ENTERTAINMENT ONE UK HOLDINGS LIMITED
Company number: 06269098
Reporting period:
1 April 2020 to 30 September 2020
Report filed on:
2 November 2020
Approved by:
EDWARD PARRY
Payment statistics
Average time taken to pay invoices: 15 days
Invoices paid:
- within 30 days: 92%
- in 31 to 60 days: 8%
- in 61 days or more: 0%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 46%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
71 days
Standard payment terms
Business does not have a standard payment period as it is a Holding company and doesn’t incur many operating expenses. For invoices that are payable on receipt we will make payments as soon as possible. Most commonly used payment terms are within 30 days. Invoice payment will be delayed if we are querying the amount and they take time to get back to us or it gets delayed being approved - which will delay payment
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
71 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
As there aren't many op ex payments made from this entity there is no official dispute resolution process. Any complaints would be handled by the Group Accountant and looked into within 1-3 WD. Accountant is contactable by email or phone
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 Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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