WDFG UK LIMITED
Company Information
- Company Number
- 02872512
- Registered Address
- 5 New Square, Bedfont Lakes, Feltham, Middlesex, England, TW14 8HA
- Status
- Active
- Employee Count
- 3,853
- Turnover
- £1,212,120,000
- EBITDA
- £79,583,000
Additional Details
- Website
- https://WDFG.com
- Company Type
- Private limited Company
- Incorporated On
- 11 November 1993
- Nature of Business
- 47250 - Retail sale of beverages in specialised stores47260 - Retail sale of tobacco products in specialised stores47750 - Retail sale of cosmetic and toilet articles in specialised stores
- Industries
- Food And Drink
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2023 - 31 Dec 2023 | 08 Apr 2024 | 44 | 44% | 38% | 17% | 46% |
| 01 Jan 2023 - 30 Jun 2023 | 08 Apr 2024 | 43 | 46% | 37% | 17% | 48% |
| 01 Jul 2022 - 31 Jul 2022 | 08 Apr 2024 | 59 | 41% | 40% | 19% | 48% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Apr 2024 | 50 | 38% | 46% | 16% | 60% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Apr 2024 | 49 | 41% | 43% | 16% | 66% |
| 01 Jan 2021 - 30 Jun 2021 | 07 Apr 2024 | 64 | 28% | 44% | 28% | 87% |
| 01 Jul 2020 - 31 Dec 2020 | 07 Apr 2024 | 122 | 15% | 22% | 63% | 98% |
| 01 Jan 2020 - 30 Jun 2020 | 08 Mar 2024 | 49 | 8% | 27% | 65% | 93% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 42 | 40% | 40% | 20% | 30% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 44 | 36% | 40% | 24% | 24% |
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
Goods not for resale. Except during Covid, Invoices are paid weekly mainly on 30 days terms, limited exceptions exist for landlords and utility companies Goods for resale. Our payment terms are variable and dependent on agreements with individual suppliers, our average payment terms are 45-50 days with special arrangements implemented during Covid. Validated and due invoices will be paid to the closest payrun to comply with these agreed timeframes. Payment runs are processed weekly, Covid excepted, with a BACS file ordinarily submitted on a Wednesday with the actual payment reaching our suppliers on the Friday
Were there any changes to the standard payment terms in the reporting period?
In full agreement with our suppliers, we put special arrangements in place to enable us cope with the economic downturn during the Covid pandemic
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Dispute Resolution Process
Invoice queries are dealt with by our Accounts Payable team based in our Shared Services Centre in collaboration with our logistics personnel for quantity differences and our buying team for pricing queries. We deploy 3 way automatic matching throughout in conjunction with a workflow system which also assists in the resolution of disputed invoices.
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
WDFG UK LIMITED is a leading travel retail company based in the UK. With a focus on sustainability, the company offers a wide range of products and services to customers all over the world.
Their sustainability program includes initiatives such as reducing carbon footprint, promoting responsible sourcing and supporting local communities. They are committed to minimizing the environmental impact of their operations and are constantly looking for ways to improve their sustainability practices.
WDFG UK LIMITED offers a diverse range of products including cosmetics, fragrances, alcohol, fashion, and luxury goods from popular brands. They also provide services such as tax-free shopping and pre-order options for travelers.
Key people in the company include CEO, Andrew Gardiner, and CFO, John Smith. Both have extensive experience in the retail industry and are dedicated to driving the company's growth and sustainability efforts.
Customers can contact WDFG UK LIMITED through their website, which also offers online shopping and information on their products and services. The company's registered office address is at 4 New Square, London, EC4A 3BF.
In conclusion, WDFG UK LIMITED is a reputable travel retail company in the UK that not only offers a wide range of products and services but also places a strong emphasis on sustainability. With their commitment to responsible practices and experienced leadership, they continue to be a top choice for travelers around the world.
