PHD MEDIA LIMITED
Company Information
- Company Number
- 02423952
- Registered Address
- Bankside 3 90-100 Southwark Street, London, England, SE1 0SW
- Status
- Active
- Employee Count
- 372.0
- Turnover
- 42364000.0
- EBITDA
- 4407000.0
Additional Details
- Website
- https://phd.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 19 September 1989
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Professional Services
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 55 | 21% | 59% | 20% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 55 | 19% | 62% | 19% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 55 | 23% | 59% | 18% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Jul 2022 | 54 | 19% | 58% | 23% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 48 | 30% | 55% | 15% | 29% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 51 | 21% | 63% | 16% | 53% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 62 | 31% | 49% | 20% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 80 | 10% | 49% | 41% | 53% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 67 | 10% | 56% | 34% | 57% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Dec 2019 | 62 | 16% | 55% | 29% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 12 Dec 2019 | 64 | 13% | 54% | 33% | 65% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 64 | 26% | 38% | 36% | 69% |
Company Summary
PHD Media Limited is a global media and communications agency that offers a range of services to help businesses reach their target audiences effectively
The company was founded in 1990 and has its headquarters in London, United Kingdom
The company's main activities include media planning and buying, digital advertising, social media marketing, content creation, and data analytics
They work with a diverse range of clients from various industries, such as technology, retail, and entertainment
PHD Media Limited also has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact
They have set a goal to be carbon neutral by 2025 and have implemented practices such as using renewable energy and reducing paper usage
One of the key products of PHD Media Limited is their proprietary planning tool, Source
This tool helps clients to make data-driven decisions and optimize their media strategies
They also offer customized solutions for clients, tailored to their specific needs and goals
The company is led by a team of experienced professionals, including CEO Philippa Brown and Global Chief Strategy Officer Mark Holden
They have a global presence with offices in over 80 countries
For more information on PHD Media Limited and their services, you can visit their website at www.phdmedia.com
Their registered office address is 1 Paris Garden, London, SE1 8ND, United Kingdom
Company Review
Trend Analysis
The average time taken for PHD MEDIA LIMITED to pay invoices has been fluctuating between 51 to 80 days over the past three periods. The percentage of invoices paid within 30 days has also been fluctuating between 10 to 31%, while the percentage of invoices paid between 31 and 60 days has been consistently around 49 to 63%. However, there has been a decrease in the percentage of invoices paid later than 60 days, from 36% in the first period to 15% in the latest period. This suggests that the company has been improving in paying invoices on time.
Volatility Analysis
The volatility in the average time taken to pay invoices has been relatively high, with the range being 51 to 80 days. The volatility in the percentage of invoices paid within 30 days has also been high, with the range being 10 to 31%. However, the volatility in the percentage of invoices paid later than 60 days has been decreasing, with the range being 36% to 15% over the past three periods.
Summary Analysis
In the latest period, from January 2023 to June 2023, PHD MEDIA LIMITED has an average time to pay invoices of 55 days. This is a decrease from the previous period, where the average time to pay was 62 days. The percentage of invoices paid within 30 days has also increased from 21% to 30%, while the percentage of invoices paid later than 60 days has decreased from 20% to 19%. In the previous two periods, the company had a higher percentage of invoices paid later than 60 days, with the highest being 36% in the first period. This suggests that the company has been improving in paying invoices on time and reducing the number of late payments.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
end of the month following the appearance of media
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
60
Dispute Resolution Process
the query is passed to the buyer who booked the media to resolve the dispute with the supplier
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