| 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 2025 - 30 Jun 2025 | 21 Jul 2025 | 28 | 59% | 21% | 20% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 09 Jan 2025 | 34 | 50% | 32% | 18% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 30 | 64% | 18% | 18% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 34 | 50% | 32% | 18% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 26 | 58% | 36% | 6% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 24 | 62% | 36% | 2% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 34 | 61% | 36% | 3% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Jan 2022 | 24 | 57% | 41% | 2% | 86% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 50 | 29% | 69% | 2% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 27 | 55% | 44% | 2% | 28% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 28 | 59% | 26% | 15% | 56% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 33 | 64% | 15% | 21% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 2 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard Payment terms are 50 days as per Thomson Reuters Purchasing policy. Most common payment terms that set up with the vendors as 0 days, 30 days and 50 days with the suppliers as per the contractual agreements during the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
There is a dedicated P2P Helpdesk team that the vendors can reach out to with regards to their queries related to invoice/payment status or any other Accounts Payable related queries. The queries can be submitted through a supplier portal link and the supplier be notified with an auto response containing the ticket number for tracking purposes. The queries are responded to within 24-48 hours time frame & resolution is provided as agreed with the supplier.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Reuters News & Media Limited is a UK registered company whose stated business activity is news agency operations. It has been incorporated since 1990 and has traded previously under several names, including AFP/Extel News Limited, AFX News Limited and Thomson Financial News Limited, before adopting its current name in 2018. Its registered office is at the Canary Wharf address associated with the Thomson Reuters group, indicating it operates as part of that wider group rather than as an independent publisher. No further detail on specific products, output volumes or client base is available from the evidence supplied, beyond its classification as a news agency.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · thegazette.co.uk