WATERLINE LIMITED
Company Information
- Company Number
- 00428931
- Registered Address
- 5th Floor Grove House, 248a Marylebone Road, London, NW1 6BB
- Status
- In Administration
- Employee Count
- 154
- Turnover
- £44,308,000
- EBITDA
- -£2,178,000
Additional Details
- Website
- https://waterline.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 3 February 1947
- Nature of Business
- 46439 - Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)46470 - Wholesale of furniture, carpets and lighting equipment46900 - Non-specialised wholesale trade
- Industries
- Distribution And Delivery
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The majority of WATERLINE LIMITED's payments (70%) consistently fall within the 31-60 day window, indicating a strong trend towards paying outside standard 30-day terms. While only 11% are paid within 30 days, their average payment time of 49 days is significantly influenced by a noticeable 19% of payments extending beyond 60 days.
Volatility Analysis
Payments exhibit moderate predictability, with the largest segment reliably paying between 31 and 60 days. However, the 19% of payments exceeding 60 days introduces an element of variability, indicating a risk of extended payment cycles despite no officially recorded "late" payments.
Summary Analysis
Suppliers should anticipate an average payment cycle of approximately 49 days, with a high likelihood of payments falling within the 31-60 day range and a notable portion extending beyond 60 days. To mitigate potential cash flow challenges, it is recommended to negotiate payment terms that align with WATERLINE's typical 30-60+ day cycle and factor in the possibility of delayed payments for nearly one-fifth of invoices.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2018 - 30 Sept 2018 | 21 May 2019 | 49 | 11% | 70% | 19% | 0% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
It is Waterline's policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of invoices. The Company normally settles trade payables on 30 days terms, however variations to these terms do exist based on agreements with certain suppliers, in particular small local businesses.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
It is Waterline's policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of invoices. The Company normally settles trade payables on 30 days terms, however variations to these terms do exist based on agreements with certain suppliers, in particular small local businesses.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
WATERLINE LIMITED is a private limited company. It is currently in Administration. Based on its company name 'Waterline', it operates within the water or marine sectors.
The company was incorporated on 3 February 1947, operating under company number 00428931. Its registered office is located in London at 5th Floor Grove House, 248a Marylebone Road, NW1 6BB.
Organisations operating within the water or marine sectors typically specialise in a range of products and services. These can include water management systems, plumbing supplies, marine equipment, or solutions for water infrastructure and maritime industries.
