SEVERN WASTE SERVICES LIMITED

Company Information

Company Number
03618688
Registered Address
The Marina, Kings Road, Evesham, Worcestershire, WR11 3XZ
Status
Active
Employee Count
325.0
Turnover
40074000.0
EBITDA
0.0

Additional Details

Company Type
Private limited Company
Incorporated On
20 August 1998
Nature of Business
35110 - Production of electricity$38210 - Treatment and disposal of non-hazardous waste$38320 - Recovery of sorted materials
Industries
Environment,Agriculture And Waste
Region
West Midlands

Company Location

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Financial Metrics

Cash
£2,665,421.00
Net Worth
£360,059.00
Total Current Assets
£7,592,870.00
Total Current Liabilities
£5,830,277.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-01

Time to Pay

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

Payment Timeline

Within 30 Days
65%
31-60 Days
34%
After 60 Days
1%
Not Paid Within Terms35%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202301 Feb 20242865%34%1%35%
01 Jan 2023 - 30 Jun 202326 Jul 20232862%37%1%38%

Company Summary

SEVERN WASTE SERVICES LIMITED is a waste management company located in the United Kingdom

Established in 1981, the company offers a range of sustainable waste management solutions for both commercial and domestic clients

Their sustainability program includes initiatives such as recycling, waste reduction, and promoting the use of renewable energy sources

They have also invested in advanced technology to minimize the environmental impact of their operations

The company's products and services include waste collection, recycling, composting, and landfill management

They also provide hazardous waste disposal and consultancy services to help businesses manage their waste effectively

The key people behind SEVERN WASTE SERVICES LIMITED are their dedicated team of waste management experts who are committed to providing sustainable and efficient solutions

They work closely with their clients to understand their needs and provide tailored services

The company can be contacted through their website, which offers information on their services, sustainability efforts, and contact details

Their registered office address is located in Bristol, United Kingdom

In conclusion, SEVERN WASTE SERVICES LIMITED is a reliable and sustainable waste management company that offers a wide range of services to help businesses and individuals reduce their environmental impact

With their commitment to sustainability and a dedicated team, they are a trusted partner in waste management solutions

Company Review

Trend Analysis

The average time to pay for SEVERN WASTE SERVICES LIMITED has remained consistent at 28-29 days over the past three periods.

Volatility Analysis

The company has shown a slight increase in the percentage of invoices paid within 30 days (62% to 65%) and a slight decrease in the percentage of invoices paid between 31-60 days (37% to 34%). There has been no change in the percentage of invoices paid later than 60 days (1%) and the percentage of invoices not paid within agreed terms has increased from 38% to 39%.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30days from invoice date

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Discussion between supplier and relevant buyer (usually internal Manager) and Purchase Ledger Clerk. Escalated to Directors if needs be.

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