KUDOS FILM TELEVISION LIMITED

Company Information

Company Number
04387591
Registered Address
Shepherds Building Central, Charecroft Way, London, United Kingdom, W14 0EE
Status
Active
Employee Count
31.0
Turnover
68072000.0
EBITDA
798000.0

Additional Details

Company Type
Private limited Company
Incorporated On
5 March 2002
Nature of Business
59113 - Television programme production activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Company Location

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Financial Metrics

Cash
£962,000.00
Net Worth
£64,170,000.00
Total Current Assets
£109,898,000.00
Total Current Liabilities
£45,742,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-05

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
90%
31-60 Days
8%
After 60 Days
2%
Not Paid Within Terms10%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202305 Feb 20242090%8%2%10%
01 Jan 2023 - 30 Jun 202327 Jul 20231592%5%3%9%
01 Jul 2022 - 31 Dec 202201 Feb 20231495%4%1%7%
01 Jan 2022 - 30 Jun 202229 Jul 20222990%8%2%11%
01 Jul 2021 - 31 Dec 202128 Jan 20222388%6%7%13%
01 Jan 2021 - 30 Jun 202129 Jul 20212092%6%3%14%
01 Jul 2020 - 31 Dec 202029 Jan 20213869%22%9%30%
01 Jan 2020 - 30 Jun 202029 Jul 20202568%27%5%32%
01 Jul 2019 - 31 Dec 201928 Jan 20203266%27%7%35%
01 Jan 2019 - 30 Jun 201924 Jul 20192577%18%5%24%

Company Summary

KUDOS FILM & TELEVISION LIMITED is a British production company that specializes in creating high-quality film and television content

Founded in 1992, the company has a strong reputation for producing award-winning and critically acclaimed projects

The company's sustainability program is a key aspect of its operations, with a commitment to reduce their environmental impact and promote sustainable practices

This includes using renewable energy sources, reducing waste, and implementing eco-friendly production techniques

KUDOS FILM & TELEVISION LIMITED offers a range of products and services, including television series, feature films, and documentaries

Their productions have been broadcasted on major networks such as BBC, ITV, and Channel 4, and have received numerous accolades and awards

The company is led by a team of experienced and talented individuals, including the managing director, executive producers, and creative directors

These key people have a wealth of experience in the entertainment industry and are dedicated to producing innovative and thought-provoking content

For more information about KUDOS FILM & TELEVISION LIMITED and their projects, you can visit their website at www.kudos.co.uk

Their registered office address is 9th Floor, 2 Television Centre, 101 Wood Lane, London, W12 7FA, United Kingdom

Company Review

Trend Analysis

The average time taken for KUDOS FILM & TELEVISION LIMITED to pay invoices has fluctuated over the past three periods. It was 25 days in 2019, increased to 32 days in 2019 and then decreased to 25 days again in 2020. However, in the most recent period of 2021-2023, there has been a steady decrease in the average time taken to pay invoices, with it reaching a low of 14 days in 2022-2023.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively low, ranging from 66% to 95%. However, the percentage of invoices paid between 31 and 60 days has been more volatile, ranging from 6% to 27%. The highest volatility can be seen in the percentage of invoices paid later than 60 days, with a range of 1% to 9%.

Summary Analysis

The average time taken for KUDOS FILM & TELEVISION LIMITED to pay invoices has decreased over the past three periods, from 32 days in 2019 to 14 days in 2022-2023. The percentage of invoices paid within 30 days has consistently been above 66%, with a high of 95% in 2022-2023. The percentage of invoices paid between 31 and 60 days has ranged from 6% to 27%, while the percentage of invoices paid later than 60 days has ranged from 1% to 9%. The shortest standard payment period for the company has remained at 30 days throughout all periods.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our standard payment terms are to make payment within 30 days of receipt of a correctly rendered invoice for suppliers and 7 days for freelancers/talent. Payment runs are made weekly and we aim to pay invoices when they fall due.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

A supplier query or dispute should be directed to a member of the Finance Team to investigate. If the dispute cannot be resolved by them it will be escalated either within the Finance Team or to the relevant employee who entered into the contract/received the services in order to resolve the matter. Continuing disputes are referred to the Legal Team.

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