Industry ranking
| 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 Jul 2024 - 31 Dec 2024 | 10 Feb 2025 | 28 | 65% | 34% | 1% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 06 Aug 2024 | 29 | 51% | 48% | 1% | 49% |
| 01 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 28 | 65% | 34% | 1% | 35% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 28 | 62% | 37% | 1% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from invoice date
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
Discussion between supplier and relevant buyer (usually internal Manager) and Purchase Ledger Clerk. Escalated to Finance Director or Operational Directors if needs be.
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
Severn Waste Services Limited is a UK-registered company, incorporated in 1998 and originally named Shuttlebeam Limited before adopting its current name shortly afterwards. Companies House records its business activities as the production of electricity, the treatment and disposal of non-hazardous waste, and the recovery of sorted materials. This indicates the company operates within waste management, handling non-hazardous waste streams, recovering materials for reuse or recycling, and generating electricity, likely from waste-derived processes. No further detail on specific operations, sites or clients is available from the evidence supplied. The company remains active according to current Companies House records.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk