WAGAMAMA (HOLDINGS) LIMITED demonstrates a consistent trend of settling invoices within an extended timeframe, with an average payment time of 48 days. A significant 90% of payments fall within the 31-60 day window, indicating a predictable trajectory towards mid-term settlement rather than early payment.
The high concentration of payments between 31 and 60 days suggests moderate predictability, making it reliable for suppliers to anticipate payment within this specific period. However, 5% of payments extending beyond 60 days, coupled with a 9% late payment rate, introduces a slight, but manageable, risk of occasional delays that could impact immediate cash flow.
Suppliers should factor in WAGAMAMA's average 48-day payment cycle and the predominant 31-60 day window when planning their cash flow. It is advisable to establish clear payment terms and manage expectations for a consistent, albeit extended, payment schedule, mitigating risk by accounting for the minor late payment percentage.
| 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 (HOLDINGS) LIMITED is an active private limited company. Operating as a holding company, its primary function is to own and manage shares in other companies, typically associated with the Wagamama brand.
Incorporated on 8 March 2011, WAGAMAMA (HOLDINGS) LIMITED holds company number 07556525 and maintains an active status. Its registered office is situated at 5-7 Marshalsea Road, London, England, SE1 1EP.
In the UK market, companies of this type typically provide services such as strategic oversight, centralised administrative functions, and the management of intellectual property and assets for a group of subsidiary companies. This structure facilitates group governance and brand management.