The data for THAMES WATER UTILITIES FINANCE PLC shows a consistent trend of paying invoices later than 60 days. In the first period (Apr 2018 - Sep 2018), 0% of invoices were paid within 30 days and 100% were paid later than 60 days. This trend continues until the most recent period (Oct 2023 - Mar 2024) where only 3.3% of invoices were paid within 30 days and 96.7% were paid later than 60 days.
The data for THAMES WATER UTILITIES FINANCE PLC also shows a high level of volatility in their payment times. There are significant fluctuations in the percentage of invoices paid within 30 days and those paid later than 60 days from period to period.
| 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 2023 - 30 Sept 2023 | 30 Oct 2023 | |||||
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | |||||
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | |||||
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | |||||
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 22 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | |||||
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | |||||
| 01 Apr 2018 - 30 Sept 2018 | 14 Nov 2018 |
Thames Water Utilities Finance PLC is registered as a financial intermediation entity, forming part of the Thames Water group. The wider group, trading as Thames Water, supplies water and takes away wastewater for around 16 million customers across London and the Thames Valley, treating sewage and returning clean water to rivers. This particular company's role within the group relates to financing activities rather than the operational supply of water or wastewater services, which are carried out by the group's operating entity, Thames Water Utilities Limited. No further detail on this company's specific financing functions, such as debt issuance or treasury management, is provided in the available evidence.
Generated from the company's website and Companies House records. Sources: thameswater.co.uk · thameswater.co.uk · thameswater.co.uk