ACTIVISION BLIZZARD UK LTD
Company number: 01709830
Reporting period:
1 January 2021
to 30 June 2021
This report was filed on 29 July 2021
and approved by Paul Bland
Payment statistics
Average time taken to pay invoices: 36 days
Invoices paid:
- within 30 days: 72%
- in 31 to 60 days: 18%
- in 61 days or more: 10%
Invoices due but not paid within agreed terms: 44 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
The standard payment terms are 30 days from invoice issue date of correctly and undisputed VAT invoice
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
45 days
Any other information about payment terms
The Supplier is required to be registered in the financial system used by Activision Blizzard UK Ltd. Verification of Supplier’s details is done in accordance with Sarbanes–Oxley Act of 2002 (Pub.L. 107–204, 116 Stat. 745, enacted July 30, 2002). Invoice documents supplied must generally provide; the point of contact or cost centre; the purchase order number (if applicable); the period to which the invoice relates; the Supplier’s bank account for payment; all charges and applicable taxes, and description of goods or services delivered. Activision Blizzard UK Ltd reserves the right to refuse payment of part or all of any invoice which is not submitted in accordance with these conditions.
Dispute resolution process
Activision Blizzard UK Ltd can be reached by email at EU.AccountsPayable@activision.com should a Supplier have an invoice or payment enquiry. The finance team will respond to the query within three working day SLA. If the issue cannot be resolved by the finance team, the issue will be escalated to relevant team or department within Activision Blizzard UK Ltd
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