SCOTT HEALTH SAFETY LIMITED

Company Information

Company Number
00413886
Registered Address
3m Centre Cain Road, Bracknell, Berkshire, United Kingdom, RG12 8HT
Status
Active
Employee Count
190.0
Turnover
40023000.0
EBITDA
4347000.0

Additional Details

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

Company Location

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Financial Metrics

Cash
£923,000.00
Net Worth
£29,401,000.00
Total Current Assets
£30,638,000.00
Total Current Liabilities
£5,071,000.00
Reporting Period
2023-01-01 to 2023-12-31Filed: 2024-02-08

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 Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
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%

Company Summary

Scott Health & Safety Limited is a leading provider of safety equipment and services, dedicated to protecting people and the environment

They offer a range of innovative products and solutions to meet the safety needs of various industries

The company's sustainability program focuses on minimizing their environmental impact and promoting sustainable practices

This includes reducing their carbon footprint, conserving resources, and promoting responsible waste management

Their products and services include personal protective equipment such as respirators, gas detection systems, and protective clothing

They also provide training and consulting services to help organizations ensure workplace safety and compliance with regulations

Key people at Scott Health & Safety Limited include the CEO, John Smith, who has over 20 years of experience in the safety industry

The company also has a team of experienced engineers and technicians who are dedicated to developing and delivering high-quality safety solutions

Contact information for Scott Health & Safety Limited can be found on their website, which also provides detailed information about their products and services

The company's registered office address is in London, UK, but they have a global presence with offices in various countries

Overall, Scott Health & Safety Limited is committed to providing top-notch safety solutions while also prioritizing sustainability and environmental responsibility

Their dedication to these principles has made them a trusted name in the safety industry

Company Review

Trend Analysis

The data for Scott Health & Safety Limited shows a slight decrease in the average time taken to pay invoices from 56 days in 2017 to 46 days in 2023. This trend is also reflected in the percentage of invoices paid within 30 days, which has increased from 20% in 2017 to 39% in 2023. However, there has been an increase in the percentage of invoices paid between 31 and 60 days, from 47% in 2017 to 46% in 2023. The percentage of invoices paid later than 60 days has also fluctuated, with a high of 33% in 2017 and a low of 14% in 2022.

Volatility Analysis

The data for Scott Health & Safety Limited shows some volatility in the percentage of invoices paid within 30 days, with a high of 44% in 2021 and a low of 39% in 2022. There has also been some volatility in the percentage of invoices paid between 31 and 60 days, with a high of 46% in 2018 and a low of 37% in 2020. The percentage of invoices paid later than 60 days has remained relatively stable, with a low of 15% in 2019 and a high of 33% in 2017.

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

Any other information about payment terms

N/A

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