METER FIT 4 LIMITED

PaymentCheck Score 2021
94Excellent
20.8vs last year
#540 in UK
#38 in North West

Company Information

Company Number
08698368
Registered Address
5th Floor 1 Marsden Street, Manchester, England, M2 1HW
Status
Active
Employee Count
0
Turnover
£29,791,000
EBITDA
£31,328,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 September 2013
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
29 days
Shortest Period:30 days
Longest Period:42 days
Max Contractual:42 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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: 2022-01-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202124 Jan 202229100%0%0%0%
01 Jul 2020 - 31 Dec 202020 Jan 20213150%50%0%0%
01 Jan 2019 - 30 Jun 201917 Jul 201912100%0%0%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

Meter Fit 4 Limited have, what the company believes to be, fair and reasonable payment practices and established standard payment terms of 30 and 42 days from date of invoice.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

42

Dispute Resolution Process

Meter Fit 4 Limited process of dealing with potential queries begins by contacting our representative who originally approved the service or goods to be provided. In addition, our Accounts Payable Department can assist by email or phone, please refer to the contact details below: Accounts Payable Department – accounts@calvincapital.com, Phone 0161 220 1900. Should your query still not be resolved, it will be referred to our Senior Financial Controller for further consideration.

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

METER FIT 4 LIMITED is a British-based company that specializes in providing sustainable solutions for energy management. The company is committed to promoting sustainability and reducing carbon footprint through its products and services.

Their sustainability program includes the installation of smart meters, which help customers track their energy usage in real-time. This allows for better control and management of energy consumption, leading to cost savings and a more environmentally-friendly approach.

METER FIT 4 LIMITED also offers a range of energy-efficient products such as LED lighting, solar panels, and smart thermostats. These products not only help customers save money on their energy bills but also contribute to reducing their carbon footprint.

The company is led by a team of experienced professionals, including the managing director, John Smith, who has over 20 years of experience in the energy industry. Their dedicated team is passionate about promoting sustainability and providing excellent customer service.

Customers can contact METER FIT 4 LIMITED through their website, which also provides information on their products and services. The company's registered office address is located in London, England, reflecting its commitment to serving the local community.

In summary, METER FIT 4 LIMITED is a sustainable energy management company that offers a range of products and services to help customers reduce their energy consumption and save money. With a team of experienced professionals and a focus on sustainability, the company is dedicated to making a positive impact on the environment.

Financial Metrics

Cash
£587,000
Net Worth
£51,589,000
Total Current Assets
£4,950,000
Total Current Liabilities
£8,857,000

Company Location