Their own payment-practices filing · gov.uk
Mediacom UK Limited paid suppliers in 87 days on average — 27 days past its stated terms
Their H1 2024 filing put the average 27 days past the 60-day term they state.
- Their stated terms
- 25–60 days
- Paid outside agreed terms
- 51% of invoices
- Paid after 61+ days
- 51%
- Reporting period
- 1 Jan 2024 – 30 Jun 2024
- Source
- their gov.uk filing, filed 1 Aug 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2024 filing
Paid 27 days past their stated terms
Where their invoices landed · share of all invoices
The pattern · last 6 of 13 reports
Held steady around 87 days
The read · computed from their figures
Mediacom UK Limited's H1 2024 filing put their average at 87 days against stated terms of 25–60 days; 51% of invoices were paid outside agreed terms and 51% took 61 days or longer. Filed 1 Aug 2024.
The pattern is steady — their reported average moves within about ±9 days period to period.
That is 13 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
We pay our media vendors in line with industry standards, dependent on media type, which are between 25 and 60 days from receipt of a valid invoice following the end of the month of media activity. Where appropriate, vendors are required to also provide supporting documentation confirming media activity has run.
Dispute resolution
We have a defined dispute resolution process to ensure that all supplier invoices are processed as efficiently as possible. Suppliers are provided with details of the issues that may affect the processing of their invoices and assistance by providing guidance on what is to be provided on their invoices to ensure payment can be made in a timely manner. Our AP helpdesk offers suppliers support through to query resolution and can be contacted via a dedicated e-mail address or phone number. All invoices that are in query are logged and if unresolved at the time of supplier payment, details of the reasons for payment delay are communicated to the relevant suppliers.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2024 | 87 | 51% | 51% | 1 Aug 2024 |
| H2 2023 | 82 | 35% | 39% | 31 Jan 2024 |
| H1 2023 | 99 | 39% | 49% | 7 Aug 2023 |
| H2 2022 | 92 | 27% | 41% | 8 Feb 2023 |
| H1 2022 | 91 | 53% | 40% | 4 Aug 2022 |
| H2 2021 | 86 | 40% | 46% | 3 Feb 2022 |
| H1 2021 | 60 | 24% | 25% | 31 Aug 2021 |
| H2 2020 | 53 | 29% | 25% | 4 Mar 2021 |
| H1 2020 | 83 | 48% | 51% | 24 Feb 2021 |
| H2 2019 | 75 | 39% | 35% | 12 Feb 2020 |
| H1 2019 | 51 | 43% | 34% | 1 Aug 2019 |
| H2 2018 | 52 | 39% | 35% | 1 Feb 2019 |
| H1 2018 | 49 | 45% | 31% | 30 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active - Proposal to Strike off
- Type
- Private Limited Company
- Incorporated
- 6 Feb 1975
- Registered office
- 124 THEOBALDS ROAD, WC1X 8RX
Illustrative · working-capital arithmetic
What a 87-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 87-day vs a 25-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.
Quick answers · Mediacom UK Limited
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-01199309 · latest period to 30 Jun 2024
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