WESSEX WATER SERVICES LIMITED

PaymentCheck Score 2025
86Good
0.8vs last year
#1264 in UK
#27 in Environment
#66 in South West

Company Information

Company Number
02366648
Registered Address
Wessex Water Operations Centre, Claverton Down Road, Claverton Down, Bath, BA2 7WW
Status
Active
Employee Count
2,691
Turnover
£541,800,000
EBITDA
£254,600,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 April 1989
Nature of Business
36000 - Water collection, treatment and supply
37000 - Sewerage
Industries
Environment,Agriculture And Waste
Region
South West

Time to Pay

Average Time to Pay
18 days
Shortest Period:2 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
72%
31-60 Days
27%
After 60 Days
1%
Not Paid Within Terms10%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202515 Jul 20251873%26%1%10%
01 Jul 2024 - 31 Dec 202408 Jan 20251872%27%1%10%
01 Jan 2024 - 30 Jun 202412 Jul 20241675%25%0%9%
01 Jul 2023 - 31 Dec 202304 Jan 20241676%24%0%8%
01 Jul 2022 - 31 Dec 202213 Jan 20231676%24%0%9%
01 Jul 2021 - 31 Dec 202111 Jan 20221871%28%1%10%
01 Jan 2021 - 30 Jun 202114 Jul 20211873%27%0%9%
01 Jul 2020 - 31 Dec 202018 Jan 20211489%11%0%4%
01 Jan 2019 - 30 Jun 201909 Jul 20191874%25%1%8%

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

Conditions of Contract for the Supply of Goods and Services - Payment will be made by BACS at the end of the Company’s accounting month following the accounting month of Delivery or receipt of invoice, whichever is the later. Capital Delivery Contract Payments. Fixed AMP schedule for payments under contract types NEC3, ECC, PSC, Discrete, E Short, TDO, frameworks, Bespoke contracts and ICE

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Alternative payment options • 7 days - Push Pay card payments (Processed weekly/Mon) • 30 days - Card payments (MOTO & E-Commerce)

Maximum contractual payment period agreed

45

Dispute Resolution Process

Any dispute arising out of or in respect of the Purchase Order may be referred in writing by either Party to a dispute resolution committee comprising the Company Representative and the Supplier Representative. Failing resolution of the dispute by the dispute resolution committee within a period of 10 (ten) Business Days of the reference to them the dispute may immediately be referred in writing by either Party for determination to the Company’s procurement team and Supplier sales manager who shall seek to reach agreement of the dispute within 1 (one) calendar month.

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

Wessex Water Services Limited is a British water and sewage company that provides services to over 2.8 million customers in the south and west of England. The company is committed to sustainable practices and has implemented a sustainability program to reduce their environmental impact.

One of the key initiatives of the sustainability program is the reduction of carbon emissions. Wessex Water has invested in renewable energy sources, such as solar and wind power, to generate electricity for their operations. They have also implemented energy-efficient measures in their buildings and processes.

The company also has a strong focus on water conservation. They have implemented various measures to reduce water usage, such as promoting the use of water-efficient appliances and providing free water-saving devices to customers. In addition, they have implemented a leak detection and repair program to reduce water wastage.

Wessex Water offers a range of products and services to their customers, including water and sewage treatment, supply and distribution, and wastewater management. They also offer services for trade effluent management, water quality testing, and industrial waste management.

The key people at Wessex Water include the CEO, Colin Skellett, and the Chairman, Robert Miller-Bakewell. They also have a team of directors and managers who oversee the day-to-day operations of the company.

The company's website is www.wessexwater.co.uk, where customers can access information about their services, water saving tips, and updates on their sustainability efforts. The registered office address is Wessex Water, Claverton Down Road, Bath, BA2 7WW.

In conclusion, Wessex Water Services Limited is a leading water and sewage company in the UK with a strong commitment to sustainability. They offer a range of products and services while implementing initiatives to reduce their environmental impact. Their website and registered office address provide easy access for customers to learn more about the company and its efforts towards sustainability.

Financial Metrics

Cash
£126,700,000
Net Worth
£557,800,000
Total Current Assets
£399,700,000
Total Current Liabilities
£475,800,000

Company Location