THE PRESS ASSOCIATION LIMITED
Company Information
- Company Number
- 05946902
- Registered Address
- The Point 37 North Wharf Road, Paddington, London, England, W2 1AF
- Status
- Active
- Employee Count
- 682
- Turnover
- £52,467,000
- EBITDA
- £8,611,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 September 2006
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment,Professional Services
- 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 | 30 Jul 2025 | 20 | 85% | 14% | 1% | 55% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Jul 2024 | 20 | 89% | 11% | 0% | 50% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 26 | 79% | 16% | 5% | 59% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 22 | 75% | 23% | 2% | 65% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 20 | 82% | 16% | 2% | 60% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 19 | 87% | 11% | 2% | 63% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 24 | 74% | 21% | 6% | 71% |
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 contractual length of time for payment of invoices is 30 days from invoice date. A number of freelance suppliers are on zero payment terms to ensure that where possible they are on the next available payment run after invoice approval. • The maximum contractual payment period is 60 days. • Changes to standard payment terms would only be made subject to contractual agreement by both parties.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Accounts Payable team will contact supplier and request details of dispute by email. • On receipt of requested details, the dispute is then referred to the relevant internal recipient of service (“account manager”) to review the details of the dispute and either contact the supplier directly and/or give direction to the Accounts Payable team how they need to handle the dispute. • In the event of the dispute not being satisfactorily resolved by the Accounts Payable team or the account manager, the matter will be referred to the Legal team for further action.
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
The Press Association Limited is a UK-based multimedia news agency that provides a wide range of news, sport, and entertainment content to media outlets around the world. The company was founded in 1868 and has since become a trusted source of information for both traditional and digital media.
The company's main activities include gathering and distributing news stories, photos, and videos from around the world. They also offer a variety of products and services such as data journalism, video production, and content syndication. Their content is used by newspapers, websites, TV and radio stations, and other media platforms.
The Press Association Limited is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have reduced their carbon emissions by 33% since 2001 and have set a goal to achieve net-zero emissions by 2035. They also have a recycling program in place and have reduced their paper usage by 35%.
Some key people at The Press Association Limited include CEO Clive Marshall and Managing Director of News and Sport, Gary Rogers. The company has a team of over 500 journalists, photographers, and videographers who work tirelessly to deliver accurate and timely news content.
To contact The Press Association Limited, you can visit their website at www.pressassociation.com. Their registered office address is at 292 Vauxhall Bridge Road, London, SW1V 1AE, United Kingdom.
