ITV BREAKFAST BROADCASTING LIMITED

Company number: 07698963

Reporting period:
1 January 2018 to 30 June 2018

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This report was filed on 26 July 2018

and approved by Christy Swords

Payment statistics

Average time taken to pay invoices: 31 days

Invoices paid:

• within 30 days: 80%
• in 31 to 60 days: 18%
• in 61 days or more: 2%

Invoices due but not paid within agreed terms: 5%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

60 days

Standard payment terms

Payment end of month following receipt of invoice

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

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

60 days

Payment end of month following receipt of invoice

Any other information about payment terms

ITV partner with C2FO to offer suppliers the option of early payment. For more information please contact C2FO@itv.com

Dispute resolution process

ITV aim to resolve invoice disputes and queries as soon as possible to ensure payment to terms is not impacted. ITV have a dedicated Query Resolution Team who operate a 48 hour SLA for resolution of queries raised on supplier invoices. For more information please contact invoiceandpaymentqueries_ptp@itv.com . For contractual disputes not specifically related to an invoice please refer to the individual(s) who ordered the goods/services you have provided.

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Yes, this business has signed up to: Prompt Payment Code

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.

No

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.

No

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?

No

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No