TWENTIETH CENTURY FOX HOME ENTERTAINMENT LIMITED
Company number: 01633880
Reporting period:
1 June 2019
to 30 November 2019
This report was filed on 26 January 2021
and approved by S Bailey
Payment statistics
Average time taken to pay invoices: 35 days
Invoices paid:
- within 30 days: 69%
- in 31 to 60 days: 16%
- in 61 days or more: 15%
Invoices due but not paid within agreed terms: 52 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
90 days
Standard payment terms
The standard payment terms are 30 from date of supplier invoice. The standard payment terms for Sole Traders, Utilities, Equipment Rentals, Events & Production are 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
90 days
Any other information about payment terms
In December 2017, Twenty-First Century Fox Inc entered into a merger agreement with The Walt Disney Company. This undertaking was approved by the shareholders of both entities and completed on March 20th, 2019. Disney and Fox are currently working together to develop updated structures and business approaches.
Dispute resolution process
Contact Fox Accounts Payable - AP.GB@foxinc.com. We attempt to respond to enquiries within 3 regular business days.
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.No
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