Score of 100/100 qualifies for PaymentCheck Certification
| 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 2025 - 30 Jun 2025 | 24 Jul 2025 | 15 | 100% | 0% | 0% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 33 | 75% | 0% | 25% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Jul 2023 | 14 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 24 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 13 | 88% | 12% | 0% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 19 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 17 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 13 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 17 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard is based on vendor category, ranges from Payable Upon Receipt to Net 52.
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
52
This is handled on a case by case basis, starting with our accounts payable department with escalation to the CFO.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MCCANN-ERICKSON UK GROUP LIMITED is a well-established advertising and marketing agency based in London, United Kingdom. The company offers a range of services including brand strategy, digital marketing, media planning, and creative campaign development.
One of the key focuses of MCCANN-ERICKSON UK GROUP LIMITED is sustainability. The company has a dedicated sustainability program that aims to reduce its environmental impact and promote sustainable practices. This includes implementing eco-friendly initiatives, such as using renewable energy sources and reducing waste and carbon emissions.
The company's portfolio includes a wide range of successful campaigns for both local and global clients. Some of their notable clients include Coca-Cola, Microsoft, and L'Oreal. Their services have helped these companies to reach their target audiences and achieve their marketing objectives.
The key people at MCCANN-ERICKSON UK GROUP LIMITED include Mark Lund, the CEO and President of McCann Worldgroup UK, and Karen Crum, the Chief Financial Officer. They lead a team of talented professionals who are dedicated to delivering creative and effective campaigns for their clients.
For more information, the company's website address is www.mccann.co.uk. Their registered office address is 7-11 Herbrand Street, London, WC1N 1EX, United Kingdom. MCCANN-ERICKSON UK GROUP LIMITED continues to be a leading player in the advertising and marketing industry, known for its innovative campaigns and commitment to sustainability.