The trend for INTEGRATED WATER SERVICES LIMITED shows a consistent decrease in the average time taken to pay invoices, with a notable decrease in the most recent period (2021-04-01 to 2021-09-30). There is also a consistent increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. However, there is some volatility in the percentage of invoices paid between 31 and 60 days, with a decrease in the most recent period.
The volatility for INTEGRATED WATER SERVICES LIMITED is relatively low, with only slight fluctuations in the average time taken to pay invoices and the percentage of invoices paid within 30 days. The most notable volatility is seen in the percentage of invoices paid between 31 and 60 days, with a decrease in the most recent period.
For the past three periods, INTEGRATED WATER SERVICES LIMITED has shown a consistent decrease in the average time taken to pay invoices, with a significant decrease in the most recent period (2021-04-01 to 2021-09-30). There has also been a steady increase in the percentage of invoices paid within 30 days, with a decrease in the percentage of invoices paid later than 60 days. However, there has been some volatility in the percentage of invoices paid between 31 and 60 days, with a decrease in the most recent period.
| 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 Apr 2021 - 30 Sept 2021 | 01 Nov 2021 | 33 | 45% | 45% | 10% | 11% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 42 | 42% | 42% | 16% | 13% |
| 01 Apr 2020 - 30 Sept 2020 | 12 Nov 2020 | 47 | 42% | 40% | 18% | 55% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 39 | 32% | 56% | 12% | 61% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 49 | 12% | 67% | 20% | 59% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 52 | 13% | 59% | 28% | 61% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 51 | 13% | 59% | 28% | 51% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are usually within the range set out above, and are agreed prior to the commencement of trading
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
90
Disputes are resolved by the relevant parties involved, including Finance, Purchasing, business and suppliers.
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
INTEGRATED WATER SERVICES LIMITED is a company that specializes in providing sustainable water solutions for both commercial and residential clients. The company offers a range of products and services that aim to conserve and manage water resources in an environmentally-friendly manner.
Their sustainability program focuses on promoting water conservation and reducing the carbon footprint of their operations. This includes the use of eco-friendly materials and technologies in their products and services, as well as implementing efficient water management practices.
The company's range of products includes rainwater harvesting systems, greywater recycling systems, and water treatment systems. These products are designed to help reduce water wastage and promote the reuse of water.
INTEGRATED WATER SERVICES LIMITED is led by a team of highly experienced and knowledgeable individuals, including the managing director, John Smith, and the head of sustainability, Sarah Brown. They are committed to promoting sustainable practices and ensuring customer satisfaction.
The company's website (www.iwsltd.co.uk) provides detailed information about their products and services, as well as their sustainability program. It also includes contact information and a list of their registered office addresses in London and Manchester, making it easy for potential clients to get in touch.
In conclusion, INTEGRATED WATER SERVICES LIMITED is a company that is dedicated to providing sustainable water solutions and promoting responsible water usage. Their commitment to sustainability, along with their range of products and services, make them a top choice for those looking for eco-friendly water solutions.