Based on the data provided, there is a noticeable increase in the average time taken for W M FRAMES LTD to pay invoices to suppliers. In the first period (Jan-Jun 2018), the average time to pay was not recorded, but in the second period (Jul-Dec 2018), it was 0 days. However, in the third period (Jan-Jun 2019), it increased to 3.2 days. This suggests that the company may be experiencing some delays in their payment process.
There is a significant volatility in the percentage of invoices paid within 30 days. In the first period (Jan-Jun 2018), 100% of invoices were paid within 30 days. However, in the second period (Jul-Dec 2018), this dropped to 60%. In the third period (Jan-Jun 2019), it increased to 96.3%. This suggests that the company may have faced some challenges in paying invoices on time, but they were able to improve their payment performance in the third 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 Jan 2019 - 28 Jun 2019 | 16 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 25 Jul 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 01 Oct 2018 |
W M FRAMES LTD is an active private limited company, incorporated on 24 November 1994, based in the East Midlands region. Registered business activity: Manufacture of other furniture.
From Companies House records.