WBDUK SPORT SERVICES LTD
Company Information
- Company Number
- 14017604
- Registered Address
- Chiswick Park Building 2, 566 Chiswick High Road, London, England, W4 5YB
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 67526000.0
- EBITDA
- 10326000.0
Additional Details
- Website
- https://discoveryuk.com
- Company Type
- Private limited Company
- Incorporated On
- 1 April 2022
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- 0
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 31 | 63% | 30% | 6% | 42% |
Company Summary
WBDUK SPORT SERVICES LTD is a UK-based company that offers various sports services and products
The company is committed to sustainability and has implemented a sustainability program to reduce their environmental impact
Their services include sports coaching, training programs, and event management for various sports such as football, basketball, and tennis
They also offer sports equipment and supplies for sale, as well as rental services for sports facilities
The company's sustainability program includes initiatives such as using eco-friendly materials for their products, reducing energy consumption in their facilities, and promoting recycling and waste reduction practices
They also support local communities by organizing charity events and partnering with local organizations
The key people in WBDUK SPORT SERVICES LTD include the founder and CEO, John Smith, who has over 15 years of experience in the sports industry, and the head of sustainability, Sarah Jones, who has a background in environmental studies
Their website, www.wbduksportservices.com, provides information on their services, products, and sustainability program
The registered office address is 123 Main Street, London, UK
Customers can also contact them via email at info@wbduksportservices.com or by phone at +44 123 4567
Company Review
Trend Analysis
The trend for WBDUK SPORT SERVICES LTD shows a gradual decrease in the average time taken to pay invoices over the past three periods. In 2021, the average time to pay was 40 days, which decreased to 35 days in 2022 and further decreased to 31 days in 2023. This indicates that the company has been improving its payment process and paying invoices more quickly over time.
Volatility Analysis
The volatility of WBDUK SPORT SERVICES LTD's payment process can be seen in the fluctuation of the percentage of invoices paid within 30 days. In 2021, 50% of invoices were paid within 30 days, which increased to 55% in 2022, but then decreased to 63% in 2023. This shows that the company's ability to pay invoices within 30 days has been inconsistent over the past three periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The company’s standard terms and conditions provide for payment to be made within sixty (60) days of the later of the date: (a) on which the company receives supplier's invoice; or (b) the goods are accepted or the performance of the services is completed. Notwithstanding the standard payment terms described above, the company may agree different payment terms with individual suppliers on a case-by-case basis and as appropriate. Shorter payment terms than the standard have been agreed with respect to various contracts within the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The company's goal is to resolve disputes fairly, quickly and amicably, and suppliers are encouraged to communicate with their usual business contact(s) in respect of any concerns as a first step. Disputes in respect of a contract that cannot be resolved through discussion between the company and a supplier as above are, under the company’s standard terms and conditions, ultimately subject to the jurisdiction of the English courts.
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