Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 89.53/100 qualifies for PaymentCheck Certification
| 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 2025 - 31 Mar 2026 | 30 Apr 2026 | 30 | 93% | 5% | 2% | 3% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 30 | 93% | 6% | 1% | 3% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 30 | 87% | 9% | 4% | 4% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 30 | 82% | 13% | 4% | 5% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 30 | 94% | 3% | 3% | 5% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 29 | 89% | 8% | 3% | 4% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 30 | 85% | 8% | 7% | 4% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 24 | 85% | 10% | 5% | 4% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 23 | 92% | 6% | 2% | 4% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 24 | 89% | 9% | 2% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 30 | 85% | 10% | 5% | 8% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 44 | 71% | 26% | 3% | 15% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 35 | 79% | 20% | 1% | 28% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 35 | 72% | 16% | 12% | 21% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 22 | 79% | 17% | 4% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days from invoice and 30 days from end of the month
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
90
For any non payment dispute information received by our user or accounts, the same is checked against our accounting records for non payment & if not paid the request is send to our user & if our user of goods/services is in agreement with the supplies invoice, the same is approved & sent to accounts for processing.
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
Secure Meters (UK) Limited is the UK arm of Secure, an Indian multinational group that designs and manufactures metering and energy-control hardware. The wider group specialises in smart meters, electricity and gas meters, revenue management systems, power quality monitoring and heating controls, including products such as prepayment meters, digital panel meters and radiator controllers. Its devices are used for residential, commercial and industrial energy measurement and management, with the group operating in more than 60 countries and holding manufacturing partnerships beyond the UK. The UK company forms part of this global network, contributing to the group's presence in energy metering and efficiency solutions rather than trading as an independent manufacturer in its own right.
Generated from the company's website and Companies House records. Sources: securemeters.com · securemeters.com