WEBER SHANDWICK INTERNATIONAL LTD
Company Information
- Company Number
- 02258441
- Registered Address
- 1 Radian Court, Knowlhill, Milton Keynes, MK5 8PJ
- Status
- Liquidation
- Employee Count
- 0
- Turnover
- £155,000
- EBITDA
- £24,000
Additional Details
- Website
- https://webershandwick.com
- Company Type
- Private limited Company
- Incorporated On
- 16 May 1988
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows a consistent trend of improvement in the average time taken for WEBER SHANDWICK INTERNATIONAL LTD to pay invoices to suppliers. From 2018 to 2021, there has been a steady decrease in the average time, going from 20 days in the first period to only 1 day in the last period. This indicates a positive trend towards prompt payment to suppliers.
Volatility Analysis
The data also shows a low volatility in the percentage of invoices paid within 30 days and between 31 and 60 days. In the last three periods, the percentage of invoices paid within 30 days has consistently remained at 100%, while the percentage of invoices paid between 31 and 60 days has remained relatively stable at around 0-12%. However, there has been some volatility in the percentage of invoices paid later than 60 days, with a high of 56% in the sixth period but dropping back down to 0% in the seventh period.
Summary Analysis
In the last three periods, WEBER SHANDWICK INTERNATIONAL LTD has shown significant improvements in its payment behavior. The average time taken to pay invoices has decreased from 21 days in the second period to only 1 day in the seventh period. There has also been a consistent focus on paying invoices within 30 days, with a 100% rate in all three periods.
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 2021 - 30 Jun 2021 | 14 Jul 2021 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 11 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 10 Jul 2020 | 25 | 44% | 56% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 10 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 16 | 88% | 12% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 16 Jan 2019 | 21 | 75% | 17% | 8% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 16 Jul 2018 | 20 | 100% | 0% | 0% | 0% |
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 is based on vendor category, ranges from Payable Upon Receipt to Net 52.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
52
Dispute Resolution Process
This is handled on a case by case basis, starting with our accounts payable department with escalation to the CFO.
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
Weber Shandwick International Ltd is a global public relations and communications firm that offers a wide range of services to clients across various industries. The company was founded in 2001 and is headquartered in London, United Kingdom.
The company's sustainability program, called "Impact by Weber Shandwick," focuses on minimizing the company's environmental impact, promoting diversity and inclusion within the organization, and supporting local communities. This program includes initiatives such as reducing carbon emissions, promoting sustainable practices in the workplace, and partnering with non-profit organizations.
Weber Shandwick International Ltd offers a variety of services to its clients, including public relations, digital and social media, crisis management, and brand reputation management. They also provide strategic communications counseling and media relations services.
The company is led by its CEO, Gail Heimann, who has been with the company since 1996. Other key executives include Chief Operating Officer, Andy Polansky, and Chief Financial Officer, Kevin Bell.
The company's website, www.webershandwick.com, provides a comprehensive overview of their services, client portfolio, and news updates. Their registered office address is 2 Waterhouse Square, 140 Holborn, London EC1N 2AE, United Kingdom.
In summary, Weber Shandwick International Ltd is a leading global communications firm with a strong focus on sustainability and a diverse range of services to cater to their clients' needs. With a team of experienced professionals and a commitment to making a positive impact, the company continues to thrive in the competitive PR industry.
