UNIVERSAL PICTURES SUBSCRIPTION TELEVISION LIMITED

PaymentCheck Score 2024
63Fair
0.7vs last year
#3423 in UK
#87 in Digital Entertainment
#1378 in London

Company Information

Company Number
05942255
Registered Address
1 Central St Giles, St Giles High Street, London, WC2H 8NU
Status
Active
Employee Count
94
Turnover
£100,778,000
EBITDA
£45,603,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 September 2006
Nature of Business
59131 - Motion picture distribution activities
59133 - Television programme distribution activities
Industries
Digital Entertainment, Media And Publishing
Region
London

Time to Pay

Average Time to Pay
30 days
Shortest Period:1 days
Longest Period:120 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
0%
31-60 Days
7%
After 60 Days
93%
Not Paid Within Terms100%

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)

Performance Reports History

Reporting Period Filed: 2024-07-31
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 202431 Jan 20253957%31%12%44%
01 Jul 2023 - 31 Dec 202331 Jan 20244160%29%11%39%
01 Jan 2023 - 30 Jun 202331 Jul 20234762%24%14%41%
01 Jan 2022 - 30 Jun 202229 Jul 20224841%43%16%61%
01 Jul 2021 - 31 Dec 202128 Jan 20224448%34%18%56%
01 Jan 2021 - 30 Jun 202126 Jul 20214157%33%11%43%
01 Jan 2020 - 30 Jun 202030 Jul 20204852%27%21%52%
01 Jul 2019 - 31 Dec 201928 Jan 20204162%22%15%38%
01 Jan 2019 - 30 Jun 201912 Jul 20194753%25%21%47%
01 Jul 2018 - 31 Dec 201828 Jan 20194457%27%16%45%
01 Jan 2018 - 30 Jun 201824 Jul 20184361%22%17%47%

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 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 information available

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

Company Summary

Universal Pictures Subscription Television Limited (UPST) is a subsidiary of Universal Pictures, a major film production and distribution company. UPST is primarily involved in providing subscription-based television services to customers in the United Kingdom.

The company offers a wide range of popular and award-winning films, TV shows, and original content through its subscription platform. Customers can access these services through various devices, including smart TVs, laptops, and mobile devices. UPST also offers on-demand content, allowing customers to watch their favorite shows and movies at their convenience.

As part of their commitment to sustainability, UPST has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing paper waste through digital billing, and promoting energy-efficient practices throughout their operations.

The key people at UPST include the managing director, who oversees the day-to-day operations of the company, and the chief financial officer, who manages the financial aspects of the business.

Customers can contact UPST through their website, which also provides information about their services, pricing, and frequently asked questions. The registered office address for UPST is 1 Central St. Giles, St Giles High St, London WC2H 8NU, United Kingdom.

In summary, Universal Pictures Subscription Television Limited is a leading provider of subscription-based television services in the UK, offering a diverse range of content and promoting sustainability through various initiatives. Their key personnel and contact information can be found on their website.

Financial Metrics

Cash
£1,267,000
Net Worth
-£33,493,000
Total Current Assets
£15,466,000
Total Current Liabilities
£48,959,000

Company Location