Score of 98.3/100 qualifies for PaymentCheck Certification
WATERMAN ASPEN LIMITED consistently demonstrates extremely fast payment trends, with an average payment time of just 5 days. A remarkable 96% of payments are completed within 30 days, indicating a strong and reliable trajectory of prompt financial settlement.
The company exhibits very low payment volatility, with 96% of invoices settled well within standard terms and 0% officially categorized as late. This highly predictable payment behavior suggests a minimal risk of significant delays for suppliers, making them a reliable partner from a cash flow perspective.
Overall, WATERMAN ASPEN LIMITED presents an exceptionally low payment risk profile, characterized by rapid and consistent settlement. Suppliers can confidently engage, recognizing the high reliability and minimal need for extensive risk mitigation strategies beyond standard due diligence.
| 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 2025 - 30 Jun 2025 | 31 Jul 2025 | 5 | 96% | 3% | 1% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Mar 2025 | 4 | 97% | 3% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company has two different types of supplier, those providing hourly based professional time. The payment term for their invoices is 7 days after the receipt of their approved timesheet. The second type of suppliers provide the company with overhead items. These suppliers are paid within 30 days as a standard rule unless their contract requires the company to comply with a different period as defined by their own standard terms of business.
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
60
Complaints and queries are initially managed by our accounts team. Most disputes are resolved at that level however, suppliers can escalate their compliant to our regional management team or head office management.
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
WATERMAN ASPEN LIMITED operates as an active private limited company. This corporate structure allows it to function as a distinct legal entity within the UK business landscape.
The company was incorporated on 8 December 1987 and is registered under company number 02203474. Its registered office is located at Pickfords Wharf, Clink Street, London, SE1 9DG, positioning its operations within London.
As a private limited company in the UK, it typically offers limited liability protection to its shareholders. This type of organisation is established to conduct commercial activities and can provide a wide range of goods or services to the market.