UNIVERSAL PICTURES INTERNATIONAL UK EIRE LIMITED

Company Information

Company Number
05928737
Registered Address
1 Central St. Giles, St. Giles High Street, London, WC2H 8NU
Status
Active
Employee Count
28.0
Turnover
83358000.0
EBITDA
2528000.0

Additional Details

Company Type
Private limited Company
Incorporated On
8 September 2006
Nature of Business
59131 - Motion picture distribution activities$70100 - Activities of head offices
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Company Location

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Financial Metrics

Cash
£0.00
Net Worth
£3,764,000.00
Total Current Assets
£11,219,000.00
Total Current Liabilities
£7,455,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
36 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
80%
31-60 Days
14%
After 60 Days
6%
Not Paid Within Terms16%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20243680%14%6%16%
01 Jan 2023 - 30 Jun 202331 Jul 20234268%23%10%29%
01 Jul 2022 - 31 Dec 202230 Jan 20233776%17%7%21%
01 Jan 2022 - 30 Jun 202229 Jul 20223680%12%8%17%
01 Jul 2021 - 31 Dec 202128 Jan 20223568%27%6%29%
01 Jan 2021 - 30 Jun 202128 Jul 20216142%29%28%58%
01 Jul 2020 - 31 Dec 202028 Jan 20217735%31%34%64%
01 Jan 2020 - 30 Jun 202031 Jul 20204658%25%16%40%
01 Jul 2019 - 31 Dec 201928 Jan 20203966%23%11%33%
01 Jan 2019 - 30 Jun 201923 Jul 20194764%26%10%36%
01 Jul 2018 - 31 Dec 201828 Jan 20193579%14%7%12%
01 Jan 2018 - 30 Jun 201824 Jul 20184074%16%10%19%

Company Summary

Universal Pictures International UK & Eire Limited is a leading film distribution company in the United Kingdom and Ireland

They are a subsidiary of Universal Pictures, a major American film studio and one of the oldest and most renowned in the world

The company's main activities include acquiring, marketing, and distributing films to cinemas and home entertainment platforms in the UK and Ireland

They work with a wide range of filmmakers and production companies to bring a diverse range of high-quality films to audiences

Some of their recent releases include blockbusters such as Jurassic World: Fallen Kingdom, Fast & Furious Presents: Hobbs & Shaw, and 1917

Universal Pictures International UK & Eire Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact

They have a sustainability program that focuses on reducing energy consumption, waste, and carbon footprint in their operations

They also work with their partners and suppliers to promote sustainable practices in film production

The company offers a range of products and services to their customers, including theatrical releases, home entertainment releases, and digital distribution

They also offer marketing and promotional services to help promote and drive audience interest in films

Additionally, they have a dedicated team that handles the distribution of films to cinemas and works closely with exhibitors to ensure smooth and successful releases

The key people at Universal Pictures International UK & Eire Limited include the Managing Director, Pauline Grimaldi d'Esdra, and the Senior Vice President of International Marketing, Niels Swinkels

They lead a team of experienced professionals who are passionate about bringing the best films to audiences in the UK and Ireland

For more information on Universal Pictures International UK & Eire Limited, their website address is www.universalpictures.com/uk

Their registered office address is 1 Central St Giles, St Giles High Street, London WC2H 8NU, United Kingdom

Company Review

Trend Analysis

The data shows a fluctuating trend for Universal Pictures International UK & Eire Limited's average time to pay invoices. In the first two periods (2018-01-01 to 2019-06-30), the average time to pay decreased from 40 to 35 days, but then increased to 47 days in the next period. It then decreased again to 39 days in the following period, before increasing to 46 days in the first half of 2020. The second half of 2020 saw a significant increase to 77 days, followed by a decrease to 61 days in the first half of 2021. The most recent period (2021-07-01 to 2023-06-30) shows a slight increase to 64 days.

Volatility Analysis

The data also shows a high level of volatility in the company's invoice payment behavior. In the first period (2018-01-01 to 2018-06-30), the percentage of invoices paid within 30 days was 74%, but this dropped to 66% in the next period. It then increased to 80% in the following period, before dropping to 58% in the first half of 2020. The second half of 2020 saw a significant decrease to 35%, followed by an increase to 42% in the first half of 2021. The most recent period shows a slight decrease to 35%.

Summary Analysis

Looking at the average time to pay, there was an overall increase from the first period (40 days) to the most recent period (42 days). However, there were periods of decrease in between. The percentage of invoices paid within 30 days also shows a similar trend, with a decrease in the most recent period compared to the first period. The worst period for late payments was the second half of 2020, where 34% of invoices were paid later than 60 days. The shortest standard payment period for the company has remained constant at 1 day throughout all the periods.

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 net 30 days, from date of invoice.

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.

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