OUTBRAIN UK LIMITED

Company Information

Company Number
07479183
Registered Address
First Floor, Craven House, 121 Kingsway, London, England, England, WC2B 6PA
Status
Active
Employee Count
138
Turnover
£303,016,000
EBITDA
-£29,353,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 December 2010
Nature of Business
62090 - Other information technology service activities
63110 - Data processing, hosting and related activities
Industries
Marketing And Sales, Software
Region
London

Time to Pay

Average Time to Pay
50 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
30%
31-60 Days
33%
After 60 Days
37%
Not Paid Within Terms57%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-08-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201828 Jan 20195123%41%35%70%
01 Jan 2018 - 30 Jun 201831 Jul 20185125%40%35%65%

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

As per the nature of our business, the majority of the payments (72%) are made to publishers. There are agreements between Outbrain UK and each publisher which define the payment terms. The terms vary according to the country where the billing address is located. More details can be found on the company's website using this link: https://www.outbrain.com/legal/tos#engage-terms. For all the other suppliers, we follow the payments terms as per the invoice received.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

There is a dedicated email address (euaccountspayable@outbrain.com) for any AP queries. This address is widely communicated to our suppliers and there is a dedicated team member that takes care of this email inbox. Any disputes or complaints are handled by email or a phone call.

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

OUTBRAIN UK LIMITED is a digital media company based in London, United Kingdom. The company specializes in providing content recommendations to online publishers and advertisers. It was founded in 2006 and has since become a leading company in the industry.

The company's sustainability program focuses on reducing its carbon footprint and promoting environmental sustainability. OUTBRAIN UK LIMITED has implemented energy-efficient practices in its offices and encourages its employees to adopt sustainable habits. The company also partners with organizations to support sustainability initiatives and reduce waste.

The products and services offered by OUTBRAIN UK LIMITED include content recommendation technology, which helps publishers and advertisers reach their target audience through personalized recommendations. The company also offers analytics and reporting tools to help clients measure the success of their campaigns.

The key people at OUTBRAIN UK LIMITED include CEO David Kostman, who has been with the company since its inception, and Eytan Galai, the company's co-founder and Chief Strategy Officer. They lead a team of experienced professionals who work towards providing innovative solutions to clients.

The company's registered office address is at 5 New Street Square, London EC4A 3TW, United Kingdom. Their website, www.outbrain.com, provides detailed information about their products and services, as well as a contact form for inquiries and support. OUTBRAIN UK LIMITED can also be reached via phone at +44 20 3859 5770.

Financial Metrics

Cash
£17,463,122
Net Worth
-£5,189,865
Total Current Assets
£109,321,887
Total Current Liabilities
£168,345,363

Company Location