MAMAS & PAPAS (RETAIL) LIMITED
Company Information
- Company Number
- 01529849
- Registered Address
- Four, Brindleyplace, Birmingham, B1 2HZ
- Status
- Dissolved
- Employee Count
- 636
- Turnover
- £72,946,000
- EBITDA
- -£2,413,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 November 1980
- Nature of Business
- 47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Industries
- Supply Chain
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time of 29 days suggests Mamas & Papas generally aims for standard 30-day terms, yet a significant 60% of payments are classified as late. This indicates an inconsistent payment trend, where nearly half (44%) fall into the 31-60 day bracket, highlighting frequent deviations from initial terms. The 11% of payments exceeding 60 days further signals a trajectory of occasional, prolonged delays that could strain supplier cash flow.
Volatility Analysis
The high percentage of late payments (60%) signifies low payment reliability and considerable unpredictability for suppliers. While 45% pay within 30 days, the substantial portion extending beyond 30 days makes future payment timing difficult to forecast with certainty. The 11% of payments taking over 60 days represents a distinct risk factor for suppliers, indicating a potential for significant and disruptive cash flow gaps.
Summary Analysis
Overall, Mamas & Papas presents a moderate payment risk due to the high proportion of late payments, despite a reasonable average payment time. Suppliers should factor in the likelihood of payment delays extending beyond 30 days and the potential for payments to exceed 60 days when establishing credit terms. Consider implementing stricter credit limits, negotiating shorter payment terms, or offering early payment discounts to mitigate potential cash flow impacts and manage exposure effectively.
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 2019 - 30 Sept 2019 | 25 Nov 2019 | 29 | 45% | 44% | 11% | 60% |
| 02 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 48 | 43% | 30% | 27% | 53% |
| 02 Apr 2018 - 01 Oct 2018 | 31 Oct 2018 | 36 | 44% | 39% | 17% | 59% |
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
30 Days from Date of Invoice
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
60
Dispute Resolution Process
Queries are raised with Accounts payable where they are review and rectified. Escalated to Payments & Collections Manager then Group Financial Controller/CFO if required
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
Company Summary
MAMAS & PAPAS (RETAIL) LIMITED was a private limited company that operated in the retail sector, specialising in products for parents and children. This company is currently dissolved.
The company was incorporated on 24 November 1980 under company number 01529849. Its registered office was located at Four, Brindleyplace, Birmingham, B1 2HZ.
Typically, companies operating in the retail sector for parents and children in the UK offer a range of products. This includes items such as prams, pushchairs, nursery furniture, car seats, baby clothing, and feeding equipment.