GLOBECAST UK LIMITED

Company Information

Company Number
02534039
Registered Address
200 Grays Inn Road, London, WC1X 8XZ
Status
Active
Employee Count
108
Turnover
£44,823,000
EBITDA
£2,126,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 August 1990
Nature of Business
61300 - Satellite telecommunications activities
Industries
Digital Entertainment, Media And Publishing
Region
London

Time to Pay

Average Time to Pay
57 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
52%
31-60 Days
26%
After 60 Days
22%
Not Paid Within Terms76%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-10-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201909 Oct 20195752%26%22%76%
01 Jan 2018 - 30 Jun 201830 Jul 20186652%18%30%51%

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

Most of the vendors offer 30-day payment terms. Some of the smaller companies offer 14-day payment terms. There are a few other vendors agreed with other payment terms, for example 60 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

We do settle inter-company invoices periodically.

Maximum contractual payment period agreed

60

Dispute Resolution Process

It is usually resolved by the person who ordered the goods/services.

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

GLOBECAST UK LIMITED is a leading global provider of content management and distribution services, offering a variety of products and services to broadcasters, media companies, and other clients around the world. The company is committed to sustainability and has implemented various initiatives to minimize its environmental impact.

Their sustainability program includes measures such as using energy-efficient equipment, reducing waste and carbon emissions, and promoting recycling and responsible sourcing. They also work closely with their clients to ensure responsible and sustainable practices throughout the content management and distribution process.

GLOBECAST UK LIMITED offers a range of products and services, including satellite and fiber-based content delivery, OTT and streaming solutions, and digital media management. They also provide remote production services, enabling clients to produce live events from anywhere in the world.

The company has a team of experienced and knowledgeable professionals, including their CEO, David Justin, who has over 20 years of experience in the media and broadcast industry. The team is dedicated to providing high-quality services and maintaining strong relationships with their clients.

Contact information for GLOBECAST UK LIMITED can be found on their website, including their registered office address in London. Their website also provides more detailed information about their services, sustainability program, and key personnel. Overall, GLOBECAST UK LIMITED is a reputable and sustainable company, offering a wide range of products and services to meet the evolving needs of the media industry.

Financial Metrics

Cash
£1,465,964
Net Worth
£12,335
Total Current Assets
£15,728,800
Total Current Liabilities
£20,541,403

Company Location