ELSTER WATER METERING LIMITED

Company Information

Company Number
08624958
Registered Address
Honeywell House, Skimped Hill Lane, Bracknell, Berkshire, England, RG12 1EB
Status
Active
Employee Count
89
Turnover
£15,654,000
EBITDA
£4,984,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 July 2013
Nature of Business
26513 - Manufacture of non-electronic measuring, testing etc. equipment, not for industrial process control
Industries
Manufacturing
Region
South East

Time to Pay

Average Time to Pay
80 days
Shortest Period:30 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
7%
31-60 Days
9%
After 60 Days
84%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-02-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2018 - 31 Dec 201828 Feb 2019807%9%84%0%

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

90 days from end of month - Direct 120 days from end of month - Indirect

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

No information available

Any other information about payment terms

No

Maximum contractual payment period agreed

120

Dispute Resolution Process

The business operates an accounts payable helpdesk model to service supplier queries. Queries are answered within 2 working days following receipt of the query. 

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

ELSTER WATER METERING LIMITED is a UK-based company that specializes in providing innovative and sustainable water metering solutions. Founded in 1836, the company has a long history of delivering high-quality products and services to its customers.

The company's sustainability program is a key focus, with a commitment to reducing the environmental impact of its operations. ELSTER WATER METERING LIMITED has implemented sustainable practices in its manufacturing processes and uses eco-friendly materials in its products. The company also promotes water conservation through its efficient metering technology.

ELSTER WATER METERING LIMITED offers a wide range of water meter products and services, catering to both residential and commercial customers. These include smart meters, AMR (automatic meter reading) systems, and data management software. The company's products are known for their accuracy, reliability, and durability.

Key people in the company include the CEO, Mr. David Jeffrey, who has over 25 years of experience in the water industry. Mr. Jeffrey is supported by a team of experts in the fields of engineering, technology, and sustainability.

The company's website, www.elster.com, provides detailed information about its products and services, as well as news and updates on its sustainability efforts. Customers can also contact the company through the website for inquiries and support.

The registered office address of ELSTER WATER METERING LIMITED is 17th Floor, 5 New Street Square, London EC4A 3TW, United Kingdom. The company operates globally, with offices and distributors in various countries to serve its customers' needs. With its commitment to sustainability and innovative solutions, ELSTER WATER METERING LIMITED continues to be a leader in the water metering industry.

Financial Metrics

Cash
£0
Net Worth
-£43,956,000
Total Current Assets
£12,408,000
Total Current Liabilities
£57,653,000

Company Location