| 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 2019 - 30 Jun 2019 | 22 Aug 2019 | 65 | 19% | 26% | 56% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Aug 2019 | 95 | 4% | 36% | 60% | 38% |
| 01 Jan 2018 - 31 Jul 2018 | 14 Sept 2018 | 60 | 9% | 47% | 44% | 49% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Direct 90 Indirect 120
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
no
Maximum contractual payment period agreed
120
The business operates an accounts payable helpdesk model to service supplier queries. Queries are answered within 2 working days following receipt of the query.
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Elster Metering Limited is a UK registered company that has traded under several names since its incorporation in 1966, previously known as Kent Meters Limited and later ABB Metering Limited before adopting its current name. Its registered Companies House classification covers the manufacture of non-electronic measuring and testing equipment, indicating a focus on producing metering devices. The company's registered office is at Honeywell House in Bracknell. No further detail on specific products, markets or corporate group relationships is available from the supplied evidence, but the company's activity centres on manufacturing measurement equipment rather than distributing or servicing third-party goods.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk