WORLD OF BOOKS LIMITED
Company Information
- Company Number
- 06437594
- Registered Address
- Mulberry House, Woods Way, Goring By Sea, West Sussex, BN12 4QY
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 November 2007
- Nature of Business
- 47910 - Retail sale via mail order houses or via Internet
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
WORLD OF BOOKS LIMITED demonstrates an excellent payment trend, with an average payment time of just 15 days. This is further reinforced by 96% of invoices being settled within 30 days, indicating a consistent and efficient payment trajectory. The overwhelming majority of payments are handled promptly, establishing a highly reliable pattern for suppliers.
Volatility Analysis
Payment reliability is very high, with a strong predictability that 96% of invoices will be paid within 30 days. However, a 10% late payment rate introduces a minor element of unpredictability regarding strict adherence to payment terms for a small portion of invoices. While a small risk, the very low 1% of payments exceeding 60 days means severe delays are rare, making their payment behavior largely stable.
Summary Analysis
Suppliers can generally expect prompt payments from WORLD OF BOOKS LIMITED, given their rapid average payment time and high percentage of on-time settlements. Key decision factors include the strong cash flow predictability against the minor but consistent 10% late payment rate. To mitigate the slight risk of late payments, suppliers should establish clear payment terms and consider proactive follow-ups for invoices approaching their due date.
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 |
|---|---|---|---|---|---|---|
| 27 Apr 2021 - 24 Nov 2021 | 25 Nov 2021 | 15 | 96% | 3% | 1% | 10% |
| 01 Nov 2020 - 26 Apr 2021 | 29 Apr 2021 | 14 | 96% | 3% | 1% | 19% |
| 01 May 2020 - 31 Oct 2020 | 27 Nov 2020 | 14 | 97% | 2% | 1% | 17% |
| 01 Nov 2019 - 30 Apr 2020 | 05 Jun 2020 | 30 | 95% | 4% | 1% | 18% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 30 | 84% | 12% | 4% | 9% |
| 01 Nov 2018 - 30 Apr 2019 | 08 May 2019 | 30 | 83% | 15% | 2% | 3% |
| 01 May 2018 - 31 Oct 2018 | 27 Nov 2018 | 30 | 78% | 19% | 3% | 7% |
| 01 Nov 2017 - 30 Apr 2018 | 29 May 2018 | 30 | 86% | 12% | 2% | 3% |
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
The standard payment terms relating to the supply of books for resale is 60 days from the date of invoice. However due to the nature of the business there are also non-standard supplier payment terms which are shorter and longer than our preferred standard terms. Excluding books, the standard terms relating to the supply of operations and logistical services to the company are 60 days from date of invoice. However there are non-standard supplier payment terms which are shorter and longer than the standard terms. The company standard payment terms are 60 days. However, in certain circumstances, a supplier will seek to impose its own payment terms, and in other circumstances, a bespoke contract will be agreed.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
Resolution of disputes is handled on a case-by-case basis. The company seeks to resolve 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.
❌
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
WORLD OF BOOKS LIMITED is an active private limited company operating within the books sector. Its name indicates involvement with the trade or provision of books.
Incorporated on 26 November 2007, the company holds company number 06437594. Its registered office is located at Mulberry House, Woods Way, Goring By Sea, West Sussex, BN12 4QY, placing its operations within the South East region of the UK.
Companies operating within the books sector in the UK typically specialise in a range of activities. These commonly include the retail or wholesale of new and pre-owned books, publishing, or distribution services to various markets.
