ELSTER METERING LIMITED

Company Information

Company Number
00873781
Registered Address
Honeywell House, Skimped Hill Lane, Bracknell, Berkshire, England, RG12 1EB
Status
Active
Employee Count
50
Turnover
£35,196,000
EBITDA
£3,249,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 March 1966
Nature of Business
26513 - Manufacture of non-electronic measuring, testing etc. equipment, not for industrial process control
Industries
Manufacturing
Region
South East

Time to Pay

Average Time to Pay
95 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
4%
31-60 Days
36%
After 60 Days
60%
Not Paid Within Terms38%

Payment Features

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

Invoice Payment Practices

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

Payment Terms

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

Dispute Resolution Process

The business operates an accounts payable helpdesk model to service supplier queries. Queries are answered within 2 working days following receipt of the query. 

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

ELSTER METERING LIMITED is a UK-based company that specializes in providing innovative metering solutions for the gas, electricity, and water industries. The company has a strong focus on sustainability and offers a range of products and services that promote energy efficiency and conservation.

One of ELSTER's key sustainability initiatives is the development of smart metering technology, which allows for real-time monitoring and management of energy consumption. This not only helps customers to reduce their energy usage, but also helps utility companies to better manage their resources and reduce waste.

ELSTER's product range includes both traditional and smart meters, as well as advanced data management and analytics software. The company also offers installation and maintenance services for their products.

At the helm of ELSTER is CEO Manfred Rommel, who brings over 20 years of experience in the metering industry. The company is headquartered in Cambridge, UK and has a global presence with offices in Europe, North America, and Asia.

ELSTER is committed to sustainability not only in their products and services, but also in their operations. The company has implemented various measures to reduce their carbon footprint, such as using renewable energy sources and optimizing their supply chain.

For more information about ELSTER and their sustainability efforts, you can visit their website at www.elster.com. Their registered office address is 2 Millennium Gate, Westmere Drive, Crewe, Cheshire, CW1 6AY, United Kingdom.

Financial Metrics

Cash
£27,920,000
Net Worth
£24,701,000
Total Current Assets
£42,346,000
Total Current Liabilities
£11,403,000

Company Location