| 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 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.
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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.
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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?
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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 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.