RED BEE MEDIA LIMITED
Company Information
- Company Number
- 04257461
- Registered Address
- Building 1 566 Chiswick High Road, London, England, W4 5BE
- Status
- Active
- Employee Count
- 675
- Turnover
- £83,339,000
- EBITDA
- £260,000
Additional Details
- Website
- https://redbeecreative.com/
- Company Type
- Private limited Company
- Incorporated On
- 23 July 2001
- Nature of Business
- 60200 - Television programming and broadcasting activities
- Industries
- Digital Entertainment, Marketing And Sales, Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 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 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 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 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% |
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
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.
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
169
Dispute Resolution Process
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.
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
RED BEE MEDIA LIMITED is a leading media company based in the United Kingdom. The company offers a wide range of services including media management, playout, content distribution, and creative services for the global media industry.
The company has a strong focus on sustainability and is committed to reducing its environmental impact. It has implemented various initiatives to achieve this, such as using renewable energy sources, reducing waste, and promoting sustainable practices throughout its operations.
RED BEE MEDIA LIMITED offers a range of products and services to its clients, including media management and delivery solutions, creative services, and content distribution. The company works with major broadcasters, content owners, and platforms, providing them with innovative and efficient solutions to meet their media needs.
The key people at RED BEE MEDIA LIMITED include Steve Nylund, the CEO, and Bill Patrizio, the Chairman. They bring a wealth of experience and expertise to the company, driving its success and growth.
For more information on RED BEE MEDIA LIMITED and its services, you can visit their website at www.redbeemedia.com. The company's registered office address is at 3 Queen Caroline Street, London, W6 9PE, United Kingdom.
