Score of 81.23/100 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 | 40 | 72% | 20% | 8% | 10% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 37 | 76% | 20% | 4% | 7% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 34 | 82% | 15% | 3% | 4% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 33 | 84% | 14% | 2% | 4% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 33 | 85% | 12% | 3% | 4% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 32 | 85% | 13% | 2% | 4% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 31 | 84% | 13% | 3% | 4% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 29 | 89% | 9% | 2% | 3% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 28 | 90% | 8% | 2% | 4% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 24 | 90% | 8% | 2% | 3% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 26 | 91% | 7% | 2% | 3% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 29 | 79% | 18% | 3% | 3% |
| 01 Apr 2019 - 30 Sept 2019 | 18 Oct 2019 | 35 | 62% | 35% | 3% | 3% |
| 01 Oct 2018 - 31 Mar 2019 | 16 Apr 2019 | 29 | 68% | 28% | 3% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 19 Oct 2018 | 33 | 61% | 36% | 3% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Severn Trent Water’s standard payment term for new contracts is 60 days (or 30 days for businesses with less than 50 employees); this applies across all contracts raised and would be agreed with suppliers prior to the commencement of the trading activity. On occasion, authorisation may be granted to reduce the payment terms below 60 days if there is commercial requirement/benefit in doing so. Such a change requires approval from the Commercial team. We would not attempt to impose payment terms longer than 60 days on any of our suppliers, nor do we use early settlement discounts as part of contractual arrangements.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
If communication between the purchaser and supplier fails to resolve the dispute, the Severn Trent Commercial or Finance team will engage with the supplier and the business user to bring about a resolution.
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
Severn Trent Water Limited supplies drinking water and manages wastewater across its regional supply area, serving over eight million people. It treats and delivers around two billion litres of fresh water daily and collects, cleans and treats used water before returning it to the environment. The company operates pipes, treatment works and reservoirs, with ongoing investment in these assets, and offers services including meter management, leak reporting, billing support and priority services for vulnerable customers. It also engages with local communities and manages visitor sites at its reservoirs. The company is part of the Severn Trent group, referenced via its parent, Severn Trent PLC, and operates under the SIC classification of water collection, treatment and supply.
Generated from the company's website and Companies House records. Sources: stwater.co.uk · stwater.co.uk