| 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 2019 - 30 Jun 2019 | 09 Oct 2019 | 57 | 52% | 26% | 22% | 76% |
| 01 Jul 2018 - 31 Dec 2018 | 11 Jan 2019 | 57 | 52% | 26% | 22% | 68% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 66 | 52% | 18% | 30% | 51% |
This information is as reported by the business, and responses are in their own words.
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
It is usually resolved by the person who ordered the goods/services.
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
Globecast UK Limited is registered in England with a stated business activity of satellite telecommunications, falling under the films and TV industries category. It was incorporated in 1990 and has traded under several previous names, including 618th Shelf Trading Company Limited, Maxwell Satellite Communications Limited, Maxat Limited and Globecast Northern Europe Ltd, before adopting its current name. Companies House records show Globecast Holding as a person with significant control, indicating the company operates as part of a wider corporate group rather than as an independent trading business. The company remains active, filing accounts and confirmation statements up to 2025, with its registered office in London.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk