BRISTOL WATER PLC

PaymentCheck Score 2022
65Fair
11.2vs last year
#3056 in UK
#40 in Agriculture
#164 in South West

Company Information

Company Number
02662226
Registered Address
Bristol Water Plc, Bridgwater Road, Bristol, England, BS13 7AT
Status
Active
Employee Count
459
Turnover
Coming Soon
EBITDA
-£1,200,000

Additional Details

Company Type
Public limited Company
Incorporated On
12 November 1991
Nature of Business
36000 - Water collection, treatment and supply
Industries
Agriculture, Distribution And Delivery, Energy, Environment, Agriculture And Waste
Region
South West

Time to Pay

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

Payment Timeline

Within 30 Days
47%
31-60 Days
27%
After 60 Days
26%
Not Paid Within Terms39%

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: 2023-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2022 - 30 Sept 202228 Oct 20224658%31%11%25%
01 Apr 2021 - 30 Sept 202120 Oct 20214648%35%17%45%
01 Oct 2020 - 31 Mar 202121 Apr 20215335%43%22%68%
01 Apr 2020 - 30 Sept 202013 Oct 20204658%24%18%46%
01 Apr 2019 - 30 Sept 201914 Oct 20193767%25%8%38%

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 contractual payment terms for Bristol Water are that payment will be made by the end of the Company’s accounting month following the accounting month of Delivery or receipt of invoice, whichever is the later

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

60

Dispute Resolution Process

Investigation of the issue by Procurement and Finance who will seek to resolve with the supplier as quickly as possible. Payment will then be included on the next available BACS run if required.

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

BRISTOL WATER PLC is a water utility company in the United Kingdom. They provide clean and safe drinking water to over 1.2 million customers in the Bristol area. The company has a strong focus on sustainability and is committed to protecting the environment and conserving natural resources.

One of the key activities of BRISTOL WATER PLC is the treatment and distribution of water. They have invested in modern technology and infrastructure to ensure the water they supply is of the highest quality. The company also has a comprehensive leakage detection and repair program to minimize water wastage.

In addition to their core business, BRISTOL WATER PLC also offers a range of products and services to their customers. These include water efficiency advice, metering services, and a priority services register for vulnerable customers. They also have a dedicated team to tackle issues such as water poverty and community engagement.

The company's sustainability program focuses on reducing their carbon footprint and promoting renewable energy. They have implemented various initiatives such as using solar panels, reducing energy consumption, and managing their waste responsibly. BRISTOL WATER PLC also works closely with local communities to educate and raise awareness about water conservation.

The key people at BRISTOL WATER PLC include the Chief Executive Officer, Mel Karam, and the Chairman, Keith Ludeman. They are supported by a team of directors and managers who are dedicated to delivering high-quality services to their customers.

For more information on BRISTOL WATER PLC and their sustainability efforts, customers can visit their website at www.bristolwater.co.uk. The company's registered office address is at Bridgwater Road, Bristol, BS13 7AT, United Kingdom.

Financial Metrics

Cash
£100,000
Net Worth
£165,100,000
Total Current Assets
£145,300,000
Total Current Liabilities
£900,000

Company Location