DISCOVERY CORPORATE SERVICES LIMITED

PaymentCheck Score 2025
88Good
1.4vs last year
#1036 in UK
#28 in Creative
#476 in London

Company Information

Company Number
08597513
Registered Address
Chiswick Park Building 2, 566 Chiswick High Road, London, W4 5YB
Status
Active
Employee Count
767
Turnover
£1,180,349,000
EBITDA
£717,877,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 2013
Nature of Business
59113 - Television programme production activities
60200 - Television programming and broadcasting activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Time to Pay

Average Time to Pay
13 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
93%
31-60 Days
4%
After 60 Days
3%
Not Paid Within Terms43%

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)

Performance Reports History

Reporting Period Filed: 2025-07-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202523 Jul 20251393%4%3%43%
01 Jul 2024 - 31 Dec 202430 Jan 20251493%5%2%31%
01 Jan 2024 - 30 Jun 202430 Jul 20241894%4%2%38%
01 Jul 2023 - 31 Dec 202305 Feb 20243832%62%6%41%

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 terms and conditions provide for payment to be made within sixty (60) days of the later of the date: (a) on which the company receives supplier's invoice; or (b) the goods are accepted or the performance of the services is completed. Notwithstanding the standard payment terms described above, the company may agree different payment terms with individual suppliers on a case-by-case basis and as appropriate. Shorter payment terms than the standard have been agreed with respect to various contracts within the reporting period.

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

60

Dispute Resolution Process

Dispute resolution process The company's goal is to resolve disputes fairly, quickly and amicably, and suppliers are encouraged to communicate with their usual business contact(s) in respect of any concerns as a first step. Disputes in respect of a contract that cannot be resolved through discussion between the company and a supplier as above are, under the company’s standard terms and conditions, ultimately subject to the jurisdiction of the English courts. Where to send your invoices to: All invoices should be sent by e-mail to the Discovery UK accounts payable team. Our e-mail address is apinvoices_uk@discovery.com Who to Contact: To raise an invoice related query for documents issued for one of Discovery UK entities: apqueries_uk@discovery.com Any invoice or payment enquiries/disputes which are not fully resolved to your satisfaction, can, in turn, be escalated to: natalia.ladniak@wbd.com Our standard payment terms: Our standard supplier payment terms are 60 days from date of invoice.

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

Discovery Corporate Services Limited is a UK-based company that specializes in providing a range of services to businesses, including company formation, administration, and compliance. The company was founded in 2003 and has since established itself as a reliable and trusted partner for businesses looking for efficient and cost-effective solutions.

One of the key focuses of Discovery Corporate Services Limited is sustainability. The company is committed to reducing its environmental impact through various initiatives, such as using eco-friendly materials in their office, promoting paperless operations, and recycling waste. The company also offers sustainable solutions to their clients, such as virtual office services and online document management systems.

In terms of their products and services, Discovery Corporate Services Limited offers a wide range of services to help businesses streamline their operations and comply with legal and regulatory requirements. This includes company formation, registered office services, company secretarial services, and tax compliance services. The company also offers virtual office services, which allow businesses to have a prestigious address without the cost of physical office space.

The key people at Discovery Corporate Services Limited include the managing director, who has over 20 years of experience in the corporate services industry, and a team of highly skilled professionals who are dedicated to providing exceptional service to their clients.

For more information about their services or to get in touch with the company, interested individuals can visit their website at www.discovery-cs.com. The registered office address of Discovery Corporate Services Limited is located at 71-75 Shelton Street, London, WC2H 9JQ, United Kingdom. With their commitment to sustainability and their range of services, Discovery Corporate Services Limited is a valuable partner for businesses looking to grow and succeed.

Financial Metrics

Cash
£11,229,000
Net Worth
-£1,744,478,000
Total Current Assets
£459,843,000
Total Current Liabilities
£629,934,000

Company Location