GRASS VALLEY BROADCAST SOLUTIONS LIMITED

Company Information

Company Number
02017053
Registered Address
12 Queen Eleanor House, Kingsclere Park, Kingsclere, Hampshire, United Kingdom, RG20 4SW
Status
Active
Employee Count
85
Turnover
£26,188,000
EBITDA
£2,202,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 May 1986
Nature of Business
46520 - Wholesale of electronic and telecommunications equipment and parts
Industries
Supply Chain
Region
South East

Time to Pay

Average Time to Pay
12 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
89%
31-60 Days
9%
After 60 Days
2%
Not Paid Within Terms92%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201921 Oct 20191289%9%2%92%

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

The Business does not have Standard payment terms; the most frequently used terms are 30 days net

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

Dispute Resolution Process

For any disputes or queries concerning payments, suppliers should address all enquiries in the first instance, through to the Accounts Payable Team at grassvalley.invoices@belden.com, or alternatively, to call the Accounts Payable Team on 0031-77-3878 363. The Accounts Payable Team will then be able to acknowledge the dispute or query, and revert back to the supplier with an update as quickly as possible, after checking their internal systems, and if required, after liaising with other internal departments – to hopefully provide a swift resolution for all parties. Timescales of a full resolution would depend on the complexity and nature of the dispute or query, but the Accounts Payable Team will respond back on the initial query email, or telephone call, on receipt thereof.

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

GRASS VALLEY BROADCAST SOLUTIONS LIMITED is a leading provider of broadcast and media technology solutions, specializing in production, playout, and content distribution. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes the use of energy-efficient products, recycling and waste reduction measures, and the promotion of eco-friendly practices within their workforce. Additionally, they offer sustainable solutions for their customers, such as virtualized production and cloud-based content delivery, to help reduce carbon footprint and operational costs.

GRASS VALLEY BROADCAST SOLUTIONS LIMITED has a wide range of products and services, including cameras, production switchers, servers, and control systems, to cater to the needs of broadcasters and media companies. They also offer consulting services and technical support to help their clients optimize their workflow and operations.

The key people at GRASS VALLEY BROADCAST SOLUTIONS LIMITED include Marco Lopez, the CEO, and Tim Shoulders, the President. Both bring a wealth of experience and expertise in the broadcasting industry, driving the company towards innovation and growth.

The company's website address is https://www.grassvalley.com/, where customers can find more information about their products and services, as well as access technical support and resources. Their registered office address is 111 West Ocean Blvd, Suite 1630, Long Beach, CA 90802, USA, with offices and operations in various locations worldwide.

In summary, GRASS VALLEY BROADCAST SOLUTIONS LIMITED is a reputable company in the broadcast and media industry, known for its commitment to sustainability, innovative products and services, and experienced leadership. Their customer-centric approach and dedication to environmental responsibility make them a top choice for broadcast technology solutions.

Financial Metrics

Cash
£2,304,580
Net Worth
£1,884,295
Total Current Assets
£19,993,484
Total Current Liabilities
£28,100,898

Company Location