Wagamama Group consistently averages 48 days for payments, with a strong trend showing 90% of invoices settled within the 31-60 day window. This indicates a predictable payment trajectory that typically extends beyond standard 30-day terms for the vast majority of transactions.
The payment profile exhibits low volatility, as 90% of invoices are reliably settled within the 31-60 day period. However, a 9% late payment rate, with 5% extending over 60 days, introduces a minor degree of unpredictability and risk for a small proportion of invoices.
Overall, Wagamama Group presents a moderately reliable payment profile, consistently settling the majority of invoices around 48 days. Suppliers should align their payment terms to 60 days to match this established behavior. Mitigate the low but present risk of 9% late payments by factoring in potential extended payment cycles for a minority of invoices.
| 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 2024 - 29 Dec 2024 | 16 Jan 2025 | 48 | 9% | 87% | 4% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are the last business day of the month after the invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
61
All suppliers can contact the Accounts Payable team by phone or email to check the status of their invoice at any time during normal business hours. Disputes would typically be escalated to a senior member of the finance, procurement or relevant operational function. If necessary, this may be further escalated to the relevant executive board member.
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
WAGAMAMA GROUP LIMITED is a private limited company, established to operate as a group entity for the Wagamama brand. It functions as a holding or parent company responsible for the strategic direction and management of businesses associated with the Wagamama name.
The company holds company number 03237591 and is currently active. It was incorporated on 13 August 1996 and maintains its registered office at 5-7 Marshalsea Road, London, England, SE1 1EP.
As a private limited company operating as a group entity, WAGAMAMA GROUP LIMITED typically provides strategic management and oversight for subsidiary organisations. Its functions commonly involve managing intellectual property, brand strategy, and central administrative services for the group within the UK market.