OCTAGON WORLDWIDE LIMITED

PaymentCheck Score 2025
99Excellent
vs last year
#140 in UK
#15 in Professional Services
#69 in London

Company Information

Company Number
02704128
Registered Address
135 Bishopsgate, London, England, EC2M 3AN
Status
Active
Employee Count
124
Turnover
£39,838,000
EBITDA
£5,153,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 April 1992
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
6 days
Shortest Period:1 days
Longest Period:52 days
Max Contractual:52 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms1%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202523 Jul 2025698%1%1%1%
01 Jul 2024 - 31 Dec 202422 Jan 2025598%1%1%1%
01 Jan 2024 - 30 Jun 202409 Jul 2024698%1%1%1%
01 Jul 2023 - 31 Dec 202322 Jan 2024599%0%1%1%
01 Jan 2023 - 30 Jun 202311 Jul 2023897%2%1%1%
01 Jul 2022 - 31 Dec 202211 Jan 2023898%1%1%1%
01 Jan 2022 - 30 Jun 202220 Jul 20221295%4%1%2%
01 Jul 2021 - 31 Dec 202121 Jan 20221097%1%2%2%
01 Jan 2021 - 30 Jun 202114 Jul 20211098%1%1%1%
01 Jul 2020 - 31 Dec 202015 Jan 20211296%1%3%3%
01 Jan 2019 - 30 Jun 201918 Jul 2019897%1%2%2%

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 is based on vendor category, ranges from Payable Upon Receipt to Net 52.

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

52

Dispute Resolution Process

This is handled on a case by case basis, starting with our accounts payable department with escalation to the CFO.

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

OCTAGON WORLDWIDE LIMITED is a multinational marketing and advertising company headquartered in London, UK. The company was founded in 1982 and has since expanded to have offices in 26 different countries.

The company's sustainability program focuses on reducing their carbon footprint and promoting eco-friendly practices in their operations. They have implemented energy-efficient measures in their offices, reduced waste through recycling and have committed to using sustainable materials in their marketing campaigns.

OCTAGON WORLDWIDE LIMITED offers a wide range of products and services including brand strategy, event marketing, digital and social media marketing, and sponsorship consulting. They work with a diverse range of clients across various industries, including sports, entertainment, and consumer brands.

The key people at OCTAGON WORLDWIDE LIMITED include the CEO, Simon Wardle, and the Chairman, Rick Dudley. Both have extensive experience in the marketing and advertising industry and have been with the company for many years.

For any inquiries or further information, OCTAGON WORLDWIDE LIMITED can be contacted through their website, www.octagon.com. Their registered office address is 14-16 Great Pulteney Street, London, W1F 9ND, United Kingdom.

Overall, OCTAGON WORLDWIDE LIMITED is a reputable and innovative marketing and advertising company that is committed to sustainability and providing high-quality services to their clients.

Financial Metrics

Cash
£12,258,000
Net Worth
£7,777,000
Total Current Assets
£27,678,000
Total Current Liabilities
£20,124,000

Company Location