SOUTH WEST WATER LIMITED

Company Information

Company Number
02366665
Registered Address
Peninsula House, Rydon Lane, Exeter, Devon, EX2 7HR
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

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

Time to Pay

Average Time to Pay
30 days
Shortest Period:14 days
Longest Period:31 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
61%
31-60 Days
32%
After 60 Days
7%
Not Paid Within Terms28%

Payment Features

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

Company Review

Trend Analysis

SOUTH WEST WATER LIMITED maintains an average payment time of 30 days, with 61% of invoices settled within this period. However, a notable 39% of payments consistently extend beyond 30 days, including 7% that take over 60 days to process. This indicates a recurring pattern where a significant portion of invoices are not paid within standard terms.

Volatility Analysis

While 61% of payments are timely, the substantial 39% paid beyond 30 days, alongside 28% classified as late, introduces considerable payment unpredictability. This highlights a moderate to high risk that invoices will exceed standard payment terms, directly impacting a supplier's cash flow reliability. Suppliers should specifically anticipate a material portion of payments falling into the 31-60 day window or even later.

Summary Analysis

Suppliers should approach SOUTH WEST WATER LIMITED with caution, as there is a clear pattern of delayed payments for a significant minority of invoices. Key decision factors include the ability to manage potentially extended payment cycles and the impact on immediate cash flow. Mitigation strategies could involve negotiating shorter payment terms, requesting partial upfront payments for larger orders, or implementing a proactive follow-up process for overdue invoices.

Performance Reports History

Reporting Period Filed: 2025-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253061%32%7%28%
01 Oct 2024 - 31 Mar 202523 May 20252762%34%4%32%
01 Apr 2024 - 30 Sept 202431 Oct 20243349%47%4%33%
01 Oct 2023 - 31 Mar 202402 May 20243164%33%3%36%
01 Apr 2023 - 30 Sept 202331 Oct 20233049%47%4%38%
01 Oct 2022 - 31 Mar 202328 Apr 20233155%41%4%21%
01 Apr 2022 - 30 Sept 202227 Oct 20223052%46%2%23%
01 Oct 2021 - 31 Mar 202227 Apr 20223050%47%3%17%
01 Apr 2021 - 30 Sept 202129 Oct 20213150%47%3%23%
01 Oct 2020 - 31 Mar 202127 Apr 20213066%31%3%15%
01 Apr 2020 - 30 Sept 202029 Oct 20203348%49%3%28%
01 Oct 2019 - 31 Mar 202024 Apr 20203154%43%3%32%
01 Apr 2019 - 30 Sept 201929 Oct 20193153%44%3%27%
01 Oct 2018 - 31 Mar 201930 Apr 20192182%15%3%6%
01 Apr 2018 - 30 Sept 201830 Oct 20182178%19%3%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 Company of a proper and undisputed invoice.

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

No information available

Any other information about payment terms

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@southwestwater.co.uk or by post. Whilst South West Water 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 Pennon Group Plc a Supplier Code of Conduct and Sustainable Procurement Policy

Maximum contractual payment period agreed

60

Dispute Resolution Process

South West Water 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 P2P/Transactional Services Manager who will engage with all relevant stakeholders to ensure a speedy and satisfactory resolution. Any disputes arising that are not resolved are 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.

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

SOUTH WEST WATER LIMITED is a private limited company operating in the water sector

Its name clearly identifies its specialisation in providing water services for the South West region

This active company was incorporated on 1 April 1989, bearing company number 02366665

Its registered office is located at Peninsula House, Rydon Lane, Exeter, Devon, EX2 7HR, confirming its base in the South West

As a private limited company operating in the UK water industry, SOUTH WEST WATER LIMITED typically provides essential services such as the abstraction, treatment, and supply of clean drinking water

Furthermore, it manages the collection, treatment, and safe disposal of wastewater and sewage

Financial Metrics

Cash
£326,700,000
Net Worth
£879,900,000
Total Current Assets
£617,700,000
Total Current Liabilities
£407,800,000

Company Location