| 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 |
|---|---|---|---|---|---|---|
| 03 Nov 2025 - 03 May 2026 | 26 May 2026 | 43 | 48% | 35% | 17% | 30% |
| 05 May 2025 - 02 Nov 2025 | 02 Dec 2025 | 39 | 53% | 31% | 16% | 21% |
| 04 Nov 2024 - 04 May 2025 | 03 Jun 2025 | 45 | 44% | 32% | 24% | 36% |
| 06 May 2024 - 03 Nov 2024 | 04 Dec 2024 | 48 | 33% | 44% | 23% | 56% |
| 01 Nov 2023 - 30 Apr 2024 | 28 May 2024 | 53 | 24% | 43% | 33% | 49% |
| 01 May 2023 - 31 Oct 2023 | 27 Nov 2023 | 55 | 21% | 50% | 29% | 44% |
| 01 Nov 2022 - 30 Apr 2023 | 24 May 2023 | 61 | 20% | 58% | 22% | 67% |
| 02 May 2022 - 30 Oct 2022 | 28 Nov 2022 | 59 | 9% | 60% | 31% | 68% |
| 30 Oct 2021 - 01 May 2022 | 28 Nov 2022 | 53 | 19% | 51% | 30% | 76% |
| 29 Apr 2021 - 29 Oct 2021 | 18 Nov 2021 | 50 | 24% | 49% | 27% | 73% |
| 27 Oct 2020 - 28 Apr 2021 | 18 Aug 2021 | 60 | 15% | 44% | 41% | 85% |
| 27 Apr 2020 - 26 Oct 2020 | 25 Nov 2020 | 60 | 18% | 44% | 39% | 93% |
| 29 Oct 2019 - 26 Apr 2020 | 26 May 2020 | 57 | 13% | 49% | 39% | 91% |
| 29 Apr 2019 - 28 Oct 2019 | 27 Nov 2019 | 52 | 15% | 52% | 33% | 90% |
| 31 Oct 2018 - 28 Apr 2019 | 31 May 2019 | 62 | 14% | 51% | 35% | 86% |
| 30 Apr 2018 - 30 Oct 2018 | 29 Nov 2018 | 66 | 7% | 51% | 42% | 90% |
| 01 Nov 2017 - 30 Apr 2018 | 31 May 2018 | 0 | 8% | 46% | 46% | 88% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 57 | 9% | 51% | 40% | 85% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We don't have standard payment terms for our suppliers. 31% of our stock suppliers are on 30 days from invoice or less, 16% 30 days end of month (""EOM""), 22% 60 days & 27% 60 days EOM. 4% are on 90 days. Largest stock suppliers are on 90 EOM. 25% of expense suppliers are on 14 days or less from invoice, 55% 14 - 30 days from invoice and 13% 30 days EOM. 1% 60 days & 1% 60 days EOM. 6% are DD (so within 30 days) Largest expense suppliers are on 90EOM
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
In reference to the question regarding disputes, we do not have the function to track invoices being disputed. Where a query arises with the supplier this would be queried through email and the invoice paid once settled. In terms of our reporting, this would show as a late payment should this length of time take us beyond the agreed terms.
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
THE WORKS STORES LIMITED is a British discount retailer that offers a wide range of products including books, gifts, stationery, and arts and crafts supplies. The company was founded in 1981 and has now expanded to over 500 stores across the UK and Ireland.
As part of their commitment to sustainability, THE WORKS STORES LIMITED has implemented various initiatives to reduce their environmental impact. This includes using sustainable materials in their products, reducing plastic packaging, and promoting recycling and waste reduction in their stores. They also have a dedicated sustainability team that continuously works to improve their practices and reduce their carbon footprint.
The company offers a variety of affordable and high-quality products, ranging from children's books and toys to home decor and craft supplies. They also have a range of exclusive products in collaboration with popular brands such as Disney and Harry Potter.
The key people behind THE WORKS STORES LIMITED include CEO Gavin Peck, who has been with the company since 2016, and Chairman Dean Hoyle, who has been with the company since 2008. Their registered office address is at 19 Harcourt Street, London, W1H 4HF.
Customers can visit their website at www.theworks.co.uk to browse and purchase products, as well as find information about their sustainability efforts. The company also has a strong online presence, with active social media accounts on platforms like Facebook, Twitter, and Instagram. Overall, THE WORKS STORES LIMITED is a popular and growing retailer that not only offers affordable products but also strives to make a positive impact on the environment.