VEOLIA WATER OUTSOURCING LIMITED

PaymentCheck Score 2025
68Fair
0.7vs last year
#2553 in UK
#54 in Environment
#1040 in London

Company Information

Company Number
02518607
Registered Address
210 Pentonville Road, London, N1 9JY
Status
Active
Employee Count
244
Turnover
£57,419,000
EBITDA
£3,940,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 1990
Nature of Business
36000 - Water collection, treatment and supply
Industries
Environment,Agriculture And Waste
Region
London

Time to Pay

Average Time to Pay
36 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
60%
31-60 Days
32%
After 60 Days
8%
Not Paid Within Terms25%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202514 Jul 20253857%32%11%22%
01 Jul 2024 - 31 Dec 202413 Jan 20253660%32%8%25%
01 Jan 2024 - 30 Jun 202412 Jul 20243657%32%12%27%
01 Jul 2023 - 31 Dec 202318 Jan 20243461%31%8%28%
01 Jan 2023 - 30 Jun 202305 Jul 20233855%30%15%35%
01 Jul 2022 - 31 Dec 202213 Jan 20233758%29%12%34%
01 Jan 2022 - 30 Jun 202207 Jul 20223855%31%14%31%
01 Jul 2021 - 31 Dec 202114 Jan 20224248%33%19%42%
01 Jan 2021 - 30 Jun 202116 Jul 20213451%41%8%40%
01 Jul 2020 - 31 Dec 202005 Jan 20212970%25%5%25%
01 Jan 2019 - 30 Jun 201917 Jul 20192772%22%5%32%
01 Jul 2018 - 31 Dec 201818 Jan 20192870%24%6%38%
01 Jan 2018 - 30 Jun 201819 Jul 20183268%24%8%39%

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

Our business standard payment terms for vendors dealing with Veolia UK companies are 45 days end of month from the receipt of the invoice (i.e. vendors are paid at the end of the month following a 45 day period from the date of receipt by Veolia of a valid invoice). However we do still have some legacy payment terms which are affecting our paid on time statistics.

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

No information available

Any other information about payment terms

Please see more information about Veolia’s payment terms in our Terms and Conditions which can be found by accessing the following link under the section Veolia Group - General Conditions of Supply (Conditions of Purchase): https://www.veolia.co.uk/supplier-information

Maximum contractual payment period agreed

90

Dispute Resolution Process

We work with our suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our Financial Shared Service Centre on 020 3567 2270 or email Accounts Payable on uki.queries@veolia.com. According to our Terms & Conditions, which are available on our website, excluding the payment of invoices subject to a bona fide dispute, if the Customer fails to make a payment due to the Supplier under this Contract by the due date, then the Customer shall pay interest on the overdue sum from the due date until payment of the overdue sum, whether before or after judgement. Interest under this clause will accrue at 2% a year above the Bank of England base rate. The parties agree that the remedies under this clause are sufficient for the purposes of the Late Payment of Commercial Debts (Interest) Act 1998

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

VEOLIA WATER OUTSOURCING LIMITED is a leading global company in the water management and environmental services industry. They provide sustainable solutions for water and waste management to businesses, industries, and municipalities.

Their sustainability program includes a strong focus on reducing the environmental impact of their operations and promoting sustainable practices. This includes initiatives such as reducing water consumption, increasing energy efficiency, and promoting circular economy principles.

The company offers a wide range of products and services, including water treatment, waste collection and recycling, energy management, and consulting services. They also have expertise in managing complex water and waste infrastructure projects.

Key people in the company include CEO Estelle Brachlianoff and Chairman Philippe Capron, both of whom have extensive experience in the water and environmental services industry.

VEOLIA WATER OUTSOURCING LIMITED can be contacted through their website at www.veolia.com or by phone at +44 (0)20 3120 2000. Their registered office address is at 8th Floor North, 1100 Daresbury Park, Daresbury, Warrington, WA4 4HS, United Kingdom.

In conclusion, VEOLIA WATER OUTSOURCING LIMITED is a leading company in the water and environmental services industry, with a strong focus on sustainability and providing innovative solutions for their clients. Their commitment to sustainability, along with their range of products and services, make them a valuable partner for businesses and municipalities looking to manage their water and waste management needs.

Financial Metrics

Cash
£0
Net Worth
£96,849,000
Total Current Assets
£51,051,000
Total Current Liabilities
£31,958,000

Company Location