SCOTTISH SEA FARMS LIMITED
Company Information
- Company Number
- 00958001
- Registered Address
- C/O Shepherd And Wedderburn Llp, 1-6 Lombard Street, London, England, EC3V 9AA
- Status
- Active
- Employee Count
- 600
- Turnover
- £319,097,000
- EBITDA
- £75,895,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 July 1969
- Nature of Business
- 03210 - Marine aquaculture
- Industries
- Agriculture, Food And Drink
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SCOTTISH SEA FARMS LIMITED consistently pays beyond standard 30-day terms, with an average payment time of 41 days. A significant majority of invoices (57%) are settled between 31 and 60 days, establishing a clear pattern of delayed payments. This trend is reinforced by 55% of payments being late, indicating a consistent trajectory of exceeding initial payment terms.
Volatility Analysis
The high percentage of late payments (55%) suggests inconsistency in meeting prompt payment terms, introducing an element of unpredictability for suppliers. While a large portion falls predictably within the 31-60 day window, the 13% of payments extending beyond 60 days represents a distinct risk factor for very delayed settlement. Suppliers cannot reliably depend on prompt payment, necessitating careful management of cash flow expectations.
Summary Analysis
Suppliers should anticipate an average payment cycle of 41 days when dealing with SCOTTISH SEA FARMS LIMITED, with most invoices likely settling in the 31-60 day range. It is recommended to adjust internal cash flow forecasts to accommodate these extended timelines and consider negotiating longer payment terms upfront. Implement robust monitoring for invoices approaching or exceeding 60 days to mitigate higher risk and potential cash flow disruptions.
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 | 31 Jul 2025 | 41 | 30% | 57% | 13% | 55% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 38 | 40% | 47% | 13% | 24% |
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
Normal terms are 30 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
150
Dispute Resolution Process
All complaints or concerns are processed by the finance team in a timely manner
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.
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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?
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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
SCOTTISH SEA FARMS LIMITED is a Private limited Company. Its name, SCOTTISH SEA FARMS, indicates an involvement in sea farming.
The company is registered as 00958001 and holds active status. It was incorporated on 10 July 1969. Its registered office is located in London, England, at C/O Shepherd And Wedderburn Llp, 1-6 Lombard Street, EC3V 9AA.
Typically, companies involved in sea farming in the UK market specialise in the aquaculture of marine organisms. This includes the cultivation, harvesting, and initial processing of species such as finfish and shellfish, for supply to various food markets.
