VALENCIA WASTE EXETER LIMITED
Company Information
- Company Number
- 01403771
- Registered Address
- Oil Depot, 242 London Road, Stretton On Dunsmore, England, CV23 9JA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 December 1978
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Valencia Waste Exeter Limited exhibits an average payment time of 30 days, with 61% of invoices settled within this period. While a majority pays on time, a substantial 36% extend payments into the 31-60 day window, indicating a consistent trend towards slightly delayed settlement for a significant portion of obligations. Only 3% are severely delayed beyond 60 days, suggesting that extreme lateness is not a dominant pattern, but the overall trajectory leans towards some delays.
Volatility Analysis
Payment reliability is moderate, with 61% of invoices paid within 30 days but a significant 39% extending beyond the initial terms. This split behavior introduces a degree of unpredictability, as nearly three out of ten payments (28% late) will not adhere to standard 30-day terms, posing a moderate operational risk for cash flow forecasting. While extreme delays (over 60 days) are minimal at 3%, the consistent proportion of payments falling into the 31-60 day bracket suggests a predictable pattern of moderate lateness for a portion of transactions.
Summary Analysis
Valencia Waste Exeter Limited presents as an acceptable, albeit slightly inconsistent, payer for suppliers. Key decision factors include acknowledging that while over 60% pay on time, suppliers should anticipate that approximately one-third of invoices may be settled between 31 and 60 days. To mitigate risk, suppliers should consider slightly longer payment terms, build a buffer into cash flow projections, or implement staged invoicing for larger contracts.
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 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 30 | 61% | 36% | 3% | 28% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 29 | 59% | 39% | 2% | 27% |
| 01 Oct 2019 - 31 Mar 2020 | 24 Apr 2020 | 26 | 74% | 23% | 3% | 17% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 28 | 77% | 18% | 5% | 17% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 25 | 82% | 12% | 6% | 11% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 16 | 92% | 6% | 2% | 14% |
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
30 days after the end of the month of receipt by the Customer of a valid undisputed invoice. All payment activity for Viridor Ltd and all subsidiaries are managed and processed by Viridor Waste Management Ltd (the main group trading company). As a result, the payment practices reported for Viridor Waste Management Ltd reflect all transactions across the group.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
As a result, the payment practices reported reflect all transactions across the Viridor group plus any specific payments made directly by the subsidiary. Viridor introduced an automated invoice process in conjunction with a new group ERP system on 1 April 2018. This was implemented to deliver improved financial governance and improve the timeliness and response to the invoice workflow and payments to suppliers. A valid invoice reflects: • registered and approved supplier • purchase order number • includes the necessary details of goods/services, date and financial detail and sent either electronically to invoices@viridor.co.uk or by post. Whilst Viridor is not a member of the prompt payment code, we do adopt the principles of the code including: 1. paying suppliers on time – with average payment days which is below our standard terms and lower than 30 days 2. Clear guidance to suppliers – our terms and conditions are included within our purchase orders and on our website. 3. Encourage good practice – as part of Viridor a Supplier Code of Conduct and Sustainable Procurement Policy was launched in November 2018.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Viridor Waste Management Ltd operates an automated invoice process. We work closely with our suppliers and aim to pay all invoices in a timely and accurate manner. Any disputes that arise are immediately brought to the attention of the dedicated Accounts Payable team and Transactional Services Manager who will engage with all relevant stakeholders to ensure a speedy and satisfactory resolution. Any dispute arising that is not resolved is escalated through the finance management structure and the Executive Management team member if required.
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.
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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
Company Summary
VALENCIA WASTE EXETER LIMITED is an active private limited company specialising in waste management services. Its name clearly indicates its focus within the waste sector.
The company was incorporated on 5 December 1978 under company number 01403771 and maintains an active status. Its registered office is located at Oil Depot, 242 London Road, Stretton On Dunsmore, England, CV23 9JA, within the West Midlands region.
Typical services provided by waste management companies in the UK involve the collection, transportation, treatment, and disposal of various waste streams. These often include commercial, industrial, and residential waste. Such companies also commonly provide recycling services, aiming to recover materials and reduce landfill usage.
