LIONS GATE INTERNATIONAL MEDIA LIMITED
Company number: 10486810
Reporting period:
1 April 2021 to 30 September 2021
Report filed on:
1 November 2021
Approved by:
JAMES W. BARGE
Payment statistics
Average time taken to pay invoices: 121 days
Invoices paid:
- within 30 days: 28%
- in 31 to 60 days: 0%
- in 61 days or more: 72%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
Answer not provided
Standard payment terms
We do not use standard terms. Our most common agreed payment term for qualified contracts relating to services is due net 30 days. Our most common agreed payment term for qualified contracts relating to rights acquisitions is 30% due on contract signing and 70% due 90 days after contract signing.
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
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
We aim to resolve any disputes as soon as possible. This is achieved by contacting the applicable suppliers by email and/or phone to communicate, clarify and resolve any outstanding issues preventing payment.
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