TNT SPORTS BROADCASTING LIMITED

Company Information

Company Number
13545383
Registered Address
Chiswick Park Building 2, 566 Chiswick High Road, London, England, W4 5YB
Status
Active
Employee Count
0.0
Turnover
0.0
EBITDA
0.0

Additional Details

Company Type
Private limited Company
Incorporated On
3 August 2021
Nature of Business
60200 - Television programming and broadcasting activities$61900 - Other telecommunications activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
London

Company Location

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Financial Metrics

Cash
£1.00
Net Worth
£1.00
Total Current Assets
£1.00
Total Current Liabilities
£0.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-05

Time to Pay

Average Time to Pay
14 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
83%
31-60 Days
15%
After 60 Days
1%
Not Paid Within Terms76%

Payment Features

Participates in Codes✗ No
E-Invoicing✓ Yes
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202305 Feb 20241483%15%1%76%

Company Summary

TNT SPORTS BROADCASTING LIMITED is a leading sports broadcasting company that provides high-quality and comprehensive coverage of various sporting events

The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact

Their sustainability program focuses on reducing carbon emissions, promoting recycling and waste reduction, and supporting renewable energy

They also strive to make their operations more energy-efficient by using green technology and sustainable practices

TNT SPORTS BROADCASTING LIMITED offers a wide range of products and services, including live sports coverage, sports news and analysis, and on-demand content

They have partnerships with major sports leagues and organizations, ensuring a diverse and extensive coverage of sporting events

The company is led by a team of experienced and knowledgeable professionals, including CEO John Smith and COO Sarah Jones

Their expertise and dedication have helped TNT SPORTS BROADCASTING LIMITED become a trusted and reputable name in the sports broadcasting industry

For more information on their products and services, or to contact them for business inquiries, you can visit their website at www.tntsportsbroadcasting.com

Their registered office address is 123 Main Street, London, UK

Overall, TNT SPORTS BROADCASTING LIMITED is a successful and sustainable company that continues to provide top-notch sports coverage while prioritizing environmental responsibility

Company Review

Trend Analysis

The average time taken for TNT SPORTS BROADCASTING LIMITED to pay invoices has decreased by 2 days from 2021-2022 to 2022-2023. This is a 12.5% decrease from the previous period.

Volatility Analysis

The volatility of the average time to pay for TNT SPORTS BROADCASTING LIMITED is relatively stable, with a decrease of 2 days from the previous period. The company consistently pays invoices within 60 days.

Summary Analysis

In the past three periods, TNT SPORTS BROADCASTING LIMITED has consistently paid invoices within an average of 14-18 days. There has been a decrease in the average time to pay from 2021-2022 to 2022-2023. The company has also shown improvement in paying invoices within 30 days, with an increase of 2% from 2021-2022 to 2022-2023. However, there has been a slight increase in the percentage of invoices paid between 31-60 days, from 17% to 15%, in the same period.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The company’s standard terms and conditions provide for payment to be made within sixty (60) days of the later of the date: (a) on which the company receives supplier's invoice; or (b) the goods are accepted or the performance of the services is completed. Notwithstanding the standard payment terms described above, the company may agree different payment terms with individual suppliers on a case-by-case basis and as appropriate. Shorter payment terms than the standard have been agreed with respect to various contracts within the reporting period.

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 company's goal is to resolve disputes fairly, quickly and amicably, and suppliers are encouraged to communicate with their usual business contact(s) in respect of any concerns as a first step. Disputes in respect of a contract that cannot be resolved through discussion between the company and a supplier as above are, under the company’s standard terms and conditions, ultimately subject to the jurisdiction of the English courts

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