UNIVERSAL PICTURES GROUP UK LIMITED
Company Information
- Company Number
- 04409694
- Registered Address
- 1 Central St. Giles, St. Giles High Street, London, WC2H 8NU
- Status
- Active
- Employee Count
- 15.0
- Turnover
- 4748000.0
- EBITDA
- 366000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 April 2002
- Nature of Business
- 93210 - Activities of amusement parks and theme parks
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 59 | 54% | 23% | 22% | 60% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 44 | 61% | 19% | 20% | 52% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 40 | 65% | 6% | 29% | 41% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 46 | 63% | 18% | 19% | 64% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 24 | 79% | 14% | 6% | 68% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 93 | 41% | 26% | 33% | 64% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 28 | 47% | 10% | 43% | 66% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 161 | 43% | 17% | 40% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 51 | 66% | 15% | 19% | 46% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 64 | 58% | 19% | 23% | 56% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 43 | 65% | 19% | 16% | 40% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 93 | 34% | 16% | 50% | 68% |
Company Summary
Universal Pictures Group (UK) Limited is a film production and distribution company based in the United Kingdom
It is a subsidiary of Universal Studios, one of the largest film studios in the world
The company's main activities include producing and distributing films, as well as managing the marketing and publicity of these films
They also have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact
One of their key sustainability programs is the Green is Universal initiative, which aims to reduce the company's carbon footprint and promote eco-friendly practices within the film industry
They also have a recycling program in place and have implemented energy-efficient measures in their offices and production sets
Universal Pictures Group (UK) Limited offers a wide range of products and services, including blockbuster films, independent films, and TV shows
They also have a strong presence in the home entertainment market, with DVD and Blu-ray releases of their films
The key people in the company include the managing director, Eddie Cunningham, and the executive vice president and managing director of international, Duncan Clark
They are supported by a team of experienced professionals in various departments such as marketing, publicity, and distribution
The company can be contacted through their website, which provides information on upcoming releases, news, and career opportunities
The registered office address is 1 Central St Giles, St Giles High Street, London, WC2H 8NU
Company Review
Trend Analysis
From 2018 to 2023, there has been a fluctuating trend in the average time taken for UNIVERSAL PICTURES GROUP (UK) LIMITED to pay invoices to suppliers. The trend started at 93 days in 2018, decreased to 28 days in 2020, and then increased again to 59 days in 2023.
Volatility Analysis
The volatility of the average time taken to pay invoices has been high, with a range of 135 days between the lowest (28 days) and highest (161 days) periods.
Summary Analysis
Overall, there has been a fluctuating trend in the average time taken for UNIVERSAL PICTURES GROUP (UK) LIMITED to pay invoices to suppliers, with a high volatility. While there has been a significant improvement in the percentage of invoices paid within 30 days, there is still room for improvement in timely payments overall.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The most common payment terms of invoices paid in the period are net 30 days, from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Vendors classified as Freelancer are assign 14 days as payment terms.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes are resolved with the claimant by negotiation involving the business, accounts payable and NBCU Business lead counsel, and if required litigation counsel will be contacted.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
