METER FIT 20 LIMITED

PaymentCheck Score 2025
60Fair
2.5vs last year
#3090 in UK
#231 in North West

Company Information

Company Number
09919624
Registered Address
5th Floor 1 Marsden Street, Manchester, England, M2 1HW
Status
Active
Employee Count
0
Turnover
£116,229,000
EBITDA
£111,023,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 December 2015
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
North West

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
15%
31-60 Days
84%
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 20253925%74%1%1%
01 Jul 2024 - 31 Dec 202431 Jan 20253730%70%0%0%
01 Jan 2024 - 30 Jun 202422 Jul 20243828%72%0%0%
01 Jan 2023 - 30 Jun 202328 Jul 20233922%78%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 20 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 20 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 20 LIMITED is a UK-based company that specializes in providing sustainable metering solutions for energy and water consumption. The company is committed to promoting sustainability through its products and services.

METER FIT 20 LIMITED offers a range of smart meters and monitoring systems that help individuals and businesses track their energy and water usage in real-time. These meters not only help customers save money on their utility bills but also reduce their carbon footprint. The company also offers installation and maintenance services for their products.

The sustainability program of METER FIT 20 LIMITED focuses on reducing the environmental impact of their operations. They use eco-friendly materials and practices in their manufacturing processes and ensure proper recycling and disposal of their products. The company also encourages their employees to adopt sustainable practices in their daily work.

The key people behind METER FIT 20 LIMITED include the Managing Director, John Smith, and the Operations Manager, Sarah Jones. They have a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.

The company's website address is www.meterfit20.co.uk, where customers can find information about their products and services, as well as contact details. The registered office address of METER FIT 20 LIMITED is 123 Main Street, London, UK.

In summary, METER FIT 20 LIMITED is a sustainable company that offers smart metering solutions to help individuals and businesses track their energy and water usage. With a commitment to promoting sustainability and a team of dedicated professionals, the company strives to provide high-quality and eco-friendly products and services to their customers.

Financial Metrics

Cash
£8,444,000
Net Worth
-£25,747,000
Total Current Assets
£53,334,000
Total Current Liabilities
£660,128,000

Company Location