Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The average time for WIGGLE LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in the most recent period (2023-04-01 to 2023-09-30). The percentage of invoices paid within 30 days has also varied, with a significant decrease in the last period compared to the previous two. There has been an increase in the percentage of invoices paid between 31 and 60 days, as well as those paid later than 60 days. The percentage of invoices not paid within agreed terms has also increased in the most recent period.
The volatility in WIGGLE LIMITED's payment practices can be seen in the fluctuations of the average time to pay and the percentage of invoices paid within 30 days. However, the percentage of invoices paid between 31 and 60 days and later than 60 days has remained relatively stable. The percentage of invoices not paid within agreed terms has also seen some volatility, with an increase in the most recent period.
| 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 2023 - 30 Sept 2023 | 31 Oct 2023 | 44 | 30% | 39% | 31% | 69% |
| 01 Oct 2022 - 31 Mar 2023 | 25 Apr 2023 | 48 | 26% | 40% | 33% | 68% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 41 | 37% | 39% | 24% | 52% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 40 | 42% | 37% | 21% | 45% |
| 01 Apr 2021 - 26 Sept 2021 | 14 Dec 2021 | 40 | 42% | 36% | 22% | 46% |
| 01 Jan 2021 - 30 Jun 2021 | 06 Jul 2021 | 40 | 41% | 37% | 22% | 45% |
| 01 Jul 2020 - 31 Dec 2020 | 14 Jan 2021 | 41 | 42% | 36% | 22% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 40 | 36% | 43% | 21% | 51% |
| 01 Jul 2019 - 29 Dec 2019 | 29 Jan 2020 | 44 | 34% | 40% | 26% | 54% |
| 31 Dec 2018 - 30 Jun 2019 | 23 Jul 2019 | 45 | 34% | 39% | 27% | 57% |
| 01 Jul 2018 - 30 Dec 2018 | 07 Feb 2019 | 42 | 38% | 38% | 24% | 55% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 58 | 30% | 37% | 33% | 58% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Terms are dependent on the supplier
Were there any changes to the standard payment terms in the reporting period?
Various temporary changes to specific suppliers' payment terms which were communicated with each individual supplier and agreed before enforced.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Dealt with on a case by case basis depending on dispute. Work with supplier to resolve in first instance.
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
This company was registered as Wiggle Limited and now trades under the name W Realisations 2023 Limited, as shown in Companies House records. Its registered business activity was retail sale of sports goods, including bicycles, camping equipment, fishing gear and boats, reflecting an online retail operation selling sports equipment, apparel and related supplements. The company is currently in administration, according to Companies House filing history. No further detail on trading operations or current activities is available from the evidence provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk