The average payment time for WAGAMAMA CPU LIMITED is 48 days, indicating a consistent trend of payments falling into the 31-60 day range. A significant 87% of invoices are settled within this 31-60 day window, establishing this as their predominant payment cycle. While 9% are paid within 30 days, and 4% exceed 60 days, the strong majority points to a predictable, albeit extended, payment trajectory.
The high concentration of payments (87%) within the 31-60 day period suggests a reasonable level of predictability for suppliers expecting payment in that timeframe. However, the 7% late payment rate, combined with 4% of payments exceeding 60 days, introduces a notable risk factor for potential delays beyond the expected cycle. This indicates some volatility, as a small but meaningful percentage of invoices will not adhere to the primary 31-60 day pattern.
Overall, WAGAMAMA CPU LIMITED demonstrates a largely predictable payment pattern, with the majority of invoices settled within 31-60 days. Suppliers should factor in this average 48-day payment cycle when managing cash flow and may consider adjusting payment terms accordingly. To mitigate the risk of the 7% late payments, it is advisable to maintain clear communication regarding invoice due dates and potentially apply staggered invoicing for larger contracts.
| 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 CPU LIMITED is an active private limited company operating under its registered name within the Wagamama brand structure. It functions as a UK-based limited liability entity.
Incorporated on 20 October 2016, the company holds the registration number 10439358. Its registered office is situated in London at 5-7 Marshalsea Road, SE1 1EP, England.
Companies operating under the Wagamama brand typically specialise in the hospitality sector. They are known for providing pan-Asian cuisine in a casual dining restaurant format across the United Kingdom.