ENTERTAINMENT ONE UK LIMITED
Company Information
- Company Number
- 02989602
- Registered Address
- 5th Floor 45 Mortimer Street, London, England, W1W 8HJ
- Status
- Active
- Employee Count
- 170
- Turnover
- £176,116,000
- EBITDA
- -£25,209,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 November 1994
- Nature of Business
- 59111 - Motion picture production activities59131 - Motion picture distribution activities90030 - Artistic creation96090 - Other service activities not elsewhere classified
- Industries
- Digital Entertainment, Media And Publishing
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
ENTERTAINMENT ONE UK LIMITED demonstrates a trend of extended payment cycles, with an average payment time of 41 days, consistently exceeding standard 30-day terms. While 45% of payments are made within 30 days, a significant 31% extend beyond 60 days, indicating a common trajectory towards delayed settlement for a substantial portion of invoices.
Volatility Analysis
Payment reliability is moderate, with considerable volatility evident in the payment distribution, as nearly half of payments are on time but one-third are significantly delayed. The 34% late payment rate directly contributes to unpredictability, posing a notable risk to consistent cash flow for suppliers. This wide spread across payment bands suggests a lack of uniform payment behavior.
Summary Analysis
Suppliers should factor in an average 41-day payment cycle and the high likelihood of a third of invoices exceeding 60 days when assessing engagement. Consider negotiating clear payment terms, exploring early payment discounts, or implementing staggered payment schedules to mitigate the inherent cash flow risks. Close monitoring of payment trends for individual invoices is advised to manage exposure effectively.
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 Apr 2022 - 30 Sept 2022 | 12 Oct 2022 | 32 | 66% | 22% | 13% | 46% |
| 01 Oct 2021 - 31 Mar 2022 | 13 Jun 2022 | 58 | 36% | 35% | 29% | 56% |
| 01 Apr 2021 - 30 Sept 2021 | 23 Dec 2021 | 41 | 45% | 24% | 31% | 34% |
| 01 Oct 2020 - 31 Mar 2021 | 04 May 2021 | 51 | 43% | 27% | 30% | 42% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 46 | 41% | 25% | 34% | 45% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 25 | 66% | 19% | 14% | 41% |
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
60 days net end of month. This means we will pay at the end of the month after 60 days from the date of the invoice. For invoices that are payable on receipt we will make payments as soon as possible.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Some payments are made contractually in instalments, but against a single invoice. Therefore payments on occasion may appear delayed, but are in fact in line with an agreed contract.
Maximum contractual payment period agreed
90
Dispute Resolution Process
A query relating to an unpaid invoice should initially be emailed to UKAccountsPayable@entonegroup.com. The Accounts Payable (AP) team investigates the reason for non-payment of the invoice and tries to resolve the issue. Eg. an invoice may not have been received, or was incorrectly addressed. Other delays maybe due to differences between the Purchase Order (PO) approved and invoice received. If the AP team are not able to resolve the dispute, they will revert to the PO raiser and obtain the correct goods or services that were received and should be paid for. If resolution is still not reached, the AP team and PO approver will revert to the Financial Controller for a fair and timely decision. The aim of the department is to resolve disputes quickly and fairly. It should be noted that for invoices paid after the due date, these relate to items under dispute, or where payment terms are made in contractual instalments, against a single invoice.
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.
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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.
❌
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
Company Summary
ENTERTAINMENT ONE UK LIMITED is a private limited company operating within the entertainment sector in the United Kingdom.
Registered as an active private limited company with company number 02989602, it was incorporated on 14 November 1994. Its registered office is located at 5th Floor 45 Mortimer Street, London, England, W1W 8HJ. The company's listed location is also designated as 'Other'.
Companies within the UK entertainment sector typically specialise in the production, distribution, and licensing of various forms of content, such as film, television programmes, and music. These organisations also commonly undertake talent management, event organisation, and digital media publishing.
