SUTTON AND EAST SURREY WATER PLC
Company Information
- Company Number
- 02447875
- Registered Address
- 66-74 London Road, Redhill, Surrey, RH1 1LJ
- Status
- Active
- Employee Count
- 346
- Turnover
- £67,446,000
- EBITDA
- £17,915,000
Additional Details
- Website
- https://waterplc.com
- Company Type
- Public limited Company
- Incorporated On
- 11 December 1989
- Nature of Business
- 36000 - Water collection, treatment and supply
- Industries
- Environment,Agriculture And Waste
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 30 Sept 2024 | 16 Oct 2024 | 46 | 89% | 6% | 5% | 55% |
| 01 Oct 2023 - 31 Mar 2024 | 16 Oct 2024 | 43 | 85% | 7% | 8% | 81% |
| 01 Oct 2021 - 31 Mar 2022 | 13 Apr 2022 | 39 | 68% | 21% | 11% | 36% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 45 | 48% | 33% | 19% | 55% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 42 | 52% | 36% | 12% | 57% |
| 01 Oct 2019 - 31 Mar 2020 | 20 Aug 2020 | 40 | 33% | 57% | 10% | 86% |
| 01 Apr 2019 - 30 Sept 2019 | 18 Aug 2020 | 38 | 27% | 64% | 9% | 89% |
| 01 Oct 2018 - 31 Mar 2019 | 18 Aug 2020 | 38 | 37% | 56% | 7% | 87% |
| 01 Apr 2018 - 30 Sept 2018 | 18 Aug 2020 | 35 | 34% | 62% | 4% | 89% |
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
Standard payment terms are 30 days from the date of the invoice. In respect of construction contracts that fall within the scope of the Housing Grants, Construction and Regeneration Act 1996, we have entered into a range of NEC3 Contacts that each have their own payment clauses.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Suppliers should email purchaseledger@seswater.co.uk or speak to their point of contact. The purchase ledger team will liaise with the supplier and the point of contact to resolve the issue.
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
Sutton and East Surrey Water PLC is a water supply company based in Surrey, England. They provide high-quality drinking water to over 675,000 people in the area. The company has been in operation since 1996 and is committed to sustainability and reducing their environmental impact.
One of the main activities of Sutton and East Surrey Water is the treatment and distribution of clean drinking water. They have invested in modern water treatment facilities and systems to ensure that their water meets the highest standards of quality and safety. The company also maintains a network of pipes and reservoirs to deliver water to their customers.
In addition to their core water supply services, Sutton and East Surrey Water also offers a variety of water-related products and services. This includes metering and billing services for households and businesses, as well as leak detection and repair services. They also offer education and outreach programs to promote water conservation and responsible water usage.
Sutton and East Surrey Water is dedicated to sustainability and has implemented several initiatives to reduce their environmental impact. This includes investing in renewable energy sources and reducing carbon emissions. They also have a comprehensive water efficiency program to help customers reduce their water usage and save money.
The company is led by a team of key people, including the Chief Executive Officer, Phil Marshall, and the Chairman, Peter Simpson. They are supported by a team of experienced professionals who are committed to providing reliable and sustainable water services to the community.
Sutton and East Surrey Water PLC can be contacted through their website, www.waterplc.com, where customers can access information about their services, report issues, and make payments. Their registered office address is London Road, Redhill, Surrey, RH1 1LJ.
In conclusion, Sutton and East Surrey Water PLC is a leading water supply company in Surrey, providing high-quality water services while promoting sustainability. With a dedicated team and a range of products and services, they continue to serve the community and ensure a reliable and sustainable water supply for years to come.
