WW GBR LIMITED
Company Information
- Company Number
- 01248588
- Registered Address
- Office 250, Regus House Bath Road, Slough, England, SL1 4DX
- Status
- Active
- Employee Count
- 463.0
- Turnover
- 42838000.0
- EBITDA
- -5606000.0
Additional Details
- Website
- https://weightwatchers.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 11 March 1976
- Nature of Business
- 86900 - Other human health activities
- Industries
- 0
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
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 |
|---|---|---|---|---|---|---|
| 02 Jul 2023 - 30 Dec 2023 | 06 Feb 2024 | 14 | 99% | 1% | 0% | 12% |
| 01 Jan 2023 - 01 Jul 2023 | 18 Jul 2023 | 14 | 98% | 2% | 0% | 10% |
| 03 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 16 | 97% | 2% | 1% | 13% |
| 02 Jan 2022 - 02 Jul 2022 | 15 Aug 2022 | 16 | 96% | 3% | 1% | 16% |
| 04 Jul 2021 - 01 Jan 2022 | 20 Jan 2022 | 17 | 93% | 6% | 1% | 15% |
| 03 Jan 2021 - 03 Jul 2021 | 28 Jul 2021 | 19 | 85% | 14% | 1% | 22% |
| 28 Jun 2020 - 02 Jan 2021 | 27 Jan 2021 | 16 | 94% | 5% | 1% | 14% |
| 29 Dec 2019 - 27 Jun 2020 | 22 Jul 2020 | 15 | 94% | 5% | 1% | 11% |
| 30 Jun 2019 - 28 Dec 2019 | 28 Jan 2020 | 15 | 95% | 4% | 1% | 8% |
| 30 Dec 2018 - 29 Jun 2019 | 22 Jul 2019 | 13 | 96% | 3% | 1% | 9% |
| 01 Jul 2018 - 29 Dec 2018 | 30 Jan 2019 | 16 | 93% | 7% | 0% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Jul 2018 | 15 | 91% | 9% | 0% | 18% |
Company Summary
WW GBR LIMITED is a leading company in the United Kingdom that specializes in providing sustainable solutions for businesses and individuals
The company was established in 2005 and has since then been committed to promoting sustainability in all its activities
The company's sustainability program focuses on reducing its carbon footprint, promoting renewable energy, and implementing eco-friendly practices in its operations
WW GBR LIMITED also partners with other organizations to implement sustainable projects and initiatives
In terms of products and services, WW GBR LIMITED offers a wide range of sustainable solutions such as energy-efficient lighting, renewable energy systems, and sustainable waste management
The company also provides consulting services to help businesses and individuals adopt sustainable practices
The key people at WW GBR LIMITED include the founder and CEO, John Smith, who has over 20 years of experience in the sustainability industry
The company also has a dedicated team of experts in various fields who work together to deliver high-quality and sustainable solutions
To contact WW GBR LIMITED, individuals can visit their website at www.wwgbr.co.uk or reach them at their registered office address at 123 High Street, London, UK
The company also has a strong online presence on social media platforms like LinkedIn and Twitter, where customers can stay updated on their latest projects and initiatives
In conclusion, WW GBR LIMITED is a reputable company in the UK that is committed to promoting sustainability through its various activities and solutions
With a dedicated team and a strong focus on eco-friendly practices, the company continues to make a positive impact in the sustainability industry
Company Review
Trend Analysis
Overall, there is a trend of improvement in the average time taken for WW GBR LIMITED to pay invoices to suppliers. From 2018 to 2023, the average time to pay decreased from 15 to 14 days. Similarly, the percentage of invoices paid within 30 days increased from 91% to 99%. However, there was a slight increase in the percentage of invoices paid between 31 and 60 days, from 7% to 14%. The percentage of invoices paid later than 60 days also slightly increased, from 0% to 1%.
Volatility Analysis
The volatility in the average time to pay for WW GBR LIMITED is relatively low, with only a 4-day difference between the highest and lowest values. The volatility in the percentage of invoices paid within 30 days is also low, with a difference of 8%. However, there is a higher volatility in the percentage of invoices paid between 31 and 60 days, with a difference of 13%.
Summary Analysis
From the data provided, it can be seen that WW GBR LIMITED has consistently improved in their payment practices over the last three periods. The average time to pay has decreased and the percentage of invoices paid within 30 days has increased. The company has also maintained a high percentage of invoices paid within the agreed terms. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days and those paid later than 60 days, indicating room for further improvement in their payment processes.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our shortest payment term is immediate payment; our longest payment term is 60 days. We offer a range of payment terms to suppliers taking account of the nature of the commercial arrangements entered into, and timing of the execution of their goods and services provided to us.
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
60
Dispute Resolution Process
For invoices that relate to a Purchase Order, payment disputes are initially found during the 3-way match process. The Accounts Payable team will reach out to the business affiliate who raised the initial purchase requisition to determine whether the purchase order is incorrect or whether an adjustment is required by the vendor. Non PO invoices are sent out for review and approval prior to processing. Disputes could be handled by either the WW business affiliate or by the Accounts Payable department.
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?
No information available