| 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 2025 - 31 Dec 2025 | 23 Jan 2026 | 56 | 30% | 35% | 35% | 21% |
| 01 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 60 | 29% | 34% | 37% | 20% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 61 | 30% | 36% | 34% | 24% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 59 | 28% | 39% | 33% | 20% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 60 | 27% | 37% | 35% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 64 | 22% | 37% | 41% | 32% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 72 | 23% | 37% | 40% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 57 | 23% | 41% | 36% | 25% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 60 | 26% | 38% | 36% | 29% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 56 | 22% | 32% | 46% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 58 | 21% | 44% | 35% | 16% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 52 | 29% | 39% | 32% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 58 | 26% | 35% | 39% | 21% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 49 | 30% | 40% | 30% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 53 | 30% | 36% | 34% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
169 (EOM +154) Days. No changes were made to the standard payment terms during the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Invoicing and payment shall be made in accordance with Ericsson’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 sixty (60) days from the date of complete and successful delivery of the Products, including any documents, and receipt of a correct invoice. Further guidelines and requirements for invoices, including support for e-invoicing and supplier self-service can be found at http://www.ericsson.com/thecompany/sourcing/supplier-partner-resources/invoicing-payments. In case of delayed payment of approved invoices, the seller shall notify Ericsson thereof and Ericsson shall thereafter expedite the payment.
Maximum contractual payment period agreed
169
3 levels of resolution: 1st level the Order Desk team or Renewals team together with the business they are addressing the situation with the supplier in case of minor queries on the invoice. 2nd level of resolution would be the Sourcing Business Partners in case 1st level is not successful or the reason for disputing the invoice is not considered minor. 3rd level of resolution is the Head of Sourcing: if not resolved, it would be escalated further for final resolution. At this level, we do extend supplier reviews and have a governance meeting if needed. If the dispute is not resolved at this stage, the dispute resolution process outlined in the Agreement between Ericsson and the Supplier will be affected.
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
Red Bee Media Limited is registered in England under the SIC code for television programming and broadcasting activities. Companies House records show the company has traded under several names over time: incorporated in 2001, it operated as BBC Broadcast Limited from 2001, became Red Bee Media Limited in 2005, was renamed Ericsson Media Services UK Limited in 2014, and reverted to Red Bee Media Limited in 2017. It remains an active private limited company. Associated industry tags indicate involvement in television and broadcasting, alongside marketing, branding and advertising activity. No further detail on specific products or services is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk