NBCUNIVERSAL INTERNATIONAL NETWORKS ACQUISITIONS LIMITED
Company Details
Registration Number
05308780
Registered Address
1 Central St. Giles St. Giles High Street London WC2H 8NU
Company Status
Active
Employee Count
3
Turnover
£3,183,076
EBITDA
£62,802
Additional Information
Website
letsgoconnected.euCompany Type
Private limited Company
Incorporated on
9 December 2004
Nature of Business (SIC)
59131 - Motion picture distribution activities
59132 - Video distribution activities
59133 - Television programme distribution activities
Industries
Films and TV
Region
LondonCompany Location
Financial Overview
£0
£2,053,880
Last Reporting Period
Filed
31 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
16 days
Payment Periods
Shortest
1 days
Longest
60 days
Max Contractual
30 days
Payment Timeline
Not Paid Within Terms
100%
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 | 16 | 100% | 0% | 0% | 100% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 113 | 17% | 8% | 75% | 92% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 47 | 33% | 50% | 17% | 33% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 50 | 30% | 50% | 20% | 40% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 62 | 50% | 25% | 25% | 45% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 45 | 18% | 73% | 9% | 55% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 66 | 40% | 0% | 60% | 60% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 62 | 38% | 31% | 31% | 69% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 40 | 58% | 23% | 19% | 33% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 110 | 10% | 29% | 61% | 90% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 110 | 43% | 15% | 42% | 85% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 107 | 44% | 19% | 36% | 64% |
Company Summary
NBCUNIVERSAL INTERNATIONAL NETWORKS ACQUISITIONS LIMITED is a global media and entertainment company that operates various television networks and digital platforms
They are committed to sustainability and have implemented various initiatives to reduce their environmental impact
Their sustainability program includes reducing energy consumption, minimizing waste, and promoting responsible sourcing and production practices
They also prioritize diversity and inclusion in their operations and strive to create a positive social impact in the communities they operate in
As part of their products and services, NBCUNIVERSAL INTERNATIONAL NETWORKS ACQUISITIONS LIMITED offers a wide range of entertainment options, including popular TV shows, movies, and sports broadcasts
They also have a strong digital presence, with streaming services and online content available to consumers
The key people at NBCUNIVERSAL INTERNATIONAL NETWORKS ACQUISITIONS LIMITED include CEO Jeff Shell and Chairman of Global Distribution and International Kevin MacLellan
Both have extensive experience in the media industry and are committed to driving the company's growth and sustainability efforts
For more information on NBCUNIVERSAL INTERNATIONAL NETWORKS ACQUISITIONS LIMITED and their sustainability efforts, visit their website at www.nbcuniversal.com/international
Their registered office address is 1 Central St Giles, St Giles High Street, London, WC2H 8NU, United Kingdom
Company Review
Trend Analysis
The average time taken for NBCUniversal International Networks Acquisitions Limited to pay their invoices has fluctuated over the past 3 years. It started at 107 days in the first half of 2018, decreased to 40 days in the second half of 2019, and then increased again to 113 days in the first half of 2023.
Volatility Analysis
The volatility of NBCUniversal International Networks Acquisitions Limited's payment patterns can be seen in the significant changes in the percentage of invoices paid within 30 days and later than 60 days. In the first half of 2019, the percentage of invoices paid within 30 days dropped to 10%, while the percentage paid later than 60 days increased to 61%. This trend continued in the second half of 2023, with the percentage of invoices paid within 30 days reaching 100% and the percentage paid later than 60 days dropping to 0%.
Summary Analysis
In the first half of 2018, NBCUniversal International Networks Acquisitions Limited took an average of 107 days to pay their invoices. 44% of their invoices were paid within 30 days, while 36% were paid later than 60 days. In the first half of 2023, the average time taken to pay invoices increased to 113 days, with only 17% of invoices being paid within 30 days and 75% being paid later than 60 days.
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 based on contractual agreement.
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?
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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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