ESSENCE GLOBAL LIMITED
Company Information
- Company Number
- 05467689
- Registered Address
- Sea Containers, 18 Upper Ground, London, United Kingdom, SE1 9GL
- Status
- Active
- Employee Count
- 493
- Turnover
- £209,108,000
- EBITDA
- £13,671,000
Additional Details
- Website
- https://essenceglobal.com
- Company Type
- Private limited Company
- Incorporated On
- 31 May 2005
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Marketing And Sales
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 101 | 15% | 12% | 73% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 65 | 38% | 27% | 35% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 12 Aug 2020 | 59 | 40% | 29% | 31% | 52% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Feb 2020 | 56 | 44% | 33% | 23% | 54% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 52 | 43% | 25% | 32% | 48% |
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
We pay our media vendors in line with industry standards, dependant on media type, which are between 25 and 60 days from receipt of a valid invoice following the end of the month of media activity. Where appropriate, vendors are required to also provide supporting documentation confirming media activity has run
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
We have a defined dispute resolution process to ensure that all supplier invoices are processed as efficiently as possible. Suppliers are provided with details of the issues that may affect the processing of their invoices and assistance by providing guidance on what is to be provided on their invoices to ensure payment can be made in a timely manner. Our AP helpdesk offers suppliers support through to query resolution and can be contacted via a dedicated e-mail address or phone number. All invoices that are in query are logged and if unresolved at the time of supplier payment, details of the reasons for payment delay are communicated to the relevant suppliers.
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?
❌
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
Essence Global Limited is a global data and measurement-driven media agency that provides integrated marketing solutions to clients across the world. The company was founded in 2005 and has its headquarters in London, United Kingdom.
The company's core mission is to create impactful and sustainable growth for its clients through data-driven insights and innovative solutions. They offer a wide range of services such as media planning and buying, data analytics, digital marketing, and creative services.
In terms of sustainability, Essence Global Limited has a strong commitment to reducing its environmental impact. They have implemented several initiatives to reduce their carbon footprint, including using renewable energy sources, promoting sustainable transportation options, and reducing paper waste.
Their product portfolio includes a variety of services that help brands reach their target audience effectively. This includes their proprietary data platform, Essence Global Exchange (EGX), which provides real-time data and insights to inform media planning and buying decisions. They also offer a programmatic media buying solution, Essence MediaHub, which uses advanced technology to optimize media campaigns.
The company is led by a team of experienced professionals, including CEO Kyoko Matsushita, who has been with the company since its inception. Other key people include Global Chief Strategy Officer, Geri Tuneva, and Global Chief Technology Officer, Andrew Shebbeare.
For more information about Essence Global Limited and its services, you can visit their website at www.essenceglobal.com. Their registered office address is 40 Strand, London, WC2N 5RW, United Kingdom.
