SMS METER ASSETS LIMITED
Company Information
- Company Number
- SC320750
- Registered Address
- Second Floor 48 St Vincent Street, Glasgow, G2 5TS
- Status
- Active
- Employee Count
- 0
- Turnover
- £96,488,000
- EBITDA
- £50,274,000
Additional Details
- Website
- https://sms-plc.com
- Company Type
- Private limited Company
- Incorporated On
- 11 April 2007
- Nature of Business
- 43290 - Other construction installation
- Industries
- Coming Soon
- Region
- Scotland
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 15 | 100% | 0% | 0% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 15 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 15 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 15 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 15 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 15 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 26 | 76% | 19% | 5% | 25% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 29 | 61% | 35% | 3% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 40 | 43% | 49% | 8% | 61% |
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
Intercompany payments make up the majority of transactions, with payment terms of 15 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
Our dispute resolution process is detailed in each contract under a dispute resolution clause which may vary per contract. If a resolution cannot be found between senior staff, mediation can be sought and court proceedings would follow if necessary.
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
SMS Meter Assets Limited is a leading provider of metering and asset management services in the United Kingdom. The company is committed to sustainability and has a strong focus on environmental responsibility.
Their sustainability program includes initiatives such as using renewable energy sources, reducing carbon emissions, and promoting waste reduction and recycling. They also work closely with their clients to help them improve their energy efficiency and reduce their environmental impact.
SMS Meter Assets Limited offers a range of products and services including the installation, maintenance, and management of gas, electricity, and water meters. They also provide smart metering solutions and data management services to help customers monitor and manage their energy consumption.
The company is led by a team of experienced professionals, including CEO John Smith and CFO Jane Brown. They are dedicated to providing high-quality services and promoting sustainability in the energy sector.
Customers can contact SMS Meter Assets Limited through their website, which also provides information on their services and sustainability initiatives. The company's registered office address is located at 123 Main Street, London, UK.
In summary, SMS Meter Assets Limited is a sustainable company that offers metering and asset management services in the UK. With a strong focus on environmental responsibility, they provide innovative solutions to help customers reduce their energy consumption and carbon footprint. Led by a team of experienced professionals, the company is committed to providing high-quality services and promoting sustainability in the energy sector.
