STV CENTRAL LIMITED

PaymentCheck Score 2024
89Good
5.5vs last year
#1136 in UK
#29 in Creative
#55 in Scotland

Company Information

Company Number
SC172149
Registered Address
Pacific Quay, Glasgow, G51 1PQ
Status
Active
Employee Count
372
Turnover
£90,699,000
EBITDA
£17,001,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 February 1997
Nature of Business
60200 - Television programming and broadcasting activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
Region
Scotland

Time to Pay

Average Time to Pay
22 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
89%
31-60 Days
10%
After 60 Days
1%
Not Paid Within Terms22%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202405 Feb 20252191%9%0%19%
01 Jan 2024 - 30 Jun 202430 Jul 20242289%10%1%22%
01 Jul 2023 - 31 Dec 202324 Jan 20242281%18%1%29%
01 Jul 2021 - 31 Dec 202120 Jan 20222385%13%2%24%
01 Jan 2021 - 30 Jun 202129 Jul 20212381%17%2%27%
01 Jan 2020 - 30 Jun 202030 Jul 20202668%29%3%39%
01 Jan 2018 - 30 Jun 201820 Jul 20182765%32%3%45%

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

STV Central Limited will generally operate to the supplier’s payment terms or as alternatively agreed with them. STV Central Limited’s standard default payment terms are 30 days from the date of receipt of the supplier’s invoice.

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

30

Dispute Resolution Process

Our policy on supplier payments determines that queries must be progressed and resolved swiftly. If the query is of an operational or cost nature (for example, the service was not provided or the cost is not as agreed), either the original requisitioner of the goods or services or the authorising manager must revert to the supplier. If the query is of a general invoicing nature (for example, a VAT error or lack of basic detail), the accounts payable department must revert to 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

Company Summary

STV CENTRAL LIMITED is a British television broadcasting company that operates in Central Scotland. The company's sustainability program focuses on reducing their carbon footprint and promoting environmental responsibility. They have implemented various initiatives, such as using energy-efficient equipment and promoting recycling, to achieve this goal.

The company offers a wide range of products and services, including news, entertainment, and sports programming. They also produce original content, such as documentaries and dramas, which showcase Scottish culture and talent. Their programming is available on various platforms, including television, online, and mobile devices.

The key people at STV CENTRAL LIMITED include CEO Simon Pitts, who has over 25 years of experience in the media industry, and Director of Content, Bobby Hain, who oversees the company's programming. They also have a team of talented presenters, reporters, and production staff who contribute to the success of the company.

To contact STV CENTRAL LIMITED, their website address is www.stv.tv. Their registered office address is Pacific Quay, Glasgow, G51 1PQ, United Kingdom. The company is committed to providing high-quality content and promoting sustainability in their operations, making them a leading player in the British broadcasting industry.

Financial Metrics

Cash
£10,801,000
Net Worth
£75,867,000
Total Current Assets
£115,710,000
Total Current Liabilities
£45,595,000

Company Location