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 62 | 42% | 38% | 20% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 60 | 40% | 40% | 20% | 20% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 62 | 42% | 38% | 20% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 58 | 44% | 41% | 15% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 30 | 48% | 32% | 20% | 38% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 62 | 42% | 38% | 20% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We are a media agency and our payment terms are end of month following the month of activity not the invoice date. TV suppliers are paid on the 25th of each month for the previous months airtime
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
60
Invoice queries are raised with our buyers within the 2nd week of the month as per our reconciliation process and the supplier is notified. These should be resolved in time for the month end payment run unless a credit is due from the vendor or further investigation is necessary and more information is required.
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
This company, registered as Dentsu Aegis London Limited, now trades under the name Dentsu UK Limited according to Companies House records. Its registered business activity is that of an advertising agency, falling under the marketing, branding and advertising industry classification. As part of the wider Dentsu group structure, it operates within the UK advertising and marketing sector. No detailed description of specific services or client work is available from the supplied evidence, but its formal SIC classification confirms its role as an advertising agency rather than a manufacturing, retail or holding entity. The company remains active, having been incorporated in 1985 and continuing to file annual accounts and confirmation statements.
Generated from the company's website and Companies House records. Sources: beta.companieshouse.gov.uk