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@CYOA
^ & ^^ thanks both, some good thoughts and appreciated.
On the face of it the relationship is fairly good, get on well with the COO and the account directors/managers I'm in contact with. COO/CEO take us out for lunch sporadically etc. All seems very convivial, but I'm just met with brick walls when it comes to paying. They claim "oh it's in our end of month run" but it's like "which month is that?!".
@Silver-fox - have thought about 'A' before but having worked for a larger production company in the past (with notoriously bad finances) I have memories of the CFO/accounts-payable literally laughing at such practices from their creditors (camera operators etc) so I figured it wasn't worth the trouble as no-one adhered to it and it just irked those who received it.
Have thought about C too but generally decided against it in the past for the reasons you've mentioned.
B seems the best bet for now in lieu of @stevo_com 's advice which I think may be on the cards.