WARNER MUSIC INTERNATIONAL SERVICES LIMITED
Company Information
- Company Number
- 02258593
- Registered Address
- Cannon Place, 78 Cannon Street, London, England, EC4N 6AF
- Status
- Active
- Employee Count
- 422
- Turnover
- £1,240,186,000
- EBITDA
- £19,329,000
Additional Details
- Website
- https://wmg.com
- Company Type
- Private limited Company
- Incorporated On
- 16 May 1988
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Human Resources, Recruitment And Admin, Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2025 - 30 Sept 2025 | 05 Nov 2025 | 31 | 57% | 25% | 18% | 36% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 34 | 52% | 29% | 19% | 43% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 38 | 52% | 25% | 23% | 46% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 45 | 38% | 29% | 33% | 44% |
| 01 Apr 2022 - 30 Sept 2022 | 30 Oct 2022 | 41 | 32% | 47% | 21% | 30% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 48 | 35% | 38% | 27% | 45% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 42 | 53% | 24% | 23% | 44% |
| 01 Apr 2019 - 31 Oct 2019 | 10 Nov 2019 | 41 | 66% | 21% | 13% | 54% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 44 | 52% | 29% | 19% | 69% |
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
All suppliers of goods and services are offered 30 day payment terms from the date of receipt of the invoice by the accounts payable team, except for other Warner Music Group companies, which have typical payment terms of 60 days. Shorter payment terms may be available by exception if agreed during the contract negotiation period. Invoices in nearly all cases will only be processed when they include reference to a valid purchase order number, invoices are then paid on weekly payment runs as they fall due.
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
Payment disputes are initially reported to Accounts Payable where a member of the team will investigate the dispute with the account relationship holder. When required the dispute will be escalated to the Accounts Payable Manager & Financial Controller. Once resolved the supplier will be paid in accordance with its payment terms or if the invoice is past its due date then on the next payment run.
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
Warner Music International Services Limited (WMISL) is a global music company that provides a wide range of services to artists, labels, and other entertainment entities. The company is a subsidiary of Warner Music Group and is headquartered in London, England.
WMISL offers services such as music licensing, distribution, marketing, and promotion to artists and labels worldwide. They also provide digital strategy, data analysis, and artist development services to help their clients succeed in the ever-changing music industry.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have set targets to reduce their carbon footprint, eliminate single-use plastics, and increase the use of renewable energy sources in their operations.
WMISL's products and services are diverse and cater to various genres of music. They have a strong presence in the streaming market and work with popular platforms such as Spotify, Apple Music, and Amazon Music. They also offer physical distribution services for CDs and vinyl records.
The key people at WMISL include Alfonso Perez-Soto, the President of Warner Music Latin America & Iberia, and Stu Bergen, the CEO of International and Global Commercial Services. Both have extensive experience in the music industry and bring a wealth of knowledge to the company.
The official website of WMISL is www.warnermusic.co.uk, where visitors can find information about their services, artists, and news updates. The registered office address is The Warner Building, 28 Kensington Church Street, London, W8 4EP, United Kingdom.
In conclusion, Warner Music International Services Limited is a leading player in the global music industry, offering a wide range of services to support artists and labels. Their commitment to sustainability and diverse product offerings make them a key player in the ever-evolving music landscape.
