DIGITASLBI LIMITED

Company Information

Company Number
SC177425
Registered Address
C/O Brodies Llp, Capital Square, 58 Morrison Street, Edinburgh, Scotland, EH3 8BP
Status
Active
Employee Count
313.0
Turnover
51128000.0
EBITDA
7486000.0

Additional Details

Company Type
Private limited Company
Incorporated On
21 July 1997
Nature of Business
73110 - Advertising agencies
Industries
Professional Services
Region
East of Scotland

Company Location

Google
Map data ©2025 Google
Map data ©2025 Google

Financial Metrics

Cash
£0.00
Net Worth
-£15,497,000.00
Total Current Assets
£41,825,000.00
Total Current Liabilities
£58,833,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
55 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
14%
31-60 Days
37%
After 60 Days
49%
Not Paid Within Terms61%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 201803570105140

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018020406080

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 202331 Jan 20245514%37%49%61%
01 Jan 2023 - 30 Jun 202328 Jul 20239361%19%21%49%
01 Jul 2022 - 31 Dec 202231 Jan 20234961%23%16%46%
01 Jan 2022 - 30 Jun 202201 Aug 20224172%19%9%31%
01 Jul 2021 - 31 Dec 202131 Jan 202210564%14%21%43%
01 Jan 2021 - 30 Jun 202129 Jul 202113947%17%36%62%
01 Jul 2020 - 31 Dec 202031 Jan 20214944%16%40%69%
01 Jan 2020 - 30 Jun 202030 Jul 202010439%22%40%69%
01 Jul 2019 - 31 Dec 201927 Jan 20208148%26%27%58%
01 Jan 2019 - 30 Jun 201926 Jul 201910837%30%33%63%
01 Jul 2018 - 31 Dec 201825 Jan 20195653%25%22%62%
01 Jan 2018 - 30 Jun 201808 Aug 20184639%39%22%67%

Company Summary

DIGITASLBI LIMITED is a global marketing and technology company that specializes in digital transformation and customer experience

The company was founded in 1980 and has its headquarters in London, UK

The company offers a range of services including digital strategy, data analytics, creative design, and technology solutions to help businesses drive growth and engage with their customers

They work with clients from various industries such as consumer goods, financial services, healthcare, and technology

DIGITASLBI LIMITED has a strong focus on sustainability and has implemented a sustainability program to reduce their environmental impact

They have set targets to reduce their carbon emissions and waste, as well as increase their use of renewable energy sources

The company also encourages their employees to participate in various volunteering and charitable activities

The company has a team of experienced and talented individuals leading the way in digital transformation

Some key people in the company include Nigel Vaz, the CEO, and Claire Briscoe, the Chief Financial Officer

Customers can contact DIGITASLBI LIMITED through their website, which also features case studies and insights on digital marketing and technology

The registered office address is 146 Brick Lane, London, E1 6RU, United Kingdom

In summary, DIGITASLBI LIMITED is a leading global marketing and technology company with a strong focus on sustainability

They offer a range of services to help businesses grow and engage with their customers, and are led by a team of experienced professionals

Customers can contact them through their website or visit their registered office in London

Company Review

Trend Analysis

The average time for DIGITASLBI LIMITED to pay invoices has fluctuated over the past three periods, with a significant increase in 2021 and a decrease in 2022. The percentage of invoices paid within 30 days has also varied, with a decrease in 2021 and an increase in 2022. The percentage of invoices paid later than 60 days has remained relatively consistent, while the percentage of invoices not paid within agreed terms has decreased in 2022.

Volatility Analysis

The average time to pay has shown the most volatility, with a 33.3% increase in 2021 and a 55.5% decrease in 2022. The percentage of invoices paid within 30 days has also shown some volatility, with a 17.8% decrease in 2021 and a 33.3% increase in 2022. The percentage of invoices paid later than 60 days has remained consistent, while the percentage of invoices not paid within agreed terms has shown a 13.8% decrease in 2022.

Invoice Payment Practices

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

Payment Terms

Standard payment terms

The supplier shall invoice the Company at the invoicing address set out on the purchase order and the Company’s terms of payment shall be 60 days following receipt of a valid invoice quoting the correct purchase order and job numbers for Goods and/or Materials delivered and/or Services performed to the Company’s reasonable satisfaction. The Company may set off against any sums due to the supplier whether under contract or otherwise any lawful set-off, counterclaim to which the Company may at any time be entitled. Agencies are able to amend the standard payment terms for their business needs, within the Vendor Master Data File.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

Please note references to 60 days in respect of standard and maximum contractual payment period is based on 60 days from the month end.

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any disputes in respect of supplier payments are resolved by contacting the Accounts Payable Team via our automatic ticketing support service, RVIC at the following link https://www.resourcesvendoric.com. The Accounts Payable department will then assist further with query and if applicable this may be escalated to the legal team.

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

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