ENTERTAINMENT MAGPIE LIMITED
Company Information
- Company Number
- 06277562
- Employee Count
- 569
- Turnover
- £110,067,000
- EBITDA
- £6,166,000
Additional Details
- Industries
- Creative,Media And Publishing
- Region
- North West
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 Dec 2023 - 31 May 2024 | 26 Jun 2024 | 5 | 94% | 5% | 1% | 14% |
| 01 Jun 2023 - 30 Nov 2023 | 31 Jan 2024 | 4 | 97% | 2% | 1% | 12% |
| 01 Dec 2022 - 31 May 2023 | 31 Jan 2024 | 4 | 97% | 2% | 1% | 17% |
| 01 Jun 2022 - 30 Nov 2022 | 28 Feb 2023 | 4 | 97% | 2% | 1% | 14% |
| 01 Dec 2021 - 31 May 2022 | 21 Sept 2022 | 3 | 98% | 2% | 0% | 14% |
| 01 Jun 2021 - 30 Nov 2021 | 21 Feb 2022 | 3 | 97% | 2% | 1% | 11% |
| 01 Dec 2020 - 31 May 2021 | 12 Oct 2021 | 3 | 98% | 2% | 0% | 11% |
| 01 Jun 2020 - 30 Nov 2020 | 24 Dec 2020 | 3 | 98% | 2% | 0% | 11% |
| 01 Dec 2018 - 31 May 2019 | 26 Jun 2019 | 3 | 98% | 1% | 1% | 15% |
| 01 Jun 2017 - 30 Nov 2017 | 06 Dec 2017 | 5 | 94% | 5% | 2% | 17% |
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 company's standard payment period is the contractual payment period set out in the supply contract. These vary between contracts and are typically as follows: For goods purchased from consumer suppliers payments are made the same working day for goods received on monday to friday before 2pm. If goods are received after 2pm, the supplier is paid the next working day. For goods purchased from other suppliers payment is made within 30 days following the end of the month of the invoice date.
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
90
Dispute Resolution Process
If a supplier should for any reason have any complaints they can contact the relevant department dealing with their order or customer.complaints@musicmagpie.co.uk. All complaints correspondence is dealt with via email or letter and the company will acknowledge and respond to the initial complaint within two working days. If a supplier is not satisfied with the response they can appeal against this. The company will respond to all appeals within three working days and issue final response.
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
Entertainment Magpie Limited is a UK-based company that specializes in buying and selling second-hand entertainment products. Founded in 2007, the company has grown to become one of the leading providers of pre-owned DVDs, CDs, games, and books.
The company's sustainability program focuses on reducing waste and promoting recycling. They achieve this by encouraging customers to trade in their unwanted items for cash or store credit, which are then refurbished and resold. This not only helps to reduce the amount of waste going into landfills but also provides affordable entertainment options for customers.
Entertainment Magpie Limited offers a wide range of products, including DVDs, CDs, games, and books, at affordable prices. They also have a selection of brand new products, including the latest releases in music, movies, and games. The company also offers a buyback service, where customers can sell their unwanted items for cash or store credit.
The key people at Entertainment Magpie Limited include CEO and co-founder Steve Oliver, COO and co-founder Walter Gleeson, and CFO Ed Parkinson. The company's registered office address is Unit 2, The Western Gateway, 23-25, Belmore Way, Fairfield Industrial Park, Louth, Lincolnshire, LN11 0LQ.
Customers can contact Entertainment Magpie Limited through their website, www.entertainmentmagpie.co.uk, or by phone at 0333 300 1000. The company also has a strong presence on social media, with active accounts on Facebook, Twitter, and Instagram. Overall, Entertainment Magpie Limited is a sustainable and customer-focused company, providing affordable entertainment options while also promoting environmental responsibility.
