UNIVERSAL PICTURES SUBSCRIPTION TELEVISION LIMITED
Company Information
- Company Number
- 05942255
- Registered Address
- 1 Central St Giles, St Giles High Street, London, WC2H 8NU
- Status
- Active
- Employee Count
- 53.0
- Turnover
- 69201000.0
- EBITDA
- 22918000.0
Additional Details
- Website
- https://nbcuni.com
- Company Type
- Private limited Company
- Incorporated On
- 21 September 2006
- Nature of Business
- 59131 - Motion picture distribution activities$59133 - Television programme distribution activities
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
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 | 41 | 60% | 29% | 11% | 39% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 47 | 62% | 24% | 14% | 41% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 48 | 51% | 24% | 25% | 48% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 48 | 41% | 43% | 16% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 44 | 48% | 34% | 18% | 56% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 41 | 57% | 33% | 11% | 43% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 53 | 63% | 19% | 18% | 40% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 48 | 52% | 27% | 21% | 52% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 41 | 62% | 22% | 15% | 38% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 47 | 53% | 25% | 21% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 44 | 57% | 27% | 16% | 45% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 43 | 61% | 22% | 17% | 47% |
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
Company Review
Trend Analysis
The trend for Universal Pictures Subscription Television Limited's average time to pay invoices has been fluctuating over the past three periods. It has increased from 43 days in Jan 2018 to 47 days in Jan 2019, decreased to 41 days in Jan 2020, and then increased again to 48 days in Jan 2021. However, it has remained consistent at 48 days in Jan 2022 and Jan 2023.
Volatility Analysis
The volatility of Universal Pictures Subscription Television Limited's payment patterns can be seen in the fluctuation of the percentage of invoices paid within 30 days. It has ranged from 53% in Jan 2019 to 63% in Jul 2020, with a slight decrease to 57% in Jan 2021. The volatility is also evident in the percentage of invoices paid later than 60 days, which has fluctuated between 11% in Jul 2023 and 25% in Jul 2022.
Summary Analysis
Over the past three periods, there have been some changes in Universal Pictures Subscription Television Limited's payment patterns. The average time to pay invoices has fluctuated, with a peak of 47 days in Jan 2019 and a low of 41 days in Jan 2020. The percentage of invoices paid within 30 days has also fluctuated, with a high of 62% in Jul 2019 and a low of 48% in Jul 2021. The worst period for late payments was in Jul 2022, with 25% of invoices paid later than 60 days, while the best period for early payments was in Jul 2023, with 60% of invoices paid within 30 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 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.
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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?
No information available
