NATIONAL WORLD PUBLISHING LIMITED
Company Information
- Company Number
- 11499982
- Registered Address
- Suite E3 Joseph's Well, Hanover Walk, Leeds, England, LS3 1AB
- Status
- Active
- Employee Count
- 472
- Turnover
- £84,100,000
- EBITDA
- £7,600,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 August 2018
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Creative,Media And Publishing
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 29 Dec 2024 - 29 Jun 2025 | 15 Jul 2025 | 18 | 85% | 13% | 2% | 35% |
| 30 Jun 2024 - 28 Dec 2024 | 21 Jan 2025 | 21 | 83% | 12% | 5% | 32% |
| 31 Dec 2023 - 29 Jun 2024 | 24 Jul 2024 | 22 | 79% | 16% | 4% | 38% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 24 | 72% | 25% | 3% | 36% |
| 03 Jul 2021 - 01 Jan 2022 | 24 Jan 2022 | 21 | 80% | 17% | 3% | 23% |
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
There are formal contractual agreements in place with suppliers on payment terms which can vary widely and, as such, it is difficult to specify what are our “standard terms”. In most contractual negotiations, our opening position is that payment shall be made within 60 days of receipt of invoice. However, this opening position will generally be subject to negotiation and, in reality, payment terms can vary from invoices due on receipt of the invoice to sixty days from the end of the month in which the invoice is received. The business deals with a huge variety of suppliers, and the nature of both the supplier and of the goods/services they supply, will dictate what payment terms may be appropriate. If there is no formal contractual agreement in place our standard payment terms are 45 days from invoice date.
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
90
Dispute Resolution Process
Invoices are processed on a purchases authorisation system (DB authorise) for the review and approval (or query) by the dedicated requisitioning manager(s). Should there be a query or dispute, an invoice is put on hold in the system and placed in query. The reason for the query or dispute is recorded in the comments section of the same approval system. The authoriser(s) contact the supplier to resolve the query or dispute. The invoice is kept on hold in DB authorise until the dispute is resolved. Once resolved, and the invoice is approved on the system, the invoice is released for payment. Invoices are sometimes approved in error and subsequently the authorisers would request the invoice be put on hold. Details of the invoice being put on hold are recorded in the notes section of the system. The invoice will remain on hold until the dispute has been resolved, the invoice is then released back for approval by the manager and then released for 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
National World Publishing Limited is a British media company that operates a range of national and local newspapers, magazines, and digital platforms. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes using recycled paper for printing, reducing energy consumption in their offices and plants, and promoting sustainable transportation methods for their employees. They also partner with local organizations to support community projects and charities.
The company's products and services include well-known national newspapers such as the Daily Express, Daily Star, and OK! Magazine. They also publish a number of regional newspapers and have a strong digital presence through their websites and social media channels.
Key people in the company include the CEO, Michael Luckwell, and the Chairman, David Montgomery. They are supported by a team of experienced journalists, editors, and executives.
The company's website address is www.nationalworld.com and their registered office address is 80 Strand, London, WC2R 0RL, United Kingdom. National World Publishing Limited is a publicly traded company on the London Stock Exchange under the ticker symbol NWG.
