Score of 80/100 qualifies for PaymentCheck Certification
STIRLING WATER SEAFIELD LIMITED demonstrates a fast average payment time of 15 days, with 100% of payments completed within the 30-day window, indicating consistently prompt settlement behavior. However, the 100% late payment rate presents a significant contradiction that requires clarification, as it suggests all payments are technically classified as late despite being settled quickly. This anomaly may indicate a contractual payment term shorter than 15 days, rather than reflecting genuine payment delays.
Payment behavior is highly concentrated within the 0–30 day band, with zero instances of extended delays in the 31–60 day or over-60-day categories, pointing to low volatility in actual payment execution. The predictability of settlement timing is strong from a practical standpoint, as suppliers can reliably expect payment within 15 days on average. The sole risk factor is the 100% late classification, which warrants direct investigation into the agreed payment terms governing this company's contracts.
Overall, STIRLING WATER SEAFIELD LIMITED presents a low operational payment risk, with fast and consistent settlement patterns that should provide suppliers with reasonable confidence in timely cash flow. The critical caveat is the 100% late payment rate, which suppliers should address by reviewing or renegotiating contractual payment terms to align with the company's actual 15-day payment cycle. As a risk mitigation measure, suppliers should document agreed terms clearly and consider building the 15-day benchmark into future contract negotiations to avoid technical default classifications.
| 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 Jan 2025 - 30 Jun 2025 | 14 Jul 2025 | 15 | 100% | 0% | 0% | 100% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our business standard payment terms for vendors dealing with Veolia UK companies are 45 days end of month from the receipt of the invoice (i.e. vendors are paid at the end of the month following a 45 day period from the date of receipt by Veolia of a valid invoice). However we do still have some legacy payment terms which are affecting our paid on time statistics.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Please see more information about Veolia’s payment terms in our Terms and Conditions which can be found by accessing the following link under the section Veolia Group - General Conditions of Supply (Conditions of Purchase): https://www.veolia.co.uk/supplier-information
Maximum contractual payment period agreed
90
We work with our suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our Financial Shared Service Centre on 020 3567 2270 or email Accounts Payable on uki.queries@veolia.com. According to our Terms & Conditions, which are available on our website, excluding the payment of invoices subject to a bona fide dispute, if the Customer fails to make a payment due to the Supplier under this Contract by the due date, then the Customer shall pay interest on the overdue sum from the due date until payment of the overdue sum, whether before or after judgement. Interest under this clause will accrue at 2% a year above the Bank of England base rate. The parties agree that the remedies under this clause are sufficient for the purposes of the Late Payment of Commercial Debts (Interest) Act 1998
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Stirling Water Seafield Limited is a private limited company operating within the water sector in Scotland. The company's name indicates a focus on water-related operations, with "Seafield" referencing a known water treatment facility located in the Edinburgh area.
Registered under company number SC182250, the business is incorporated in Scotland and has been active since 20 January 1998, giving it over two decades of operational history. Its registered office is situated at 1 Masterton Park, South Castle Drive, Dunfermline, Fife, KY11 8NX.
Companies operating in the UK water sector typically provide services encompassing water treatment, supply, and infrastructure management. These organisations play a critical role in ensuring the safe processing and distribution of water to meet public and commercial demand.
As an active private limited company, Stirling Water Seafield Limited continues to maintain its registered status with Companies House, reflecting an ongoing operational presence within its sector.