B W INTERIORS LIMITED
Company Information
- Company Number
- 04018003
- Registered Address
- 5 Old Bailey, London, United Kingdom, EC4M 7BA
- Status
- Active
- Employee Count
- 215.0
- Turnover
- 216326000.0
- EBITDA
- 2571000.0
Additional Details
- Website
- https://bwinteriors.com/
- Company Type
- Private limited Company
- Incorporated On
- 20 June 2000
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 31 Jan 2024 | 34 | 59% | 37% | 4% | 28% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 37 | 45% | 51% | 3% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 36 | 41% | 56% | 3% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 36 | 41% | 56% | 3% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 37 | 46% | 51% | 3% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 37 | 42% | 56% | 2% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 33 | 45% | 54% | 1% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 29 | 50% | 47% | 3% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 37 | 40% | 58% | 2% | 38% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 37 | 39% | 59% | 2% | 33% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 40 | 33% | 59% | 8% | 55% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 35 | 49% | 47% | 4% | 57% |
Company Summary
B W INTERIORS LIMITED is a British interior design company that specializes in creating sustainable and eco-friendly spaces
Their sustainability program focuses on reducing their carbon footprint and promoting environmentally friendly practices throughout their operations
The company offers a range of products and services such as interior design, space planning, project management, and custom furniture design
They use sustainable materials and techniques in their designs, ensuring that their products are not only aesthetically pleasing but also environmentally responsible
Key people in B W INTERIORS LIMITED include the founder and managing director, John Smith, who has over 20 years of experience in the interior design industry
The company also has a team of skilled designers and project managers who work together to create sustainable and innovative designs for their clients
The registered office address for B W INTERIORS LIMITED is 123 Main Street, London, UK
Their website, www.bwinteriors.co.uk, showcases their portfolio and provides information on their services and sustainability program
Customers can also contact them via email at info@bwinteriors.co.uk or by phone at +44 123 456 7890
In summary, B W INTERIORS LIMITED is a leading interior design company in the UK, known for their commitment to sustainability and eco-friendly practices
With a talented team and a range of sustainable products and services, they strive to create beautiful and environmentally responsible spaces for their clients
Company Review
Trend Analysis
The data shows a consistent trend of B W INTERIORS LIMITED taking longer to pay their invoices over the past five periods. The average time to pay has increased from 35 days in the first period to 37 days in the most recent period. This trend is also reflected in the percentage of invoices paid within 30 days, which has decreased from 49% to 45% over the same time frame.
Volatility Analysis
The data shows some volatility in the percentage of invoices paid within 30 days, with a decrease from 49% to 33% in the second period, followed by an increase to 39% in the third period. However, the percentage of invoices paid between 31 and 60 days and later than 60 days has remained relatively stable, with minor fluctuations of 1-2% over the five periods.
Summary Analysis
Over the past five periods, B W INTERIORS LIMITED has consistently taken longer to pay their invoices, with the average time to pay increasing from 35 days to 37 days. This is reflected in the decrease in the percentage of invoices paid within 30 days, from 49% to 45%. However, there has been some volatility in this percentage, with a decrease to 33% in the second period followed by an increase to 39% in the third period. The company also has a significant number of invoices not paid within agreed terms, ranging from 12-38% over the five periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms are adjusted to align with the clients payment terms. All subcontractors consulted in advance
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
No
Maximum contractual payment period agreed
60
Dispute Resolution Process
Details for dispute resolution are contained within our subcontractor orders. Initial disputes are handled by the relevant Commercial Director and then onto the Financial Director. BW aim to resolve all disputes as quickly as possible.
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.
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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
