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

Average Time to Pay
29 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
45%
31-60 Days
44%
After 60 Days
11%
Not Paid Within Terms60%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

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 Filed: 2019-11-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201925 Nov 20192945%44%11%60%
02 Oct 2018 - 31 Mar 201930 Apr 20194843%30%27%53%
02 Apr 2018 - 01 Oct 201831 Oct 20183644%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.

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.

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.

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

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.

Financial Metrics

Cash
£3,500,000
Net Worth
-£32,600,000
Total Current Assets
£8,200,000
Total Current Liabilities
£49,700,000

Company Location