WMR JV HOLDCO LIMITED

PaymentCheck Score 2023
100Excellent
New Entry
#61 in UK
#28 in London

Company Information

Company Number
08921440
Registered Address
4th Floor 3 More London Riverside, London, United Kingdom, SE1 2AQ
Status
Active
Employee Count
0
Turnover
£67,689,000
EBITDA
£45,121,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 March 2014
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
19 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
84%
31-60 Days
16%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2024-05-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202329 Nov 202311100%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

Payments are made within 30 days. Company policy is to advise suppliers of any disputes or reasons why an invoice will not be paid to the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of contract.

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

30

Dispute Resolution Process

Company policy is to advise suppliers of any disputes or reasons why an invoice will not be paid to the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of contract.

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

WMR JV HOLDCO LIMITED is a joint venture between two leading waste management companies, Waste Management Inc. and Republic Services Inc. The company is committed to providing sustainable waste management solutions to businesses and communities.

Their sustainability program focuses on reducing waste, increasing recycling and promoting renewable energy. They offer a range of services such as waste collection, recycling, landfill management, and composting. They also have innovative programs like waste-to-energy projects that help convert waste into clean energy.

The company has a team of experienced waste management professionals who are dedicated to delivering efficient and environmentally friendly services. Their key people include the CEO, CFO, and COO, who have a combined experience of over 50 years in the waste management industry.

WMR JV HOLDCO LIMITED can be contacted through their website, which provides detailed information about their services and sustainability efforts. Their registered office address is located in London, UK.

In conclusion, WMR JV HOLDCO LIMITED is a reputable waste management company that is committed to sustainability and providing high-quality services to their clients. With their experienced team and innovative programs, they are making a positive impact on the environment and helping businesses and communities manage their waste in a responsible manner.

Financial Metrics

Cash
£7,959,590
Net Worth
-£82,660,615
Total Current Assets
£33,916,015
Total Current Liabilities
£51,468,925

Company Location