OMNICOM MEDIA GROUP UK LIMITED

PaymentCheck Score 2024
45Poor
2.0vs last year
#4615 in UK
#73 in Marketing And Sales
#1635 in London

Company Information

Company Number
04431736
Registered Address
BANKSIDE 3, 90-100 Southwark Street, London, SE1 0SW
Status
Active
Employee Count
1,655
Turnover
£251,883,000
EBITDA
£25,571,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 May 2002
Nature of Business
73110 - Advertising agencies
Industries
Marketing And Sales
Region
London

Time to Pay

Average Time to Pay
62 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
23%
31-60 Days
57%
After 60 Days
20%
Not Paid Within Terms21%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202403 Feb 20255718%62%20%18%
01 Jul 2023 - 31 Dec 202331 Jan 20245622%58%20%18%
01 Jan 2022 - 30 Jun 202230 Jul 20225519%59%23%22%
01 Jul 2021 - 31 Dec 202101 Feb 20225231%52%17%30%
01 Jan 2021 - 30 Jun 202130 Jul 20215721%60%20%58%
01 Jan 2020 - 30 Jun 202030 Jul 20207410%51%39%51%
01 Jan 2018 - 30 Jun 201802 Aug 20186224%43%33%69%

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

end of month following appearance of media

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

60

Dispute Resolution Process

the query is passed to the buyer who booked the media to resolve the dispute with the supplier

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

OMNICOM MEDIA GROUP UK LIMITED is a leading global media company that provides marketing and advertising services to clients all over the world. The company is headquartered in London, United Kingdom and has a strong presence in the UK market.

The company offers a wide range of services including media planning, buying, research, and digital marketing, among others. They work with a variety of clients, from small businesses to multinational corporations, helping them reach their target audiences and achieve their marketing goals.

OMNICOM MEDIA GROUP UK LIMITED is committed to sustainability and has a strong sustainability program in place. They strive to reduce their environmental impact by implementing eco-friendly practices in their operations, such as reducing paper usage and promoting recycling. They also work with their clients to develop sustainable marketing strategies that align with their values and goals.

The company's key people include the CEO, Luke Taylor, and the Chairman, Simon Francis. They lead a team of talented professionals who are dedicated to providing the best services to their clients.

OMNICOM MEDIA GROUP UK LIMITED can be contacted through their website, which provides information about their services, case studies, and news updates. The company's registered office address is located at 10 Hills Place, London, W1F 7SD, UK.

In summary, OMNICOM MEDIA GROUP UK LIMITED is a leading media company in the UK market, offering a range of services and a strong commitment to sustainability. With a team of experienced professionals and a focus on innovation, they continue to be a top choice for businesses looking to elevate their marketing strategies.

Financial Metrics

Cash
£344
Net Worth
£43,575,227
Total Current Assets
£653,407,736
Total Current Liabilities
£609,799,628

Company Location