MEDIATONIC LIMITED

PaymentCheck Score 2024
88Good
6.8vs last year
#1209 in UK
#22 in Digital Entertainment
#561 in London

Company Information

Company Number
05565220
Registered Address
C/O Shepherd And Wedderburn Llp, 1-6 Lombard Street, London, England, EC3V 9AA
Status
Active
Employee Count
114
Turnover
£57,380,000
EBITDA
-£13,136,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 September 2005
Nature of Business
62011 - Ready-made interactive leisure and entertainment software development
Industries
Digital Entertainment, Lifestyle And Entertainment, Media And Publishing, Software
Region
London

Time to Pay

Average Time to Pay
11 days
Shortest Period:0 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
89%
31-60 Days
6%
After 60 Days
5%
Not Paid Within Terms48%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

MEDIATONIC LIMITED exhibits a strong trend of prompt payments, with an average payment time of 11 days and 89% of invoices settled within 30 days. This indicates a consistent and efficient payment trajectory for the majority of their obligations, suggesting a reliable operational standard.

Volatility Analysis

Despite the fast average, the 48% late payment rate introduces significant volatility and unpredictability for individual invoices, indicating some inconsistency in adherence to due dates. A combined 11% of payments extending beyond 30 days, with 5% exceeding 60 days, highlights a moderate risk of extended delays for a segment of transactions, impacting cash flow reliability.

Summary Analysis

MEDIATONIC LIMITED presents a dual payment profile: generally fast but with a considerable proportion of late payments that could cause occasional cash flow disruptions. Suppliers should factor in the potential for specific invoices to experience delays despite the low average, and consider clear payment terms with proactive follow-up for effective risk mitigation.

Performance Reports History

Reporting Period Filed: 2025-04-14
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202414 Apr 20251189%6%5%48%
01 Jan 2024 - 30 Jun 202408 Apr 20251189%4%7%18%
01 Jul 2023 - 31 Dec 202308 Apr 20252480%10%10%49%
01 Jan 2023 - 30 Jun 202308 Apr 20251385%12%3%40%

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

The standard payment terms are 45 days from the date of supplier invoice. The standard payment terms for Sole Traders (influencers), Utilities, Equipment Rentals, vary from 0 days to 45 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 information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

45

Dispute Resolution Process

For dispute resolution and any general AP inquiries please contact: AP-international@epicgames.com

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

Company Summary

Mediatonic Limited operates as an active private limited company. It functions as a legal business entity established in the United Kingdom.

Incorporated on 15 September 2005, the company is registered under company number 05565220. Its registered office is located in London at C/O Shepherd And Wedderburn Llp, 1-6 Lombard Street, London, England, EC3V 9AA.

Private limited companies in the UK market typically provide a diverse range of commercial goods and services. This can include operations across sectors such as retail, manufacturing, consultancy, or digital and professional services, all aimed at conducting business and generating revenue.

Financial Metrics

Cash
£8,900,000
Net Worth
-£33,400,000
Total Current Assets
£23,000,000
Total Current Liabilities
£59,100,000

Company Location