HAVAS WORLDWIDE LONDON LIMITED

PaymentCheck Score 2024
51Fair
0.8vs last year
#4289 in UK
#68 in Marketing And Sales
#716 in South East

Company Information

Company Number
03675746
Registered Address
Havas House Hermitage Court, Hermitage Lane, Maidstone, Kent, England, ME16 9NT
Status
Active
Employee Count
195
Turnover
£81,959,000
EBITDA
-£3,369,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 November 1998
Nature of Business
73110 - Advertising agencies
Industries
Marketing And Sales
Region
South East

Time to Pay

Average Time to Pay
44 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
29%
31-60 Days
50%
After 60 Days
21%
Not Paid Within Terms38%

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: 2025-01-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202422 Jan 20254429%50%21%38%
01 Jan 2024 - 30 Jun 202430 Jul 20244329%56%15%40%
01 Jul 2023 - 31 Dec 202331 Jan 20244627%54%20%38%
01 Jan 2023 - 30 Jun 202307 Aug 20234631%49%21%31%
01 Jul 2022 - 31 Dec 202201 Feb 20234831%46%23%30%
01 Jan 2022 - 30 Jun 202203 Aug 20224435%48%17%33%
01 Jul 2021 - 31 Dec 202115 Feb 20224432%51%17%30%
01 Jan 2021 - 30 Jun 202126 Jul 20214535%55%10%32%
01 Jul 2020 - 31 Dec 202029 Jan 20214732%49%19%30%
01 Jan 2020 - 30 Jun 202028 Jul 20204927%53%20%25%
01 Jan 2019 - 30 Jun 201929 Jul 20194930%51%19%29%

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

Havas Worldwide London's standard payment terms are the same for both goods and services, 30 days from the date of invoice.

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

All disputes are initially dealt with by Accounts Payable. Each supplier has an assigned person who can contact the relevant purchasing division to resolve any issues that may arise. Following resolution, the supplier will be paid on the next available payment run if past due, or as per their standard payment terms.

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

HAVAS WORLDWIDE LONDON LIMITED is a global advertising and communications company based in London, United Kingdom. The company's mission is to help brands create meaningful connections with consumers through creative and innovative marketing strategies.

The company offers a range of services including branding, digital marketing, media planning, and public relations to clients across various industries. Some of their notable clients include Coca-Cola, Unilever, and L'Oreal.

HAVAS WORLDWIDE LONDON LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a sustainability program in place that focuses on reducing carbon emissions, waste, and water usage. The company also encourages their employees to participate in volunteer activities and supports various charitable organizations.

Some of the key people at HAVAS WORLDWIDE LONDON LIMITED include CEO Xavier Rees, Chief Creative Officer Vicki Maguire, and Chief Strategy Officer Mark Sinnock.

The company's website is www.havasworldwide.com/london and their registered office address is 3 Pancras Square, London N1C 4AG, United Kingdom. Overall, HAVAS WORLDWIDE LONDON LIMITED is a leading advertising and communications company that is committed to sustainability and helping brands connect with their consumers.

Financial Metrics

Cash
£3,469,000
Net Worth
£510,000
Total Current Assets
£18,630,000
Total Current Liabilities
£18,287,000

Company Location