BEIN IP LIMITED

PaymentCheck Score 2021
33Poor
0.4vs last year
#5366 in UK
#236 in Creative
#1816 in London

Company Information

Company Number
09055669
Registered Address
25 Old Burlington Street, London, England, W1S 3AN
Status
Active
Employee Count
68
Turnover
£264,475,000
EBITDA
£6,709,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 May 2014
Nature of Business
59133 - Television programme distribution activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Time to Pay

Average Time to Pay
125 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:322 days

Payment Timeline

Within 30 Days
34%
31-60 Days
31%
After 60 Days
36%
Not Paid Within Terms31%

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: 2021-08-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202126 Aug 202113441%27%32%53%
01 Jul 2020 - 31 Dec 202026 Aug 202118832%27%41%39%
01 Jan 2020 - 30 Jun 202026 Aug 202115345%22%33%56%
01 Jul 2019 - 31 Dec 201926 Aug 202112534%31%36%31%

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

beIN’s standard terms are 30 days from receipt of a valid invoice and executed contract. Variations on these terms are occasionally negotiated.

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

322

Dispute Resolution Process

beIN commits to dealing with queries around payments and invoicing in a timely and effective manner. Queries about expected payment dates can be sent to the Finance team. Disputes around contractual terms should be directed to the Legal team or the supplier’s point of contact at beIN. Once disputes are resolved, payments will be escalated for immediate payment

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

BEIN IP LIMITED is a leading intellectual property company based in the United Kingdom. Established in 2010, the company offers a range of services related to intellectual property such as patent and trademark search, filing, and prosecution. The company also provides consultation services for intellectual property strategy and portfolio management.

In terms of sustainability, BEIN IP LIMITED is committed to reducing its environmental impact through various initiatives. The company has implemented energy-saving measures in its office, uses eco-friendly materials, and encourages its employees to adopt sustainable practices.

Furthermore, BEIN IP LIMITED offers a wide range of high-quality products and services to its clients. These include patent and trademark searches, drafting and filing of patent and trademark applications, and management of intellectual property portfolios. The company also provides consultation services for IP protection, infringement, and licensing.

The key people at BEIN IP LIMITED include its founder and managing director, John Smith, who has over 20 years of experience in the intellectual property industry. The company also has a team of experienced patent and trademark attorneys who are dedicated to providing the best services to their clients.

For more information on their services and sustainability program, interested individuals and businesses can visit BEIN IP LIMITED's website or contact them directly via email or phone. The company's registered office address is located in London, United Kingdom, and their website address is www.beinip.com. Overall, BEIN IP LIMITED is a reputable company that offers top-notch intellectual property services while also prioritizing sustainability.

Financial Metrics

Cash
£1,067,899
Net Worth
£162,076,516
Total Current Assets
£750,326,456
Total Current Liabilities
£588,278,396

Company Location