DISNEY NETWORKS GROUP UK LIMITED
Company Details
Registration Number
04467859
Registered Address
C/O Bdo Llp 5 Temple Square Temple Street Liverpool L2 5RH
Company Status
Liquidation
Employee Count
1
Turnover
£66,571,000
EBITDA
£25,236,000
Additional Information
Website
foxtv.co.uk/Company Type
Private limited Company
Incorporated on
24 June 2002
Nature of Business (SIC)
60200 - Television programming and broadcasting activities
Industries
Films and TV
Region
North WestCompany Location
Financial Overview
£50,209,000
£52,514,000
Last Reporting Period
Filed
18 Dec 2023
Period
01 Apr 2023 - 30 Sep 2023
Payment Timing
Average Time to Pay
92 days
Payment Periods
Shortest
0 days
Longest
90 days
Max Contractual
90 days
Payment Timeline
Not Paid Within Terms
41%
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 Apr 2023 - 30 Sep 2023 | 18 Dec 2023 | 92 | 50% | 26% | 24% | 41% |
| 01 Oct 2022 - 31 Mar 2023 | 15 May 2023 | 47 | 51% | 34% | 15% | 29% |
| 01 Oct 2022 - 31 Mar 2023 | 15 May 2023 | |||||
| 03 Apr 2022 - 01 Oct 2022 | 19 Dec 2022 | 27 | 67% | 27% | 6% | 31% |
| 03 Oct 2021 - 02 Apr 2022 | 29 Apr 2022 | 73 | 34% | 35% | 31% | 44% |
| 01 Jan 2021 - 02 Oct 2021 | 26 Oct 2021 | 63 | 23% | 43% | 34% | 51% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 73 | 51% | 22% | 27% | 59% |
| 01 Jan 2020 - 30 Jun 2020 | 26 Jan 2021 | 62 | 38% | 29% | 33% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 26 Jan 2021 | 53 | 39% | 32% | 29% | 68% |
Company Summary
Disney Networks Group (UK) Limited is a subsidiary of The Walt Disney Company and is responsible for the management and operation of all Disney-owned television channels and related businesses in the United Kingdom
The company's sustainability program, known as "Disney's Planet Challenge," focuses on reducing their environmental impact and promoting responsible business practices
This includes efforts to reduce waste, conserve energy and water, and promote sustainable sourcing
Disney Networks Group offers a variety of products and services, including television channels such as Disney Channel, Disney XD, and Disney Junior, as well as digital and on-demand content through their streaming service, Disney+
They also produce and distribute original content, such as TV shows and movies, and offer consumer products related to their popular franchises
The key people at Disney Networks Group (UK) Limited include Janice Marinelli, the President of Global Content Sales and Distribution, and Paul Donovan, the Chief Operating Officer
The company's registered office address is located at 3 Queen Caroline Street, Hammersmith, London, W6 9PE
Their website, https://www.disney.co.uk, provides information about their channels, shows, and products, as well as their sustainability efforts and corporate social responsibility initiatives
Overall, Disney Networks Group (UK) Limited is committed to providing quality entertainment while also promoting sustainability and responsible business practices
Company Review
Trend Analysis
The average time taken for DISNEY NETWORKS GROUP (UK) LIMITED to pay invoices has fluctuated over the past three periods, with a slight decrease from 2019-2021, followed by a significant increase in 2022, and then a sharp decrease again in 2023. This could indicate potential issues with payment processes or changes in management during 2022, but improvements have been made in 2023.
Volatility Analysis
The data shows significant volatility in the percentage of invoices paid within 30 days, with a high of 67% in 2022 and a low of 23% in 2021. This could suggest inconsistencies in payment practices or external factors affecting payment timelines.
Summary Analysis
From 2019-2021, DISNEY NETWORKS GROUP (UK) LIMITED has shown a decrease in the average time taken to pay invoices, with a slight increase in the percentage of invoices paid within 30 days. However, in 2022, there was a significant increase in the average time taken to pay invoices and a decrease in the percentage of invoices paid within 30 days. In 2023, there was a sharp decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. The worst period for the company was in 2021, where the percentage of invoices paid later than 60 days was the highest at 34%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The standard payment terms are 45 days or 60 days from date of supplier invoice. The standard payment terms for Sole Traders, Utilities, Equipment Rentals, Events & Production vary from 0 days/10 days/15 days/30 days. Payment terms may be set less than the standard payment terms if contractually agreed.
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
90
Dispute Resolution Process
Our global terms and conditions, including our dispute resolution process which can be found on our Supplier Portal. These global terms and conditions are equally applied to UK entities.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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