VEOLIA ES SOUTHWARK LIMITED

PaymentCheck Score 2025
64Fair
1.1vs last year
#2808 in UK
#65 in Environment
#1133 in London

Company Information

Company Number
06256521
Registered Address
210 Pentonville Road, London, N1 9JY
Status
Active
Employee Count
291
Turnover
£39,465,000
EBITDA
£6,158,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 May 2007
Nature of Business
38110 - Collection of non-hazardous waste
38210 - Treatment and disposal of non-hazardous waste
38320 - Recovery of sorted materials
Industries
Environment,Agriculture And Waste
Region
London

Time to Pay

Average Time to Pay
43 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
51%
31-60 Days
42%
After 60 Days
7%
Not Paid Within Terms24%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202514 Jul 20253947%44%9%22%
01 Jul 2024 - 31 Dec 202413 Jan 20254351%42%7%24%
01 Jan 2024 - 30 Jun 202412 Jul 20243852%40%8%22%
01 Jul 2023 - 31 Dec 202318 Jan 20243653%41%5%26%
01 Jan 2023 - 30 Jun 202305 Jul 20233947%43%10%33%
01 Jul 2022 - 31 Dec 202213 Jan 20233750%42%8%31%
01 Jan 2022 - 30 Jun 202207 Jul 20224243%43%14%37%
01 Jul 2021 - 31 Dec 202114 Jan 20224543%40%17%44%
01 Jan 2018 - 30 Jun 201819 Jul 20183658%33%9%49%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

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

Payment Terms

Standard payment terms

Our business standard payment terms for vendors dealing with Veolia UK companies are 45 days end of month from the receipt of the invoice (i.e. vendors are paid at the end of the month following a 45 day period from the date of receipt by Veolia of a valid invoice). However we do still have some legacy payment terms which are affecting our paid on time statistics.

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

No information available

Any other information about payment terms

Please see more information about Veolia’s payment terms in our Terms and Conditions which can be found by accessing the following link under the section Veolia Group - General Conditions of Supply (Conditions of Purchase): https://www.veolia.co.uk/supplier-information

Maximum contractual payment period agreed

90

Dispute Resolution Process

We work with our suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our Financial Shared Service Centre on 020 3567 2270 or email Accounts Payable on uki.queries@veolia.com. According to our Terms & Conditions, which are available on our website, excluding the payment of invoices subject to a bona fide dispute, if the Customer fails to make a payment due to the Supplier under this Contract by the due date, then the Customer shall pay interest on the overdue sum from the due date until payment of the overdue sum, whether before or after judgement. Interest under this clause will accrue at 2% a year above the Bank of England base rate. The parties agree that the remedies under this clause are sufficient for the purposes of the Late Payment of Commercial Debts (Interest) Act 1998

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

Company Summary

VEOLIA ES SOUTHWARK LIMITED is a leading environmental services company based in Southwark, London. The company provides a range of sustainable solutions for waste management, water and energy services.

Their sustainability program includes initiatives such as recycling and waste reduction, energy efficiency, and promoting sustainable practices in the community. They have also implemented a circular economy approach, where they aim to reuse and recycle materials to reduce waste and conserve resources.

VEOLIA ES SOUTHWARK LIMITED offers a wide range of products and services, including waste collection and disposal, recycling services, water treatment and supply, and energy management. Their services are tailored to meet the needs of businesses, municipalities, and individuals, with a focus on sustainability and environmental responsibility.

The company is led by a team of experienced and dedicated professionals, including CEO Estelle Brachlianoff and CFO Benoit Riche. They are committed to driving the company's mission of sustainability and providing innovative solutions for a more sustainable future.

For more information on VEOLIA ES SOUTHWARK LIMITED and their services, you can visit their website at www.veolia.co.uk or contact them at their registered office address: 210 Pentonville Road, London, N1 9JY.

Financial Metrics

Cash
£0
Net Worth
-£34,204,000
Total Current Assets
£25,827,000
Total Current Liabilities
£13,995,000

Company Location