CASTLE WATER (SOUTHERN) LIMITED

PaymentCheck Score 2021
95Excellent
8.8vs last year
#434 in UK
#14 in Unknown

Company Information

Company Number
09933767
Registered Address
C/O Addleshaw Goddard, 1 St Peters Square, Manchester, England, M2 3DE
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
4 January 2016
Nature of Business
36000 - Water collection, treatment and supply
Industries
Coming Soon
Region
UnknownNot specified in payment practices report

Time to Pay

Average Time to Pay
16 days
Shortest Period:15 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
93%
31-60 Days
7%
After 60 Days
0%
Not Paid Within Terms7%

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)

Company Review

Trend Analysis

CASTLE WATER (SOUTHERN) LIMITED demonstrates a strong trend of prompt payments, with an impressive average payment time of just 16 days. A significant 93% of invoices are settled well within 30 days, indicating a consistent and efficient payment trajectory.

Volatility Analysis

Payment reliability is high, with only 7% of payments falling into the 31-60 day bracket, and crucially, 0% exceeding 60 days. This indicates very low volatility and high predictability regarding payment timelines, as extended delays are not observed.

Summary Analysis

Overall, CASTLE WATER (SOUTHERN) LIMITED presents a highly favorable payment profile for suppliers, characterized by speed and reliability. Suppliers should consider this company a low payment risk, with minimal need for specific risk mitigation strategies due to their consistent and timely payment performance.

Performance Reports History

Reporting Period Filed: 2021-04-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2020 - 31 Mar 202126 Apr 20211693%7%0%7%
01 Apr 2020 - 30 Sept 202029 Oct 20202085%13%2%15%
01 Oct 2019 - 31 Mar 202030 Apr 20202382%14%4%24%
01 Apr 2019 - 30 Sept 201930 Oct 20193165%29%6%32%
01 Oct 2018 - 31 Mar 201930 Apr 20192278%18%4%23%
01 Apr 2018 - 30 Sept 201830 Oct 20183165%27%8%73%

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

Wholesalers: In accordance with the market terms (Wholesale Retail Code) Other Suppliers: 30 days from receipt 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

45

Dispute Resolution Process

Queries regarding overdue invoices should be sent to Accounts Payable (AccountsPayable@castlewater.co.uk) who will investigate and provide an update on payment status. If the supplier is dissatisfied with the response they should contact the person who placed the order and the parties will act in good faith to reach a solution.

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

CASTLE WATER (SOUTHERN) LIMITED is an active private limited company operating within the UK water industry. Its name indicates a focus on water-related services or provision.

The company was incorporated on 4 January 2016, holding company number 09933767. Its registered office is located at C/O Addleshaw Goddard, 1 St Peters Square, Manchester, England, M2 3DE, with its general location specified as "Other".

Private limited companies active in the UK water sector typically specialise in providing retail water and wastewater services to non-household customers. These services commonly encompass billing, customer service, water efficiency advice, and account management for businesses and other organisations.

Financial Metrics

Net Worth
£10,400,000
Total Current Assets
£10,400,000

Company Location