SCOTT HEALTH & SAFETY LIMITED

PaymentCheck Score 2024
58Fair
0.2vs last year
#3799 in UK
#642 in South East

Company Information

Company Number
00413886
Registered Address
3m Centre Cain Road, Bracknell, Berkshire, United Kingdom, RG12 8HT
Status
Active
Employee Count
165
Turnover
£43,489,000
EBITDA
£6,015,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 June 1946
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Life Sciences And Medical Technology
Region
South East

Time to Pay

Average Time to Pay
46 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
39%
31-60 Days
43%
After 60 Days
18%
Not Paid Within Terms18%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

Payments generally trend towards the 31-60 day range, with 43% falling into this category and an overall average payment time of 46 days. While 39% of payments are completed within standard 30-day terms, a significant portion extends beyond, indicating a slower overall payment trajectory.

Volatility Analysis

The payment distribution, with significant percentages in different buckets, suggests moderate predictability rather than a consistent pattern. The 18% of payments exceeding 60 days, categorized as late, represents a clear risk factor for potential cash flow delays and extended credit exposure for suppliers.

Summary Analysis

Suppliers should anticipate an average payment cycle of 46 days and account for the 18% likelihood of payments extending beyond 60 days when establishing credit terms. Consider implementing stricter credit limits, requiring upfront deposits for new orders, or negotiating shorter payment terms to mitigate the risk of delayed payments.

Performance Reports History

Reporting Period Filed: 2024-02-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202401 Aug 20244640%44%16%20%
01 Jan 2023 - 31 Dec 202308 Feb 20244639%43%18%18%
01 Jul 2022 - 31 Dec 202212 Jan 20234241%44%16%17%
01 Jan 2022 - 30 Jun 202212 Jul 20224439%46%14%17%
01 Jul 2021 - 31 Dec 202111 Apr 20224440%43%16%21%
01 Jan 2021 - 30 Jun 202111 Apr 20224744%38%18%24%
01 Jul 2020 - 31 Dec 202028 Jan 20214146%36%17%24%
01 Jan 2020 - 30 Jun 202030 Jul 20204244%37%18%24%
01 Jul 2019 - 31 Dec 201930 Jul 20204244%41%15%80%
01 Jan 2019 - 30 Jun 201930 Jul 20194739%42%19%24%
01 Apr 2018 - 31 Dec 201830 Apr 20194839%41%20%31%
01 Oct 2017 - 31 Mar 201826 Apr 20185620%47%33%60%

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

60 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

90

Dispute Resolution Process

Compliant or concern is communicated to the purchaser in which they have two weeks to resolve with the supplier.

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

SCOTT HEALTH & SAFETY LIMITED is an active private limited company operating within the health and safety sector. Its name indicates a specialisation in providing solutions and provisions related to health and safety.

Incorporated on 28 June 1946, SCOTT HEALTH & SAFETY LIMITED operates under company number 00413886. Its registered office is situated at 3m Centre Cain Road, Bracknell, Berkshire, United Kingdom, RG12 8HT, located in the South East region.

Companies of this type in the UK market typically offer a comprehensive range of products and services designed to ensure workplace safety. These provisions commonly include personal protective equipment (PPE), safety training programmes, risk assessment services, and expert consultancy on health and safety regulations.

Financial Metrics

Cash
£1,400,000
Net Worth
£41,200,000
Total Current Assets
£41,400,000
Total Current Liabilities
£3,700,000

Company Location