DISCOVERY COMMUNICATIONS EUROPE LIMITED
Company Information
- Company Number
- 05039068
- Registered Address
- Discovery House, Chiswick Park Building 2, 566 Chiswick High Road, London, W4 5YB
- Status
- Active
- Employee Count
- 201.0
- Turnover
- 1123152000.0
- EBITDA
- 43197000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 February 2004
- Nature of Business
- 59113 - Television programme production activities$60200 - Television programming and broadcasting activities
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment
- 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 | 05 Feb 2024 | 43 | 23% | 69% | 8% | 33% |
Company Summary
DISCOVERY COMMUNICATIONS EUROPE LIMITED is a media company that operates in Europe, providing educational and entertainment content through its various platforms
The company is committed to sustainability and has implemented several initiatives in its operations to reduce its environmental impact
One of the key sustainability programs of DISCOVERY COMMUNICATIONS EUROPE LIMITED is its Green Planet program, which aims to reduce the company's carbon footprint and promote eco-friendly practices
The company has also implemented a waste reduction and recycling program, as well as promoting energy efficiency in its offices and production facilities
DISCOVERY COMMUNICATIONS EUROPE LIMITED offers a wide range of products and services, including television channels such as Discovery Channel, Animal Planet, and Eurosport, as well as digital content through its streaming service, Discovery+
The company also produces original content and documentaries through its production arm, Discovery Studios
The key people at DISCOVERY COMMUNICATIONS EUROPE LIMITED include President and CEO, Kasia Kieli, and Chief Operating Officer, Susanna Dinnage
The company's registered office address is at Discovery House, Chiswick Park, 566 Chiswick High Road, London W4 5YB
Its website address is https://corporate.discovery.com/ and it can be contacted through its website or by phone at +44 (0)20 8811 5000
In conclusion, DISCOVERY COMMUNICATIONS EUROPE LIMITED is a media company that is committed to sustainability and offers a range of educational and entertainment products and services
With its strong leadership and initiatives towards sustainability, the company continues to make a positive impact in the media industry
Company Review
Trend Analysis
The average time for DISCOVERY COMMUNICATIONS EUROPE LIMITED to pay invoices has decreased over the past three periods, going from 47 days in the period of Jul 2022 - Dec 2022 to 43 days in the period of Jul 2023 - Dec 2023. This indicates an improvement in the company's payment efficiency.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with only a 1% difference between the highest (23%) and lowest (22%) values in the past three periods. However, there has been more volatility in the percentage of invoices paid between 31 and 60 days, with a 3% difference between the highest (69%) and lowest (66%) values. The company's worst period in terms of invoices paid later than 60 days was in the period of Jul 2022 - Dec 2022, with a high of 14%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The company’s standard terms and conditions provide for payment to be made within sixty (60) days of the later of the date: (a) on which the company receives supplier's invoice; or (b) the goods are accepted or the performance of the services is completed. Notwithstanding the standard payment terms described above, the company may agree different payment terms with individual suppliers on a case-by-case basis and as appropriate. Shorter payment terms than the standard have been agreed with respect to various contracts within the reporting period.
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 company's goal is to resolve disputes fairly, quickly and amicably, and suppliers are encouraged to communicate with their usual business contact(s) in respect of any concerns as a first step. Disputes in respect of a contract that cannot be resolved through discussion between the company and a supplier as above are, under the company’s standard terms and conditions, ultimately subject to the jurisdiction of the English courts.
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.
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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
