Score of 82.3/100 qualifies for PaymentCheck Certification
The data for LIVE NATION (MUSIC) UK LIMITED shows a general improvement in the average time taken to pay invoices over the past three years. In 2018, the average time to pay was 30 days, which decreased to 20.5 days in 2023. However, there was a slight increase in 2020 and 2021, with the average time to pay being 39 days and 55 days respectively. This could indicate potential cash flow issues during those periods.
The data also shows some volatility in the percentage of invoices paid within 30 days. This percentage ranged from 61% in 2020 to 87% in 2022. There is also some volatility in the percentage of invoices paid later than 60 days, which ranged from 2% in 2022 and 2023 to 22% in 2020.
| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 21 | 83% | 14% | 3% | 36% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 23 | 80% | 18% | 2% | 40% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 22 | 83% | 14% | 3% | 39% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Aug 2024 | 23 | 80% | 19% | 1% | 38% |
| 01 Jul 2023 - 31 Dec 2023 | 06 Feb 2024 | 20 | 82% | 16% | 2% | 45% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 21 | 84% | 14% | 2% | 45% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 21 | 87% | 11% | 2% | 50% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 23 | 83% | 15% | 2% | 50% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 55 | 65% | 19% | 16% | 61% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 62 | 61% | 17% | 22% | 68% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 39 | 62% | 27% | 11% | 55% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 27 | 75% | 21% | 4% | 46% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 24 | 79% | 18% | 3% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 25 | 78% | 17% | 5% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 30 | 74% | 18% | 8% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
N/A
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
Live Nation (Music) UK Limited seeks to resolve any queries and disputes on a timely basis. The supplier's point of contact within Live Nation (Music) UK Limited would resolve any invoicing disputes with the supplier directly.
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
LIVE NATION (MUSIC) UK LIMITED is an active private limited company, incorporated on 1 August 1989, based in the London region. Registered business activity: Performing arts; Support activities to performing arts; Operation of arts facilities.
From Companies House records.