The trend for BUILD-A-BEAR WORKSHOP UK LIMITED's average time to pay has been decreasing over the past 5 periods, with a significant decrease of 6 days between the first and most recent period. This suggests that the company has been making efforts to pay their invoices to suppliers in a timely manner.
The volatility of BUILD-A-BEAR WORKSHOP UK LIMITED's average time to pay has been relatively stable, with only a 5-day difference between the lowest and highest values. However, there was a slight increase in volatility in the most recent period, with an 11-day difference between the highest and lowest values.
| 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 |
|---|---|---|---|---|---|---|
| 04 Aug 2024 - 01 Feb 2025 | 26 Feb 2025 | 48 | 62% | 26% | 12% | 39% |
| 04 Feb 2024 - 03 Aug 2024 | 02 Sept 2024 | 38 | 64% | 27% | 9% | 40% |
| 29 Jul 2023 - 03 Feb 2024 | 01 Mar 2024 | 50 | 62% | 26% | 12% | 37% |
| 29 Jan 2023 - 28 Jul 2023 | 21 Aug 2023 | 34 | 66% | 26% | 8% | 40% |
| 30 Jul 2022 - 28 Jan 2023 | 23 Feb 2023 | 73 | 58% | 25% | 17% | 42% |
| 30 Jan 2022 - 29 Jul 2022 | 22 Aug 2022 | 64 | 60% | 25% | 15% | 38% |
| 31 Jul 2021 - 29 Jan 2022 | 25 Feb 2022 | 53 | 56% | 27% | 17% | 43% |
| 31 Jan 2021 - 31 Jul 2021 | 23 Aug 2021 | 34 | 73% | 11% | 16% | 42% |
| 03 Feb 2020 - 02 Aug 2020 | 29 Sept 2020 | 19 | 91% | 6% | 3% | 9% |
| 04 Aug 2019 - 01 Feb 2020 | 10 Mar 2020 | 18 | 76% | 15% | 9% | 9% |
| 03 Feb 2019 - 03 Aug 2019 | 29 Aug 2019 | 18 | 64% | 17% | 19% | 19% |
| 04 Aug 2018 - 02 Feb 2019 | 04 Mar 2019 | 22 | 79% | 18% | 3% | 3% |
| 04 Feb 2018 - 04 Aug 2018 | 03 Sept 2018 | 24 | 67% | 28% | 5% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Under BABW's standard contractual terms we commit to the payment of all undisputed sums properly due to third party suppliers within 30 days of receipt of valid invoice. Invoices are received via our central processing centre, accessed at AccountsPayableUK@buildabear.com and via post.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No
Maximum contractual payment period agreed
60
BABW's authorised representatives seek to resolve any issues as soon as possible before invoice is approved for payment. The authorised representative is the supplier's main contact with BABW for the purchases. This is typically the person who has ordered the goods or services and who has been named on the invoice.
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
Build-A-Bear Workshop UK Limited is the UK subsidiary of the global Build-A-Bear Workshop group, registered for the retail sale of games and toys. The wider brand operates interactive Workshop stores where customers, particularly children, build and personalise stuffed toys, supported by a stuffing experience and Heart Ceremony. The group also extends into related entertainment such as films, books, YouTube content and games. In the UK, the company trades through Build-A-Bear Workshop stores and an online shop offering plush toys, accessories and licensed collections including Star Wars, Disney, Pokémon and Harry Potter ranges, alongside gift and party services.
Generated from the company's website and Companies House records. Sources: buildabear.co.uk · buildabear.co.uk