REUTERS NEWS & MEDIA LIMITED
Company Information
- Company Number
- 02505735
- Registered Address
- Five Canada Square, Canary Wharf, London, United Kingdom, E14 5AQ
- Status
- Active
- Employee Count
- 912
- Turnover
- £240,517,000
- EBITDA
- £39,907,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 May 1990
- Nature of Business
- 63910 - News agency activities
- Industries
- Creative,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 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 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% |
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 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
Dispute Resolution Process
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.
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
REUTERS NEWS & MEDIA LIMITED is a leading news and media company based in the United Kingdom. They provide high-quality news, data, and analysis to businesses and individuals around the world.
The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, minimizing waste, and promoting sustainable practices within the organization.
REUTERS NEWS & MEDIA LIMITED offers a wide range of products and services, including news articles, videos, and data analytics. They cover a variety of topics such as business, finance, politics, and sports. Their news is delivered through multiple platforms, including their website, mobile app, and social media channels.
The company's key people include Michael Friedenberg, the President and CEO, and Alessandra Galloni, the Editor-in-Chief. They lead a team of experienced journalists and media professionals who are dedicated to delivering accurate and unbiased news.
For more information about their products and services, customers can visit their website at www.reuters.com. The registered office address for REUTERS NEWS & MEDIA LIMITED is 30 South Colonnade, Canary Wharf, London E14 5EP, United Kingdom.
In summary, REUTERS NEWS & MEDIA LIMITED is a reputable news and media company that is committed to sustainability and providing reliable and insightful news to their global audience. With a strong team of leaders and a wide range of products and services, they continue to be a trusted source of information for businesses and individuals worldwide.
