The data shows that the average time taken for KEMBLE WATER FINANCE LIMITED to pay invoices to suppliers has been increasing over the past few years.
The data also indicates that there is a high level of volatility in the company's payment practices, with significant fluctuations in the percentage of invoices paid within 30 days and later than 60 days.
Looking at the past three periods, there has been a general increase in the average time taken for KEMBLE WATER FINANCE LIMITED to pay invoices to suppliers. In the first period of 2018-2019, the company had an average time to pay of 0 days, with 100% of invoices paid within 30 days and 0% paid later than 60 days. In the second period of 2019-2020, the average time to pay increased to 5.3 days, with 91.8% of invoices paid within 30 days and 5.7% paid later than 60 days. In the most recent period of 2020-2021, the average time to pay further increased to 7.6 days, with 87.9% of invoices paid within 30 days and 7.3% paid later than 60 days.
| 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 2023 - 30 Sept 2023 | 30 Oct 2023 | |||||
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | |||||
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | |||||
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | |||||
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 22 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | |||||
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | |||||
| 01 Apr 2018 - 30 Sept 2018 | 14 Nov 2018 |
Kemble Water Finance Limited is registered as a head office activities company (SIC 70100) and forms part of the corporate group behind Thames Water, the UK's largest water and wastewater business. The wider group supplies water and removes wastewater for around 16 million customers across London and the Thames Valley, treating sewage and returning clean water to rivers. The actual operating company, Thames Water Utilities Limited, holds a separate company number and registration, with Kemble Water Finance Limited functioning as a group entity rather than the customer-facing operator itself. It shares the same registered office address as Thames Water Utilities Limited in Reading.
Generated from the company's website and Companies House records. Sources: thameswater.co.uk · thameswater.co.uk · thameswater.co.uk