VWS (UK) LTD

PaymentCheck Score 2020
49Poor
New Entry
#3981 in UK
#98 in Environment
#684 in South East

Company Information

Company Number
00327847
Registered Address
Windsor Court, Kingsmead Business Park, High Wycombe, Buckinghamshire, HP11 1JU
Status
Active
Employee Count
517
Turnover
£118,749,000
EBITDA
£21,561,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 May 1937
Nature of Business
36000 - Water collection, treatment and supply
Industries
Environment,Agriculture And Waste
Region
South East

Time to Pay

Average Time to Pay
41 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
18%
31-60 Days
76%
After 60 Days
6%
Not Paid Within Terms30%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-02-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202017 Feb 20214314%80%6%28%
01 Jan 2020 - 30 Jun 202017 Feb 20214118%76%6%30%
01 Jan 2019 - 30 Jun 201926 Jul 20195022%65%13%36%
01 Jan 2018 - 30 Jun 201826 Jul 20184519%70%11%39%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our standard payment terms are to pay undisputed invoices 30 days following the month 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

60

Dispute Resolution Process

In the first instance, all queries regarding payment of invoices should be directed to the Accounts Payable Team at vws.ap@veolia.com. We will always provide explanations for delayed payment and indicate what actions the supplier needs to carry out in order to expedite payment. In common with all businesses, we carry out a range of checks on all invoices against a number of criteria in order to ensure that the invoice is valid and correct and so qualifies to be paid within terms as an undisputed invoice. If an invoice fails to pass all criteria we will advise the supplier as soon as possible, explain the nature of the error/query/failure and explain the corrective action that we require to bring the invoice to undisputed status and allow settlement to proceed in a timely manner. If a supplier feels that they cannot resolve the issue with the Accounts Payable Team and needs to engage with a more senior representative, then the supplier will be directed to the relevant Business Unit Financial Controller within VWS (UK) Limited.

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

Company Summary

VWS (UK) LTD is a leading provider of sustainable solutions for water and wastewater treatment. The company is committed to promoting environmental sustainability and offers a wide range of products and services to help customers reduce their ecological footprint.

The sustainability program at VWS (UK) LTD focuses on three key areas: reducing water consumption, minimizing energy usage, and promoting the reuse of resources. The company offers innovative technologies such as membrane bioreactors, anaerobic digestion, and reverse osmosis to help customers achieve sustainable water and wastewater management. VWS (UK) LTD also provides consulting services to help organizations develop and implement sustainable water strategies.

The key people at VWS (UK) LTD include the managing director, David Williams, who has over 25 years of experience in the water and wastewater industry. The company also has a team of experienced engineers, consultants, and technicians who work closely with customers to provide customized solutions.

For more information on VWS (UK) LTD and its products and services, you can visit their website at www.vwsltd.co.uk. The company's registered office address is at Unit 8, Coombswood Business Park, East Coombswood Way, Halesowen, West Midlands, B62 8BH. You can also contact them via email at enquiries@vwsltd.co.uk or by phone at +44 (0) 121 550 6224.

Financial Metrics

Cash
£139,000
Net Worth
£79,485,000
Total Current Assets
£117,622,000
Total Current Liabilities
£42,110,000

Company Location