NBC UNIVERSAL GLOBAL NETWORKS MANAGEMENT LIMITED
Company Information
- Company Number
- 03535228
- Registered Address
- 1 Central St Giles, St Giles High Street, London, WC2H 8NU
- Status
- Active
- Employee Count
- 37.0
- Turnover
- 11160000.0
- EBITDA
- 2147000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 March 1998
- Nature of Business
- 70100 - Activities of head offices
- Industries
- 0
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 47 | 56% | 26% | 18% | 37% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 37 | 73% | 15% | 12% | 26% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 85 | 61% | 26% | 13% | 33% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 50 | 66% | 18% | 16% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 73 | 43% | 31% | 26% | 56% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 75 | 39% | 36% | 25% | 58% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 85 | 46% | 27% | 27% | 51% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 95 | 35% | 31% | 34% | 63% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 73 | 42% | 30% | 28% | 58% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 51 | 48% | 32% | 19% | 51% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 49 | 55% | 27% | 19% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 46 | 57% | 25% | 18% | 39% |
Company Summary
NBC Universal Global Networks Management Limited is a media company that operates television networks and digital platforms worldwide
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, promoting renewable energy, and implementing sustainable production practices
They have also partnered with organizations to support environmental conservation and promote green initiatives
NBC Universal Global Networks Management Limited offers a variety of products and services, including television networks such as NBC, CNBC, and E! Entertainment, as well as digital platforms like Peacock and Fandango
They also produce and distribute films and television shows
The company is led by key people such as Steve Burke, the CEO of NBC Universal, and Jeff Shell, the CEO of NBC Universal Film and Entertainment
They have a team of experienced professionals who oversee the company's operations and drive its success
For more information, interested individuals can visit NBC Universal Global Networks Management Limited's website at www.nbcuniversal.com
The company's registered office address is 1 Central St Giles, St Giles High St, London WC2H 8NU, United Kingdom
Company Review
Trend Analysis
The average time taken for NBC UNIVERSAL GLOBAL NETWORKS MANAGEMENT LIMITED to pay invoices has been increasing over the past three periods, with a significant jump from 51 in the first half of 2019 to 73 in the second half of 2019. However, there has been a slight decrease in the most recent period, with the company taking an average of 47 days to pay invoices.
Volatility Analysis
The volatility of NBC UNIVERSAL GLOBAL NETWORKS MANAGEMENT LIMITED's payment patterns can be seen in the fluctuations in the percentage of invoices paid within 30 days, which ranges from a high of 66% in the first half of 2022 to a low of 35% in the first half of 2020. There is also a significant increase in the percentage of invoices paid later than 60 days, from 18% in the first half of 2022 to 28% in the second half of 2019.
Summary Analysis
From the data, it can be seen that NBC UNIVERSAL GLOBAL NETWORKS MANAGEMENT LIMITED has been taking longer to pay invoices over the past three periods, with an average time to pay of 46 days in the first half of 2018 increasing to 47 days in the second half of 2023. The percentage of invoices paid within 30 days has also decreased, from 57% in the first half of 2018 to 56% in the second half of 2023.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The most common payment terms of invoices paid in the period are net 30 days, from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Vendors classified as Freelancer are assign 14 days as payment terms.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes are resolved with the claimant by negotiation involving the business, accounts payable and NBCU Business lead counsel, and if required litigation counsel will be contacted.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available