| 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 |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 60 | 54% | 23% | 23% | 49% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 47 | 59% | 19% | 22% | 52% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 46 | 34% | 47% | 19% | 75% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 44 | 46% | 34% | 20% | 53% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 53 | 46% | 39% | 14% | 68% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 34 | 64% | 22% | 14% | 69% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 42 | 61% | 22% | 17% | 51% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 37 | 63% | 30% | 7% | 48% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 32 | 77% | 10% | 13% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 36 | 71% | 10% | 19% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 98 | 50% | 25% | 25% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most common payment terms of invoices paid in the period are net 30 days, from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Vendors classified as Freelancer are assign 14 days as payment terms.
Maximum contractual payment period agreed
30
Disputes are resolved with the claimant by negotiation involving the business, accounts payable and NBCU Business lead counsel, and if required litigation counsel will be contacted.
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.
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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.
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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.
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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
Universal Studios Limited is a multinational entertainment company that is best known for its theme parks and film production. The company was founded in 1912 and has its headquarters in California, USA.
Sustainability is a key focus for Universal Studios Limited, and they have implemented various programs and initiatives to reduce their environmental impact. These include using renewable energy sources, promoting recycling and waste reduction, and implementing sustainable practices in their theme parks and film production.
Universal Studios Limited offers a wide range of products and services, including theme park experiences, film and television production, and merchandising. Their theme parks, located in various countries, offer exciting rides, shows, and attractions based on popular movies and TV shows. The company also produces blockbuster films and TV shows that are distributed globally.
The key people at Universal Studios Limited include the Chairman and CEO, Ron Meyer, and Vice Chairman, Jeff Shell, both of whom have extensive experience in the entertainment industry. The company also has a team of creative and innovative individuals who bring their talents to the production of their films and theme park experiences.
For more information, including contact details and current news, visit Universal Studios Limited's website at www.universalstudios.com. The registered office address is 100 Universal City Plaza, Universal City, California, 91608, USA. With its commitment to sustainability and a wide range of exciting products and services, Universal Studios Limited continues to be a leading player in the entertainment industry.