NBC UNIVERSAL GLOBAL NETWORKS UK LIMITED
Company Information
- Company Number
- 03522943
- Registered Address
- Sky Central, Grant Way, Isleworth, Middlesex, United Kingdom, TW7 5QD
- Status
- Active
- Employee Count
- 0
- Turnover
- £14,719,000
- EBITDA
- £14,528,000
Additional Details
- Website
- https://nbcuniversal.com
- Company Type
- Private limited Company
- Incorporated On
- 6 March 1998
- Nature of Business
- 59133 - Television programme distribution activities
- Industries
- Digital Entertainment, Media And Publishing
- 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 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 36 | 49% | 39% | 12% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 52 | 36% | 36% | 28% | 53% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 57 | 52% | 25% | 23% | 46% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 73 | 44% | 27% | 30% | 58% |
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 between 30 and 60 days from the receipt of a valid invoice. On receipt of a valid invoice these invoices are included in a weekly payment run as they fall due.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Our predominant paying company is Sky UK Ltd and there is a wide disparity in the number of invoices paid through our various legal entities. Sky figures are impacted by intercompany trading within the Sky companies, particularly Sky In-home Service Limited. Our standard terms and conditions for suppliers are between 30 and 60 days from the receipt of a valid invoice. Across the companies that are held within our main supplier ledger we paid 92.9% of our invoices on time and within the agreed payment terms. We paid 30% of invoices within 30 days and 64% within 60 days. On average we paid suppliers 40.3 days from receipt of invoice to funds into suppliers’ bank accounts.
Maximum contractual payment period agreed
60
Dispute Resolution Process
At Sky, we aim to resolve disputes or queries regarding invoices and payment as quickly as possible. Should you have a query regarding the expected payment date of an invoice, you can contact our Accounts Payable helpdesk who will be able to advise further at the following address aphelpdesk@sky.uk. For contractual disputes, not necessarily related to payment date enquiries, you should follow the procedure contractually agreed and, if none, then please contact the individual(s) who ordered the goods or services you have provided. When an invoice dispute is received, it should if possible be resolved at point of contact with the Accounts payable team. If this is not possible, the query will be escalated to the business contact and a relevant senior finance contact. When resolved, the invoice will be available for payment on the next standard payment run.
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
NBC UNIVERSAL GLOBAL NETWORKS UK LIMITED is a media and entertainment company based in the United Kingdom. The company is a subsidiary of NBCUniversal, one of the world's leading media and entertainment companies.
The main activities of NBC UNIVERSAL GLOBAL NETWORKS UK LIMITED include the production and distribution of television programming, film production, and operation of television networks and streaming services. The company also offers a wide range of digital media services, including digital and social media marketing, digital content production, and digital distribution.
In terms of sustainability, NBC UNIVERSAL GLOBAL NETWORKS UK LIMITED has implemented various initiatives to reduce its environmental impact and promote sustainability. This includes using renewable energy sources, reducing waste and implementing efficient recycling programs, and promoting eco-friendly practices throughout its operations.
One of the key products of NBC UNIVERSAL GLOBAL NETWORKS UK LIMITED is its television programming, which includes popular shows such as The Office, Saturday Night Live, and This Is Us. The company also offers streaming services through its platform, Peacock, which features a variety of original content and popular shows and movies.
The key people at NBC UNIVERSAL GLOBAL NETWORKS UK LIMITED include Jeff Shell, the CEO of NBCUniversal, and Kevin MacLellan, the Chairman of Global Distribution and International at NBCUniversal. The company's registered office address is 1 Central St. Giles, St. Giles High Street, London, WC2H 8NU, United Kingdom.
In conclusion, NBC UNIVERSAL GLOBAL NETWORKS UK LIMITED is a leading media and entertainment company that offers a diverse range of products and services while maintaining a strong focus on sustainability. With its renowned television programming and innovative digital media services, the company continues to be a major player in the global media industry. For more information, please visit their website at www.nbcuniversal.com or contact them at the registered office address mentioned above.
