PENGUIN BOOKS LIMITED
Company Details
Registration Number
00861590
Registered Address
20 Vauxhall Bridge Road London England SW1V 2SA
Company Status
Active
Employee Count
437
Turnover
£240,722,000
EBITDA
£43,860,000
Additional Information
Website
adrianmole.co.uk/Company Type
Private limited Company
Incorporated on
15 October 1965
Nature of Business (SIC)
58110 - Book publishing
Industries
Books, comics and graphic novels, Restaurants, pubs, cafes and takeaways
Region
LondonCompany Location
Financial Overview
£46,000
£138,760,000
Last Reporting Period
Filed
16 Mar 2021
Period
01 Jul 2020 - 31 Dec 2020
Payment Timing
Average Time to Pay
39 days
Payment Periods
Shortest
30 days
Longest
120 days
Max Contractual
120 days
Payment Timeline
Not Paid Within Terms
48%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2020 - 31 Dec 2020 | 16 Mar 2021 | 39 | 78% | 11% | 11% | 48% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Feb 2020 | 31 | 78% | 10% | 12% | 48% |
| 01 Jan 2019 - 30 Jun 2019 | 06 Dec 2019 | 31 | 81% | 7% | 11% | 43% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Mar 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 30 | 52% | 41% | 7% | 30% |
Company Summary
Penguin Books Limited is a British publishing company that was founded in 1935
It is part of the Penguin Random House publishing group and is headquartered in London, England
The company is known for publishing a wide range of books, including fiction, non-fiction, and children's books
As part of its sustainability program, Penguin Books Limited is committed to reducing its environmental impact
The company has implemented various initiatives such as using sustainable paper for its books, reducing carbon emissions, and promoting sustainable printing and distribution practices
Penguin Books Limited offers a diverse range of products and services
It publishes both physical and digital books, with a focus on quality content and promoting diverse voices
The company also offers various educational and digital resources for teachers and students, as well as online book clubs and reading programs for readers of all ages
The company has a team of key people who oversee its operations and drive its success
These include the CEO, Tom Weldon, who has been with the company since 2011, and the Managing Director, Francesca Dow, who has been with the company for over 25 years
For more information on Penguin Books Limited and its products and services, visit their website at www.penguin.co.uk
The company's registered office address is at 20 Vauxhall Bridge Road, London, SW1V 2SA, United Kingdom
Company Review
Trend Analysis
The average time taken by PENGUIN BOOKS LIMITED to pay invoices to suppliers has increased from 30 days in the first period (Jan-Jun 2018) to 39 days in the most recent period (Jul-Dec 2020). This indicates a trend of delayed payments over time.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated between 52% and 81% over the three periods analysed, with the highest percentage in the first period and the lowest in the most recent period. This shows a moderate level of volatility in this metric.
Summary Analysis
Based on the data analysed, PENGUIN BOOKS LIMITED has experienced a trend of delayed payments to suppliers over the past three periods. The company's average time to pay has increased from 30 days to 39 days, and their percentage of invoices paid within 30 days has decreased from 52% to 78%. The most significant improvement can be seen in the percentage of invoices paid within 30 days, which increased from 52% in the first period to 81% in the second period, but then decreased to 78% in the most recent period.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
Cases dealt with on a case by case basis
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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