MOTHERCARE UK LIMITED
Company Information
- Company Number
- 00533087
- Registered Address
- C/O Pricewaterhousecoopers Llp Central Square, 29 Wellington Street, Leeds, LS1
- Status
- Liquidation
- Employee Count
- 4,512
- Turnover
- £551,200,000
- EBITDA
- -£166,100,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 May 1954
- Nature of Business
- 47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)47910 - Retail sale via mail order houses or via Internet
- Industries
- Supply Chain
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MOTHERCARE UK LIMITED exhibits a concerning payment trend, with an average payment time of 63 days, significantly longer than standard terms. A substantial majority of payments (63%) are processed over 60 days, indicating a consistent pattern of extended payment cycles. This trajectory suggests that suppliers should anticipate consistently long payment periods.
Volatility Analysis
The company's payment reliability is low, with 36% of payments classified as late, indicating high unpredictability for timely remittances. With 63% of invoices paid beyond 60 days, suppliers face a significant risk of inconsistent cash flow due due to prolonged delays. This pattern signals a high risk of operational strain for suppliers reliant on prompt payments.
Summary Analysis
Suppliers should anticipate significantly extended payment terms and a high likelihood of late payments when dealing with MOTHERCARE UK LIMITED. Key decision factors include the potential impact on working capital and the necessity for robust cash flow management. Mitigate risk by negotiating stricter payment terms, requiring upfront payments, or exploring invoice factoring options.
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 |
|---|---|---|---|---|---|---|
| 07 Oct 2018 - 30 Mar 2019 | 01 May 2019 | 55 | 32% | 18% | 51% | 37% |
| 24 Mar 2018 - 05 Oct 2018 | 05 Nov 2018 | 63 | 18% | 19% | 63% | 36% |
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
Mothercare has set the following standard payment terms with its suppliers: a. Goods for re-sale 90 days from date of invoice; b. Goods not for resale up to 60 days from date of invoice. These terms vary based on individual agreements. Suppliers are made aware of payment run cycles: a. Goods for resale payment runs submitted twice a week; b. Goods not for resale payment run submitted weekly. These impact payment within agreed terms, but suppliers are aware of these payment cycles. As a result, 27% of late payments are settled within 1 week of the due date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Contractually Mothercare run a debit note process for supplier income on the Accounts Payable ledger therefore impacting timing of some invoices paid.
Maximum contractual payment period agreed
105
Dispute Resolution Process
Invoice or payment disputes are initially reported to Accounts Payable where member of team will investigate with the account relationship holder. In the event of a dispute not being resolved, it will be escalated to the Treasury Manager and/or the Head of Group Finance and the Senior Buyer. Once resolved the supplier will be paid in accordance with payment terms or on the next available payment run.
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
MOTHERCARE UK LIMITED is a private limited company focused on providing products and services for mothers, babies, and young children in the UK.
The company was incorporated on 8 May 1954 with company number 00533087. Its current status is liquidation. While its operational location is unknown, the registered office is C/O Pricewaterhousecoopers Llp Central Square, 29 Wellington Street, Leeds, LS1.
Companies of this nature, specialising in mother and baby care, typically offer a comprehensive range of products. These commonly include maternity wear, baby and children's clothing, nursery furniture, pushchairs, car seats, and feeding equipment.
