WATERMAN ASPEN LIMITED
Company number: 02203474
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
2 February 2026
Approved by:
Andrew Bruce
Payment statistics
Average time taken to pay invoices: 5 days
Total value paid:
- within 30 days: £10,097,988 (93%)
- in 31 to 60 days: £108,581 (1%)
- in 61 days or more: £651,483 (6%)
Invoices paid:
- within 30 days: 93%
- in 31 to 60 days: 1%
- in 61 days or more: 6%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 0%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
The company has two different types of supplier, those providing
hourly based professional time. The payment term for their invoices is 7 days
after the receipt of their approved timesheet.
The second type of suppliers provide the company with overhead items.
These suppliers are paid within 30 days as a standard rule unless their
contract requires the company to comply with a different period as
defined by their own standard terms of business.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Complaints and queries are initially managed by our Accounts team.
Most disputes are resolved at that level, however suppliers can escalate their complaint to our regional management team or head office management.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No