HEARST NETWORKS UK

PaymentCheck Score 2025
84Good
16.5vs last year
#1388 in UK
#45 in Creative
#616 in London

Company Information

Company Number
03105704
Registered Address
1 Queen Caroline Street, London, United Kingdom, W6 9YN
Status
Active
Employee Count
197
Turnover
£74,577,000
EBITDA
£12,258,000

Additional Details

Company Type
Private unlimited company
Incorporated On
22 September 1995
Nature of Business
61900 - Other telecommunications activities
90030 - Artistic creation
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Time to Pay

Average Time to Pay
28 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
80%
31-60 Days
15%
After 60 Days
5%
Not Paid Within Terms10%

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: 2025-07-28
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 202528 Jul 20252880%15%5%10%
01 Jan 2024 - 30 Jun 202418 Jul 20243379%14%8%79%
01 Jan 2023 - 30 Jun 202324 Aug 20232986%10%4%16%
01 Jul 2021 - 31 Dec 202125 Jan 20222684%12%3%24%
01 Jan 2021 - 30 Jun 202130 Jul 20212785%11%4%20%
01 Jul 2020 - 31 Dec 202015 Feb 20212289%9%1%19%
01 Jan 2020 - 30 Jun 202010 Aug 20202875%20%6%39%
01 Jan 2019 - 30 Jun 201924 Jul 20193071%22%7%46%
01 Jul 2018 - 31 Dec 201824 Jul 20193074%11%15%48%
01 Jan 2018 - 30 Jun 201824 Jul 20192972%16%12%36%
01 Jul 2017 - 31 Dec 201724 Jul 20192675%18%7%40%

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 payment terms are 30 days

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

30

Dispute Resolution Process

Disputes or complaints would go through our accounts payable team initially, who are able to resolve the vast majority of queries. There is an escalation route available through the Head of Finance and SVP.

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

AETN UK is a leading media company that provides high-quality and diverse programming to audiences across the United Kingdom. They prioritize sustainability in all aspects of their operations and have a strong commitment to preserving the environment.

Their sustainability program includes initiatives such as reducing energy consumption and waste, promoting eco-friendly practices among employees, and implementing sustainable production processes. They also support various environmental organizations and charities.

AETN UK offers a wide range of products and services, including television channels such as History, Crime+Investigation, and Lifetime, as well as online streaming platforms like AETN All Channel Play. They also produce original content and collaborate with other production companies to bring compelling and informative shows to their viewers.

The company is led by a team of experienced and dedicated individuals, including CEO Dean Possenniskie and Managing Director Koulla Anastasi. They work closely with their employees and partners to ensure the company's success and sustainability.

For more information on AETN UK and their sustainability efforts, visit their website at www.aetn.co.uk. Their registered office address is 1 Queen Caroline Street, London, W6 9YN.

Financial Metrics

Cash
£8,820,000
Net Worth
£26,010,000
Total Current Assets
£70,335,000
Total Current Liabilities
£27,981,000

Company Location