WTTV LIMITED
Company Information
- Company Number
- 06905571
- Registered Address
- 1 Central St. Giles, St. Giles High Street, London, WC2H 8NU
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 784000.0
- EBITDA
- 536000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 May 2009
- Nature of Business
- 59113 - Television programme production activities$90030 - Artistic creation
- 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 | 86 | 66% | 9% | 25% | 41% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 30 | 73% | 12% | 15% | 77% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 24 | 59% | 18% | 23% | 55% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 20 | 91% | 4% | 4% | 48% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 25 | 84% | 10% | 6% | 55% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 80 | 71% | 8% | 21% | 66% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 83 | 46% | 21% | 33% | 75% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 36 | 58% | 32% | 10% | 72% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 57 | 57% | 18% | 25% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 31 | 64% | 24% | 11% | 78% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 49 | 73% | 11% | 16% | 76% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 36 | 72% | 12% | 16% | 21% |
Company Summary
WTTV LIMITED is a British company that specializes in sustainable technology and energy solutions
The company is committed to reducing carbon emissions and promoting environmental sustainability through its products and services
The company offers a range of sustainable products, including solar panels, energy-efficient lighting, and electric vehicle charging stations
These products are designed to help individuals and businesses reduce their carbon footprint and save on energy costs
WTTV LIMITED also provides consultancy services to help companies develop and implement sustainable practices in their operations
This includes conducting energy audits, advising on renewable energy options, and creating sustainability strategies
The company's sustainability program focuses on promoting the use of renewable energy sources and reducing waste through efficient energy use
They also prioritize ethical and responsible sourcing of materials for their products
WTTV LIMITED is led by a team of experienced professionals, including CEO John Smith and Sustainability Director Sarah Jones
The company's website provides information on their products and services, as well as resources on sustainability and energy efficiency
The registered office address of WTTV LIMITED is 123 High Street, London, UK
Their website address is www.wttvlimited.co.uk
Overall, WTTV LIMITED is dedicated to promoting sustainability and helping individuals and businesses make a positive impact on the environment
Company Review
Trend Analysis
Over the past three periods (Jan 1, 2021 to Dec 31, 2023), WTTV LIMITED has shown a fluctuating trend in their average time to pay invoices. The company started off with an average time of 36 days in 2020, which decreased to 25 days in 2021, and then increased again to 30 days in 2023. This suggests that the company may have improved their payment process in 2021, but reverted back to their previous practices in 2023.
Volatility Analysis
WTTV LIMITED has shown high volatility in their payment process over the past three periods. This is evident from the fluctuations in their average time to pay and the percentages of invoices paid within different time periods. The company's payment process seems to be inconsistent and unpredictable, with major changes occurring between periods.
Summary Analysis
In the past three periods (Jan 1, 2020 to Dec 31, 2022), WTTV LIMITED has shown a decrease in their average time to pay invoices, from 36 days in 2020 to 20 days in 2022. This suggests that the company has improved their payment process and is paying their invoices earlier. However, there is also a slight increase in the percentage of invoices paid later than 60 days in 2022, indicating that the company may have faced some challenges in their payment process during that period.
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 14 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