UNIVERSAL STUDIOS LIMITED
Company Information
- Company Number
- 09074960
- Registered Address
- 1 Central St. Giles, St. Giles High Street, London, WC2H 8NU
- Status
- Active
- Employee Count
- 107.0
- Turnover
- 2377391000.0
- EBITDA
- 224766000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 6 June 2014
- Nature of Business
- 59131 - Motion picture distribution activities$59132 - Video distribution activities$59133 - Television programme distribution activities$70100 - Activities of head offices
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 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 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 43 | 51% | 34% | 15% | 46% |
| 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 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 43 | 63% | 14% | 23% | 48% |
| 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% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 55 | 31% | 38% | 30% | 59% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 |
Company Summary
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
Company Review
Trend Analysis
The trend for Universal Studios Limited's average time to pay invoices has fluctuated over the past five years, with a slight overall decrease from 2018 to 2023. The percentage of invoices paid within 30 days has also shown a decreasing trend, while the percentage of invoices paid between 31 and 60 days has increased. However, there has been a significant decrease in the percentage of invoices paid later than 60 days.
Volatility Analysis
The volatility in Universal Studios Limited's average time to pay invoices has been relatively low, with only a few periods showing significant changes. The biggest changes were seen in 2018, when the company had a 98% average time to pay and in 2023, when it had a 46% average time to pay. The volatility in the percentage of invoices paid within 30 days has also been low, with only small fluctuations over the years.
Summary Analysis
From 2018 to 2021, Universal Studios Limited's average time to pay invoices decreased from 98 days to 34 days, with the biggest decrease occurring in 2019. The percentage of invoices paid within 30 days also decreased from 50% to 64%, while the percentage of invoices paid between 31 and 60 days increased from 25% to 22%. However, there was a significant decrease in the percentage of invoices paid later than 60 days, from 25% to 14%. The company's best period for early payment was in 2019, when 77% of invoices were paid within 30 days, while its worst period for late payment was in 2018, when 25% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
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
Any other information about payment terms
Vendors classified as Freelancer are assign 14 days as payment terms.
Maximum contractual payment period agreed
30
Dispute Resolution Process
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.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available