Score of 93.03/100 qualifies for PaymentCheck Certification
| 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 |
|---|---|---|---|---|---|---|
| 28 Sept 2025 - 27 Mar 2026 | 12 May 2026 | 10 | 91% | 6% | 3% | 37% |
| 29 Mar 2025 - 27 Sept 2025 | 27 Oct 2025 | 8 | 93% | 6% | 1% | 23% |
| 29 Sept 2024 - 28 Mar 2025 | 22 Apr 2025 | 8 | 94% | 5% | 1% | 17% |
| 02 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 10 | 92% | 7% | 2% | 27% |
| 02 Oct 2023 - 01 Apr 2024 | 10 May 2024 | 13 | 85% | 10% | 5% | 27% |
| 01 Apr 2023 - 30 Sept 2023 | 28 Nov 2023 | 19 | 85% | 13% | 3% | 40% |
| 01 Oct 2022 - 31 Mar 2023 | 15 May 2023 | 16 | 87% | 9% | 3% | 35% |
| 03 Apr 2022 - 01 Oct 2022 | 19 Dec 2022 | 22 | 74% | 23% | 3% | 27% |
| 03 Oct 2021 - 02 Apr 2022 | 29 Apr 2022 | 22 | 74% | 23% | 3% | 27% |
| 04 Apr 2021 - 02 Oct 2021 | 26 Oct 2021 | 23 | 67% | 29% | 4% | 33% |
| 04 Oct 2020 - 03 Apr 2021 | 30 Apr 2021 | 23 | 62% | 34% | 4% | 26% |
| 29 Sept 2019 - 28 Mar 2020 | 29 May 2020 | 18 | 75% | 20% | 5% | 30% |
| 31 Mar 2019 - 28 Sept 2019 | 25 Oct 2019 | 22 | 73% | 21% | 6% | 37% |
| 30 Sept 2018 - 30 Mar 2019 | 26 Apr 2019 | 24 | 66% | 26% | 8% | 44% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms are 60 days from date of supplier invoice. The standard payment terms for Sole Traders, Utilities, Equipment Rentals, Events & Production vary from 0 days/10 days/15 days/30 days/60 days. Payment terms may be set less than the standard payment terms if contractually agreed.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Industrial Light & Magic offer immediate payment by credit card where accepted.
Maximum contractual payment period agreed
60
Would be to contact ILM London Accounts Payable - accountspayable-lon@ilm.com
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
Industrial Light & Magic (UK) Ltd is the London-based operating entity of Industrial Light & Magic, a visual effects company founded in 1975. The wider ILM group provides visual effects, virtual production and animation services for film, television and streaming productions, operating studios in San Francisco, Vancouver, London, Mumbai and Sydney. Its registered SIC classification covers motion picture production activities. The London studio forms part of ILM's global production pipeline, contributing to feature films, television series and streaming projects using effects, animation and virtual production technology developed across the group. The company remains active and is incorporated in the UK, functioning as part of the broader ILM organisation rather than as an independent standalone studio.
Generated from the company's website and Companies House records. Sources: ilm.com · ilm.com