A significant majority of payments (71%) are settled within 30 days, indicating a strong inclination towards promptness. Despite an average payment time of 33 days, this trend suggests consistent payment behavior, with most invoices being processed relatively quickly.
While most payments are prompt, the 8% of payments extending beyond 60 days and the 13% late payment rate introduce a degree of unpredictability. This suggests moderate volatility, requiring suppliers to account for potential extended delays on a small but notable portion of invoices.
ALLWYN ENTERTAINMENT LTD generally exhibits reliable payment practices, with a high proportion of on-time settlements. Suppliers should primarily consider the 8% risk of payments exceeding 60 days and may wish to implement clear payment terms or consider phased billing for larger projects to manage this specific exposure.
| 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 Jan 2025 - 30 Jun 2025 | 07 Aug 2025 | 33 | 71% | 21% | 8% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 28 | 76% | 19% | 5% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 28 | 78% | 21% | 1% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from the date of invoice.
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
45
In the event of a supplier payment dispute, the company should initially contact Allwyn’s Accounts Payable department by email (ap@allwyn.co.uk) The supplier will receive an acknowledgement within 72 hours.
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
ALLWYN ENTERTAINMENT LTD is a private limited company operating within the entertainment industry. This business structure means it is a legally distinct entity with limited liability.
An active private limited company, ALLWYN ENTERTAINMENT LTD was incorporated on 25 January 2021 with company number 13157556. Its registered office is located at 37-39 Clarendon Road, Watford, Hertfordshire, United Kingdom, WD17 1JA, and its geographical classification is 'Other'.
Companies operating within the entertainment sector typically specialise in providing services or products related to leisure, media, and creative industries. This can encompass event organisation, content creation, production, and various forms of performance or digital entertainment for the UK market.