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 supply37000 - Sewerage
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
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 | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 30 | 61% | 32% | 7% | 28% |
| 01 Oct 2024 - 31 Mar 2025 | 23 May 2025 | 27 | 62% | 34% | 4% | 32% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 33 | 49% | 47% | 4% | 33% |
| 01 Oct 2023 - 31 Mar 2024 | 02 May 2024 | 31 | 64% | 33% | 3% | 36% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 30 | 49% | 47% | 4% | 38% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 31 | 55% | 41% | 4% | 21% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 30 | 52% | 46% | 2% | 23% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 30 | 50% | 47% | 3% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 31 | 50% | 47% | 3% | 23% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 30 | 66% | 31% | 3% | 15% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 33 | 48% | 49% | 3% | 28% |
| 01 Oct 2019 - 31 Mar 2020 | 24 Apr 2020 | 31 | 54% | 43% | 3% | 32% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 31 | 53% | 44% | 3% | 27% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 21 | 82% | 15% | 3% | 6% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 21 | 78% | 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.
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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
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