OMNICOM MEDIA GROUP UK LIMITED
Company Information
- Company Number
- 04431736
- Registered Address
- BANKSIDE 3, 90-100 Southwark Street, London, SE1 0SW
- Status
- Active
- Employee Count
- 1545.0
- Turnover
- 222328000.0
- EBITDA
- 25151000.0
Additional Details
- Website
- https://omgunite.com/
- Company Type
- Private limited Company
- Incorporated On
- 3 May 2002
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Professional Services
- 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 | 56 | 22% | 58% | 20% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 55 | 20% | 61% | 19% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 58 | 23% | 56% | 21% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Jul 2022 | 55 | 19% | 59% | 23% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 52 | 31% | 52% | 17% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 57 | 21% | 60% | 20% | 58% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 61 | 29% | 49% | 22% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 74 | 10% | 51% | 39% | 51% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 68 | 10% | 56% | 34% | 52% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 64 | 16% | 54% | 30% | 52% |
| 01 Jul 2018 - 31 Dec 2018 | 10 Apr 2019 | 60 | 35% | 45% | 20% | 60% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 62 | 24% | 43% | 33% | 69% |
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
Company Review
Trend Analysis
The average time taken for OMNICOM MEDIA GROUP UK LIMITED to pay invoices has fluctuated over the past three periods, with a general upward trend. In the most recent period (2023-07-01 to 2023-12-31), the average time to pay has decreased slightly compared to the previous period.
Volatility Analysis
The volatility of the % Invoices paid within 30 days and % Invoices paid later than 60 days has remained relatively consistent over the past three periods. However, there has been a significant decrease in the % Invoices paid between 31 and 60 days in the most recent period, indicating a potential improvement in payment times for OMNICOM MEDIA GROUP UK LIMITED.
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 the month following the appearance of media
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
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
