HEARTS SCIENCE LIMITED
Company Information
- Company Number
- 10445362
- Registered Address
- Bankside 3, 90 - 100 Southwark Street, London, England, SE1 0SW
- Status
- Active
- Employee Count
- 71.0
- Turnover
- 11597000.0
- EBITDA
- 1254000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 October 2016
- Nature of Business
- 73110 - Advertising agencies
- Industries
- Professional Services
- Region
- London
Company Location
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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 | 48 | 25% | 55% | 20% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 54 | 31% | 47% | 22% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 50 | 31% | 49% | 20% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Jul 2022 | 54 | 30% | 47% | 23% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 57 | 35% | 52% | 13% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 63 | 26% | 53% | 21% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 56 | 28% | 53% | 19% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 78 | 14% | 49% | 37% | 52% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 106 | 12% | 52% | 36% | 54% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Dec 2019 | 79 | 17% | 50% | 33% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 12 Dec 2019 | 66 | 10% | 64% | 28% | 51% |
Company Summary
HEARTS & SCIENCE LIMITED is a leading advertising and marketing agency based in London, United Kingdom
The company was founded in 2016 and has since then been providing innovative and effective marketing solutions to businesses across various industries
The company offers a wide range of services including media planning and buying, data analytics, creative strategy, and digital marketing
Their team of experts combines data, technology, and creativity to deliver targeted and measurable results for their clients
HEARTS & SCIENCE LIMITED is committed to promoting sustainability in their operations and has a dedicated sustainability program in place
They have implemented various initiatives such as reducing paper waste, using eco-friendly materials, and promoting remote work to reduce their carbon footprint
The company's key people include CEO, Scott Hagedorn, and Executive Chairman, Michael Roth, who bring extensive experience and expertise to the company
They lead a team of highly skilled and talented professionals who strive to provide the best solutions to their clients
To contact HEARTS & SCIENCE LIMITED, individuals can visit their website at www.hearts-science.com or reach out to them at their registered office address: 10 Bloomsbury Way, Holborn, London WC1A 2SL, United Kingdom
The company is dedicated to helping businesses grow and succeed through their innovative and sustainable marketing solutions
Company Review
Trend Analysis
The average time taken for HEARTS & SCIENCE LIMITED to pay invoices has fluctuated over the past three periods, with a decrease from 66 days in 2018 to 48 days in 2023.
Volatility Analysis
The volatility of HEARTS & SCIENCE LIMITED's invoice payment times has decreased over the past three periods, with a decrease in the percentage of invoices paid later than 60 days from 28% in 2018 to 20% in 2023.
Summary Analysis
From 2018 to 2023, the average time taken for HEARTS & SCIENCE LIMITED to pay invoices has decreased by 18 days. The percentage of invoices paid within 30 days has increased from 10% in 2018 to 31% in 2023, while the percentage of invoices paid later than 60 days has decreased from 28% in 2018 to 20% in 2023. The company's best period for early payment was in 2021, where 35% of invoices were paid within 30 days, while the worst period for late payment was in 2018, where 28% 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
end of the month following the appearance of media
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
the query is passed to the buyer who booked the media to resolve the dispute with the supplier
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
