Industry ranking
Score of 89.1/100 qualifies for PaymentCheck Certification
| 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 May 2024 - 31 Oct 2024 | 03 Apr 2025 | 22 | 85% | 14% | 1% | 18% |
| 01 Nov 2023 - 30 Apr 2024 | 03 Apr 2025 | 20 | 90% | 7% | 3% | 11% |
| 01 May 2023 - 31 Oct 2023 | 03 Apr 2025 | 19 | 91% | 8% | 1% | 9% |
| 01 Nov 2022 - 30 Apr 2023 | 03 Apr 2025 | 22 | 84% | 14% | 2% | 23% |
| 01 May 2022 - 31 Oct 2022 | 03 Apr 2025 | 18 | 93% | 5% | 2% | 7% |
| 01 Nov 2021 - 30 Apr 2022 | 01 Jun 2022 | 17 | 95% | 4% | 1% | 5% |
| 01 May 2021 - 30 Oct 2021 | 14 Dec 2021 | 17 | 96% | 3% | 1% | 7% |
| 01 Nov 2020 - 30 Apr 2021 | 14 Jun 2021 | 36 | 82% | 3% | 15% | 18% |
| 01 May 2020 - 31 Oct 2020 | 07 Dec 2020 | 26 | 72% | 18% | 11% | 5% |
| 01 Nov 2019 - 30 Apr 2020 | 15 Jun 2020 | 19 | 89% | 8% | 2% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
7 day payment terms are usually agreed with suppliers who are paid commission for introducing new customers. Longer payment terms up to 45 days are usually agreed with larger suppliers who provide services that are resold to customers.
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
All disputes with suppliers are considered by the department who is responsible for the supplied goods or services. Disputes are usually flagged to the supplier within a week of receipt of invoice.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Clear Business Water Limited is a Scottish company registered for water collection, treatment and supply. It operates as part of the Verastar Ltd group, trading under the Clear Business brand, which supplies business water services alongside energy, broadband, mobile, insurance and card payment services to small and medium-sized enterprises across the UK. Within this group, the company's own role is to supply water to business premises, with the group stating it serves over 100,000 supply points across Scotland and England, representing a notable share of the UK non-household water market. The wider Clear Business brand positions itself as a single-provider option for small businesses seeking to consolidate essential utility and service contracts.
Generated from the company's website and Companies House records. Sources: clearbusiness.co.uk · clearbusiness.co.uk