BBC GRAFTON HOUSE PRODUCTIONS LIMITED

PaymentCheck Score 2021
89Good
5.1vs last year
#1073 in UK
#27 in Creative
#510 in London

Company Information

Company Number
08539875
Registered Address
1 Television Centre, 101 Wood Lane, London, United Kingdom, W12 7FA
Status
Active
Employee Count
0
Turnover
£20,971,000
EBITDA
-£1,285,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 May 2013
Nature of Business
60200 - Television programming and broadcasting activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
92%
31-60 Days
7%
After 60 Days
1%
Not Paid Within Terms12%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The data for BBC GRAFTON HOUSE PRODUCTIONS LIMITED shows a general trend of improving invoice payment times over the past three periods. The average time to pay invoices has decreased from 23 days in the period of Oct 2018 to Mar 2019, to 15 days in the period of Apr 2019 to Sep 2019, and then further to 10 days in the period of Apr 2020 to Sep 2020. This could indicate a focus on improving payment processes and efficiency within the company. However, the last recorded period (Apr 2021 to Sep 2021) shows a slight increase to 15 days, which could be worth monitoring in future periods.

Volatility Analysis

The data for BBC GRAFTON HOUSE PRODUCTIONS LIMITED shows a decreasing trend in volatility over the past three periods. The percentage of invoices paid within 30 days has consistently been above 79% in all three periods, indicating a stable payment process. The percentage of invoices paid between 31 and 60 days has also consistently decreased, from 16% in the period of Oct 2018 to Mar 2019, to 7% in the period of Apr 2021 to Sep 2021. This could be a result of improved payment processes or stricter enforcement of payment terms.

Summary Analysis

In the last three recorded periods, BBC GRAFTON HOUSE PRODUCTIONS LIMITED has shown a consistent trend of improving invoice payment times and decreasing volatility. The average time to pay invoices has decreased from 23 days to 15 days, with a slight increase to 21 days in the most recent period. The percentage of invoices paid within 30 days has consistently been above 79%, while the percentage of invoices paid between 31 and 60 days has consistently decreased. However, there is still room for improvement, as 3% of invoices were paid later than 60 days in the most recent period.

Performance Reports History

Reporting Period Filed: 2021-10-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2021 - 31 Mar 202229 Apr 2022
01 Apr 2021 - 30 Sept 202126 Oct 20211592%7%1%12%
01 Oct 2020 - 31 Mar 202126 Apr 20212182%15%3%34%
01 Apr 2020 - 30 Sept 202026 Oct 20201097%2%1%21%
01 Oct 2019 - 31 Mar 202029 Apr 20201493%6%1%19%
01 Apr 2019 - 30 Sept 201931 Oct 20191592%8%0%19%
01 Oct 2018 - 31 Mar 201918 Apr 20192379%16%5%39%
01 Apr 2018 - 30 Sept 201819 Oct 20182079%18%3%44%

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

30 days from invoice date

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

30

Dispute Resolution Process

Vendors are directed to the production accountant in the first instance who will investigate any disputes or complaints raised by the vendor. If resolution of their dispute or complaint is not satisfactory there is a further escalation process which suppliers can email and this will be investigated and resolved by the Production Accounting Manager/Finance Business Partner

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

BBC Grafton House Productions Limited is a subsidiary company of the British Broadcasting Corporation (BBC) that specializes in television production. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

The company offers a wide range of television production services, including drama, comedy, documentaries, and children's programming. Some of their notable productions include "Sherlock," "Doctor Who," and "EastEnders."

BBC Grafton House Productions Limited has a strong focus on sustainability and has set targets to reduce its carbon footprint, waste production, and water consumption. The company also uses sustainable materials and energy-efficient practices in its productions.

The key people at BBC Grafton House Productions Limited include the managing director, executive producers, and production managers who work closely with the BBC to ensure the high-quality production of their programs.

The company's website address is www.bbc.co.uk/graftonhouse and their registered office address is Broadcasting House, Portland Place, London, W1A 1AA. Overall, BBC Grafton House Productions Limited is a leading television production company that is dedicated to sustainability and providing top-quality programming to its viewers.

Financial Metrics

Cash
£9,000
Net Worth
£6,542,000
Total Current Assets
£10,214,000
Total Current Liabilities
£3,672,000

Company Location