| 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 2018 - 31 Dec 2018 | 24 Jan 2019 | 51 | 21% | 49% | 30% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 53 | 19% | 48% | 33% | 12% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Invoicing and payment shall be made in accordance with MediaKind’s instructions. A valid invoice shall at a minimum contain a reference to the PO, Seller’s name and address, and specification of the Products purchased. With deviation from what otherwise may be provided for under applicable law, it is expressly agreed that payment shall be effected within ninety (90) days from date of complete and successful delivery of the Products, including any documents, and receipt of a correct invoice. In case of delayed payment of approved invoices, the seller shall notify MediaKind thereof and MediaKind shall thereafter expedite the payment.
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
120
Internal review, extended to supplier review if disputed, escalated to governance meeting if required.
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
Ericsson Television Limited is a UK-registered company that now trades under the MediaKind brand. Evidence from the company's own website shows it provides video streaming technology, including cloud based and on-premise platforms for broadcasters, pay-TV providers, sports organisations and enterprises. Its offering spans software-as-a-service streaming platforms such as MK.IO and VOS360, on-premise appliances like XOS and Beam, and content management and entitlement platforms. The company states it serves thousands of customers and delivers thousands of live channels globally. The evidence indicates it operates as a technology and software provider within the broadcast and streaming industry rather than as a content creator or broadcaster itself.
Generated from the company's website and Companies House records. Sources: mediakind.com · mediakind.com