SPARK FOUNDRY LIMITED

PaymentCheck Score 2025
39Poor
27.3vs last year
#4098 in UK
#204 in Professional Services
#1423 in London

Company Information

Company Number
03457650
Registered Address
1st Floor 2 Television Centre, 101 Wood Lane, London, England And Wales, United Kingdom, W12 7FR
Status
Active
Employee Count
354
Turnover
£41,424,000
EBITDA
£10,489,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 October 1997
Nature of Business
73110 - Advertising agencies
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
58 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
26%
31-60 Days
45%
After 60 Days
29%
Not Paid Within Terms59%

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: 2025-08-01
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 202501 Aug 20255826%45%29%59%
01 Jul 2024 - 31 Dec 202431 Jan 20253754%32%14%28%
01 Jul 2023 - 31 Dec 202331 Jan 20243754%36%10%42%
01 Jan 2023 - 30 Jun 202328 Sept 20233740%50%10%34%

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

SPARK FOUNDRY LIMITED is a leading global media agency that provides innovative marketing solutions for its clients. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility.

In terms of products and services, SPARK FOUNDRY LIMITED offers media planning and buying, digital and data-driven solutions, content creation, and analytics. The company works with a diverse range of clients across various industries, including consumer goods, technology, and entertainment.

Key people at SPARK FOUNDRY LIMITED include the CEO, Chris Boothe, who has over 25 years of experience in the media industry. Other notable figures include the Chief Strategy Officer, Lisa Donohue, and the Chief Digital Officer, Arun Kumar.

The company's sustainability program includes measures such as reducing carbon emissions, promoting diversity and inclusion, and supporting local communities. SPARK FOUNDRY LIMITED also partners with various organizations and NGOs to support environmental and social causes.

For more information on SPARK FOUNDRY LIMITED and its services, you can visit their website at www.sparkfoundry.com. The company's registered office address is 42 St John's Square, London, EC1V 4QR, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
£9,109,000
Total Current Assets
£151,762,000
Total Current Liabilities
£144,003,000

Company Location