KANTAR UK LIMITED
Company Information
- Company Number
- 03073845
- Registered Address
- Tns House, Westgate, London, W5 1UA
- Status
- Active
- Employee Count
- 1,754
- Turnover
- £267,648,000
- EBITDA
- £45,473,000
Additional Details
- Website
- https://consumerpulse.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 28 June 1995
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Marketing And Sales, Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for KANTAR UK LIMITED to pay invoices has fluctuated over the past three years. It initially decreased from 41 days in the first period (Jan-Jun 2018) to 28 days in the second period (Jul-Dec 2018), then remained consistent at 28 days for the third period (Jan-Jun 2019). However, in the fourth period (Jul-Dec 2019), it increased to 32 days, then continued to fluctuate between 40 and 38 days for the remaining periods.
Volatility Analysis
The average time for KANTAR UK LIMITED to pay invoices has shown volatility in the first four periods, with a decrease of 13 days in the second period followed by an increase of 4 days in the third period. However, it has since remained relatively stable, fluctuating between 36 and 40 days.
Summary Analysis
Overall, there has been a slight decrease in the average time for KANTAR UK LIMITED to pay invoices, from 41 days in the first period to 37 days in the most recent period. The percentage of invoices paid within 30 days has also slightly decreased, from 41% to 34%. There has been a decrease in the percentage of invoices paid later than 60 days, from 22% to 15%, and a slight decrease in the percentage of invoices not paid within agreed terms, from 26% to 18%.
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 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 37 | 44% | 38% | 18% | 61% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 33 | 52% | 33% | 15% | 53% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 36 | 47% | 38% | 15% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 34 | 48% | 38% | 14% | 57% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 38 | 42% | 38% | 20% | 56% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 40 | 37% | 39% | 24% | 68% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 40 | 41% | 37% | 22% | 55% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Jan 2020 | 32 | 56% | 30% | 14% | 30% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Jul 2019 | 28 | 65% | 27% | 9% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 28 | 63% | 27% | 10% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 41 | 41% | 37% | 22% | 26% |
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
Our standard terms are 60 days end of month from receipt of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Whilst our standard terms are 60 days end of month of receipt of invoice, for freelancers and small contractors, we have an exception process to set these up to pay between 14 and 30 days.
Maximum contractual payment period agreed
60
Dispute Resolution Process
We resolve our disputes with internal and external queries by using an automated Service Now Helpdesk which is self-service. At Kantar, vendors can email invoicestopay@kantar.com with a query. If it relates to a previous invoice submitted they should note the FIN number received when they first submitted invoice as this will help deal with queries. SLAs on query responses are 2 working days from receipt. Within the automated response received when a query is submitted there is also an escalation process if the query is not resolved to a satisfactory standard.
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
KANTAR UK LIMITED is a leading data, insights and consulting company, providing a wide range of services to businesses and organizations in the UK and globally. The company is committed to sustainability and has a strong focus on ethical and responsible practices in all aspects of their operations.
KANTAR UK LIMITED offers a variety of services including market research, brand strategy, customer experience management, and data analysis. They work with clients from various industries, including consumer goods, healthcare, and media, to provide valuable insights and help them make informed decisions.
The company's sustainability program is driven by their commitment to reducing their environmental impact and promoting sustainable business practices. KANTAR UK LIMITED has implemented a number of initiatives to reduce their carbon footprint, including using renewable energy sources and promoting remote working to reduce emissions from commuting.
Some of their key products and services that support sustainability include their Sustainable Transformation Practice, which helps clients integrate sustainability into their business strategy, and their Sustainable Growth Monitor, which tracks consumer attitudes towards sustainability.
KANTAR UK LIMITED is led by a team of experienced professionals, including Chief Executive Officer Eric Salama and Chief Sustainability Officer Tim Kidd. The company has a strong global presence with offices in London, Manchester, and Edinburgh.
Their website address is www.kantar.com/uk and their registered office address is 6 More London Place, London, SE1 2QY, United Kingdom. KANTAR UK LIMITED is committed to driving positive change and providing sustainable solutions to their clients, making them a trusted and respected leader in the industry.
