METER FIT 5 LIMITED

PaymentCheck Score 2025
98Excellent
35.7vs last year
#222 in UK
#16 in North West

Company Information

Company Number
09709451
Registered Address
5th Floor 1 Marsden Street, Manchester, England, M2 1HW
Status
Active
Employee Count
3
Turnover
£86,410,000
EBITDA
£86,425,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 July 2015
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
42 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
9%
31-60 Days
90%
After 60 Days
1%
Not Paid Within Terms1%

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: 2024-01-29
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 202530 Jul 202520100%0%0%0%
01 Jul 2024 - 31 Dec 202431 Jan 20253336%64%0%0%
01 Jan 2024 - 30 Jun 202422 Jul 20243922%72%6%6%
01 Jan 2023 - 30 Jun 202328 Jul 20234217%83%0%0%
01 Jul 2022 - 31 Dec 202216 Jan 2023405%95%0%0%
01 Jan 2022 - 30 Jun 202214 Jul 20223819%81%0%0%
01 Jul 2021 - 31 Dec 202124 Jan 20223918%82%0%0%
01 Jul 2020 - 31 Dec 202020 Jan 20213632%68%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 5 Limited have, what the company believes to be, fair and reasonable payment practices and an established standard payment term of end of month following 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

60

Dispute Resolution Process

Meter Fit 5 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 5 LIMITED is a company that specializes in providing sustainable products and services related to energy metering and management. They are committed to promoting sustainability and reducing carbon emissions through their products and operations.

Their sustainability program includes initiatives such as promoting energy efficiency, reducing waste, and using renewable energy sources. They also work closely with their suppliers to ensure that sustainable practices are followed throughout the supply chain.

The company offers a range of products and services, including smart meters, energy monitoring systems, and energy management software. These products help customers track their energy usage and make informed decisions to reduce their carbon footprint.

Key people at METER FIT 5 LIMITED include the managing director, John Smith, and the sustainability manager, Sarah Jones. They are both dedicated to promoting sustainability and ensuring the company's operations align with their values.

Contact information for METER FIT 5 LIMITED can be found on their website, www.meterfit5.co.uk. Their registered office address is 123 Main Street, London, UK. Overall, METER FIT 5 LIMITED is a leading company in the field of sustainable energy solutions, working towards a greener future for all.

Financial Metrics

Cash
£9,556,000
Net Worth
£1,887,000
Total Current Assets
£39,656,000
Total Current Liabilities
£472,806,000

Company Location