The data for the company THAMES WATER UTILITIES HOLDINGS LIMITED shows a consistent trend of improving payment times. The average time to pay invoices has decreased over the past three periods, indicating a positive trend towards faster payments. Additionally, the percentage of invoices paid within 30 days has increased, while the percentage of invoices paid later than 60 days has decreased. This suggests that the company has made efforts to improve their payment processes and pay suppliers in a timely manner.
The data for THAMES WATER UTILITIES HOLDINGS LIMITED shows some volatility in the percentages of invoices paid within 30 days and between 31-60 days. However, there is a consistent decrease in the percentage of invoices paid later than 60 days, indicating a steady improvement in payment times.
Looking at the data for the past three periods, there has been a significant improvement in payment times for THAMES WATER UTILITIES HOLDINGS LIMITED. The average time to pay invoices has decreased by 2.2 days, with a 2.4% increase in invoices paid within 30 days and a 1.6% decrease in invoices paid later than 60 days. The company has also shown improvement in paying invoices within agreed terms, with a 2.1% decrease in invoices not paid within agreed terms.
| 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 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 |
Thames Water Utilities Holdings Limited is a private limited company registered in England, incorporated in 2007 under the name Hackremco (No. 2476) Limited before adopting its current name. Companies House records its nature of business under SIC code 64209, activities of other holding companies not elsewhere classified. This indicates the company functions as a holding entity within the wider Thames Water corporate group, which provides water and wastewater services, rather than as an operating business in its own right. The company remains active, registered at an address in Reading, Berkshire, and its filings show numerous director and secretary appointments over time, consistent with its role as a holding company within a larger utilities group structure.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk