| 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 2025 - 31 Dec 2025 | 27 Jan 2026 | 33 | 50% | 47% | 3% | 11% |
| 01 Jan 2025 - 30 Jun 2025 | 08 Aug 2025 | 37 | 48% | 47% | 5% | 25% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 38 | 40% | 56% | 4% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Aug 2024 | 40 | 44% | 51% | 5% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 39 | 38% | 57% | 5% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Purchase ledger payment terms are 30 days end of month, consequently average payment terms for purchase invoices would be expected to be 45 days from the invoice date. In respect of subcontractor payments, these terms are 30 days end of month or 42 days end of month from the date the claim is received. This is as stated in the individual Sub-Contract agreement.
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
42
Purchase ledger invoices – suppliers should contact the accounts department in relation to queries. Disputes will be resolved with the assistance of personnel ordering the goods or services and invoice processing is subject to completed purchase orders and appropriate receipt or proof of delivery. Queries or disputes in relation to subcontractor payments should be addressed in the first instance to the relevant Quantity Surveyor or to the Subcontract Ledger Clerk within the accounts department. Any unresolved issues thereafter can be referred to the surveying / Commercial Director(s).
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
Eric Wright Water Limited is a subsidiary within the Eric Wright Group, a Lancashire-based construction and infrastructure business. Companies House records list its activities as construction of water projects, electrical installation and other specialised construction work, alongside plant hire and leasing. The wider Eric Wright Group's own website identifies Water as one of its distinct operating businesses, with a dedicated head office and regional offices serving the Midlands, Yorkshire and Scotland. The Group as a whole works across public and private sector construction, civil engineering, partnerships and development, reporting group turnover in excess of £200 million, though this figure relates to the wider group rather than this entity alone.
Generated from the company's website and Companies House records. Sources: ericwright.co.uk · ericwright.co.uk