NORTHERN IRELAND WATER LIMITED
Company Information
- Company Number
- NI054463
- Registered Address
- Westland House, Old Westland Road, Belfast, Co Antrim, Northern Ireland, BT14 6TE
- Status
- Active
- Employee Count
- 1,423
- Turnover
- £479,278,000
- EBITDA
- £204,063,000
Additional Details
- Website
- https://www.niwater.com/
- Company Type
- Private limited Company
- Incorporated On
- 2 April 2005
- Nature of Business
- 36000 - Water collection, treatment and supply37000 - Sewerage
- Industries
- Environment,Agriculture And Waste
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 13 | 94% | 4% | 2% | 6% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 13 | 94% | 4% | 2% | 6% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 14 | 93% | 5% | 2% | 7% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 14 | 94% | 4% | 2% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 14 | 94% | 4% | 2% | 6% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 14 | 94% | 4% | 2% | 6% |
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
Standard payment terms are 30 days from receipt of invoice but where possible we seek to pay suppliers within 10 working days.
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
Disputes & all types of invoice queries are handled by a dedicated centralised Accounts Payables Team, which can be contacted at notifications@niwater.com
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
Northern Ireland Water Limited (NI Water) is a government-owned company responsible for providing water and wastewater services to the people of Northern Ireland. They are committed to delivering high-quality and sustainable services to their customers.
NI Water has a strong sustainability program in place, with a focus on reducing their environmental impact and ensuring long-term water resource management. They have invested in renewable energy sources, such as wind and solar, to power their operations and have implemented various initiatives to reduce their carbon footprint.
In terms of products and services, NI Water provides clean drinking water and safe wastewater treatment to over 1.8 million people in Northern Ireland. They also offer a wide range of customer services, including billing, metering, and customer support.
The key people at NI Water include the Chairman, Dr. Len O'Hagan, and Chief Executive Officer, Sara Venning. They are supported by a team of dedicated professionals who work tirelessly to ensure the smooth operation of the company.
NI Water's website is a valuable resource for customers, providing information on their services, sustainability initiatives, and updates on any disruptions or maintenance work. Their registered office address is 3rd Floor, Westwood Centre, 143 West Circular Road, Belfast, BT13 3QH, Northern Ireland.
In conclusion, NI Water is a vital company in Northern Ireland, providing essential services while also prioritizing sustainability. With their dedicated team and commitment to excellence, they continue to serve the community and ensure a sustainable future for all.
