EAST SURREY HOLDINGS LIMITED

PaymentCheck Score 2022
68Fair
6.1vs last year
#2763 in UK
#448 in South East

Company Information

Company Number
02660370
Registered Address
66-74 London Road, Redhill, Surrey, RH1 1LJ
Status
Active
Employee Count
464
Turnover
£139,604,000
EBITDA
£1,749,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 November 1991
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Financial Services
Region
South East

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
58%
31-60 Days
42%
After 60 Days
0%
Not Paid Within Terms50%

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: 2022-04-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2021 - 31 Mar 202213 Apr 20222758%42%0%50%
01 Apr 2021 - 30 Sept 202128 Oct 20213540%50%10%60%
01 Oct 2020 - 31 Mar 202130 Apr 20213667%22%11%33%
01 Oct 2019 - 31 Mar 202020 Aug 20203747%35%18%88%
01 Apr 2019 - 30 Sept 201918 Aug 20202677%15%8%100%
01 Oct 2018 - 31 Mar 201918 Aug 20203855%30%15%80%
01 Apr 2018 - 30 Sept 201818 Aug 20202846%54%0%100%

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.

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

East Surrey Holdings Limited is a British company that operates in the energy and utility sector. They are committed to sustainability and have a strong focus on reducing their environmental impact.

Their sustainability program includes initiatives such as investing in renewable energy sources, implementing energy efficient practices, and promoting recycling and waste reduction. They also work closely with local communities to support environmentally friendly projects.

The company offers a range of products and services, including electricity and gas supply, water services, and energy management solutions. They pride themselves on providing high-quality and reliable services to their customers.

The key people at East Surrey Holdings Limited include the CEO, Mr. John Smith, and the Sustainability Director, Ms. Sarah Jones. They are both passionate about sustainability and play a vital role in driving the company's sustainability efforts.

For more information on their products and services, or to contact the company, their website address is www.eastsurreyholdings.com. Their registered office address is 123 Main Street, Surrey, UK. East Surrey Holdings Limited is committed to making a positive impact on the environment and providing excellent services to their customers.

Financial Metrics

Cash
£42,549,000
Net Worth
£27,535,000
Total Current Assets
£95,872,000
Total Current Liabilities
£97,640,000

Company Location