PUBLICIS MEDIA EXCHANGE LIMITED
Company Information
- Company Number
- 03423055
- Registered Address
- 1st Floor 2 Television Centre, 101 Wood Lane, London, England And Wales, United Kingdom, W12 7FR
- Status
- Active
- Employee Count
- 170
- Turnover
- £3,220,000
- EBITDA
- £6,547,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 August 1997
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Marketing And Sales
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2022 - 30 Jun 2022 | 01 Aug 2022 | 64 | 20% | 44% | 36% | 78% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 278 | 15% | 23% | 62% | 77% |
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
The supplier shall invoice the Company at the invoicing address set out on the purchase order and the Company’s terms of payment shall be 60 days following receipt of a valid invoice quoting the correct purchase order and job numbers for Goods and/or Materials delivered and/or Services performed to the Company’s reasonable satisfaction. The Company may set off against any sums due to the supplier whether under contract or otherwise any lawful set-off, counterclaim to which the Company may at any time be entitled. Agencies are able to amend the standard payment terms for their business needs, within the Vendor Master Data File.
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
60
Dispute Resolution Process
Any disputes in respect of supplier payments are resolved by contacting the Accounts Payable Team via our automatic ticketing support service, RVIC at the following link https://www.resourcesvendoric.com. The Accounts Payable department will then assist further with query and if applicable this may be escalated to the legal team.
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
PUBLICIS MEDIA EXCHANGE LIMITED is a global media agency that offers a range of marketing and advertising services to its clients. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The company's sustainability program focuses on reducing carbon emissions, waste management, and promoting sustainable practices within the organization. They have also partnered with suppliers who share their commitment to sustainability.
PUBLICIS MEDIA EXCHANGE LIMITED offers a variety of products and services such as media planning and buying, digital marketing, data analytics, and content creation. They work with a diverse range of clients from different industries, providing tailored solutions to meet their specific needs.
The key people at PUBLICIS MEDIA EXCHANGE LIMITED include CEO Steve King, Chief Sustainability Officer Lisa Donohue, and Chief Strategy Officer Rishad Tobaccowala. They lead a team of experienced professionals who are dedicated to delivering innovative and effective solutions for their clients.
To get in touch with PUBLICIS MEDIA EXCHANGE LIMITED, individuals can visit their website at www.publicismediaexchange.com. Their registered office address is located at 33 Kingsway, London WC2B 6UF, United Kingdom.
In conclusion, PUBLICIS MEDIA EXCHANGE LIMITED is a leading media agency with a strong focus on sustainability. They offer a range of products and services, led by a team of experienced professionals. With their commitment to sustainability and dedication to client satisfaction, they continue to be a trusted partner for businesses worldwide.
