TWITCH UK LIMITED
Company Information
- Company Number
- 10084616
- Registered Address
- 1 Principal Place, Worship Street, London, EC2A 2FA
- Status
- Active
- Employee Count
- 149
- Turnover
- £37,306,000
- EBITDA
- £4,853,000
Additional Details
- Website
- https://twitch.tv/
- Company Type
- Private limited Company
- Incorporated On
- 24 March 2016
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for TWITCH UK LIMITED has decreased steadily over the past three periods, from 51 days to 30 days. This is a significant improvement of 41.2%. Additionally, there has been a noticeable increase in the percentage of invoices paid within 30 days, from 43% to 62%, indicating a stronger commitment to timely payments.
Volatility Analysis
The company's volatility in terms of invoice payment has also decreased over the past three periods. The percentage of invoices paid later than 60 days has decreased by 75%, from 12% to 3%, and the percentage of invoices not paid within agreed terms has also decreased by 66.7%, from 9% to 3%. This suggests that TWITCH UK LIMITED has become more consistent in their payment practices.
Summary Analysis
From Jan 2020 to Jun 2021, TWITCH UK LIMITED has made significant improvements in their payment practices. The average time to pay has decreased by 41.2% and the percentage of invoices paid within 30 days has increased by 19%. The company has also become more consistent in their payment practices, with a decrease in the percentage of late payments and payments not made within agreed terms. However, in the last period (Jul 2023 to Dec 2023), there was a slight increase in the percentage of invoices paid later than 60 days, indicating a potential need for improvement in this area.
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 | 30 Jan 2024 | 34 | 52% | 48% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 42 | 62% | 35% | 3% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 41 | 60% | 35% | 5% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 28 | 64% | 34% | 2% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 28 | 68% | 29% | 3% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 30 | 62% | 37% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Sept 2021 | 42 | 52% | 41% | 7% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 38 | 55% | 41% | 4% | 2% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 51 | 43% | 45% | 12% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Sept 2021 | 63 | 40% | 44% | 16% | 9% |
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 business’ standard payment terms for all new suppliers is 60 days from the date that an invoice is received. In special circumstances or due to legacy agreements, the contractual length of time may vary from this.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Amazon actively seeks to resolve disputes through open and honest communication between the supplier, and the Amazon Accounts Payable, Procurement or Business teams responsible for the relationship with the supplier. This involves proactive email and/or phone communication with the supplier. Should this fail, disputes are escalated to the relevant Business Leader and Finance Director.
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
TWITCH UK LIMITED is a British company that specializes in live streaming services and gaming content. The company was founded in 2012 and is headquartered in London, UK.
The company's sustainability program focuses on reducing their carbon footprint and promoting eco-friendly practices. They have implemented energy-efficient technology in their offices and are committed to reducing waste and promoting recycling.
TWITCH UK LIMITED offers a variety of products and services, including live streaming of video games, esports events, and creative content. They also have a platform for viewers to interact with streamers and each other through chat and virtual events. The company has a strong focus on community building and provides a platform for creators to monetize their content.
The key people at TWITCH UK LIMITED include the CEO, Emmett Shear, and the Vice President of Operations, Sara Clemens. They lead a team of dedicated employees who are passionate about gaming and creating a positive community for their viewers.
To stay connected with their audience and community, TWITCH UK LIMITED can be contacted through their website, which is https://www.twitch.tv/. Their registered office address is located at 225 Bush Street, 12th Floor, San Francisco, CA 94104, USA.
