CRP SUBSEA LIMITED

PaymentCheck Score 2025
35Poor
2.2vs last year
#4215 in UK
#405 in Property
#202 in South West

Company Information

Company Number
01369166
Registered Address
Quedgeley West Business Park, Bristol Road, Gloucester, Gloucestershire, England, GL2 4PA
Status
Active
Employee Count
213
Turnover
£63,292,000
EBITDA
£9,258,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 May 1978
Nature of Business
22290 - Manufacture of other plastic products
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
78 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
22%
31-60 Days
30%
After 60 Days
48%
Not Paid Within Terms39%

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)

Performance Reports History

Reporting Period Filed: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20257625%36%39%36%
01 Oct 2023 - 31 Mar 202429 Apr 20247920%37%43%29%
01 Jan 2019 - 30 Jun 201910 Jul 20195616%31%53%24%
01 Jul 2018 - 31 Dec 201809 Jul 20195219%39%41%14%

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

Standard payment terms of 60 days, occasional proforma invoices necessitate same day payment

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

Supplier invoices are typically received in PDF format. Invoices are uploaded to Business Central and various compliance checks are conducted to ensure that the invoice can be processed. Any issue with an invoice will result in said invoice being rejected back to the supplier with a note of our findings / issue, giving the supplier chance to rectify the invoice.

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

TRELLEBORG OFFSHORE UK LIMITED is a multinational company that specializes in the design and manufacture of polymer-based solutions for the offshore industry. Founded in 2007, the company has established itself as a leader in providing innovative and sustainable products and services to the offshore sector.

The company's sustainability program is centered on three key areas: environmental responsibility, social responsibility, and economic responsibility. They have implemented various initiatives to reduce their carbon footprint, promote diversity and inclusion, and ensure ethical business practices. This commitment to sustainability has earned them recognition and awards from various organizations.

TRELLEBORG OFFSHORE UK LIMITED offers a wide range of products and services to the offshore industry. This includes advanced polymer-based products for offshore oil and gas exploration, renewable energy projects, and offshore construction. They also provide engineering and project management services, as well as maintenance and repair services for their products.

The key people at TRELLEBORG OFFSHORE UK LIMITED include the Managing Director, Ian Milne, and the Sales Director, Mark Cook. They lead a team of highly skilled and experienced professionals who are dedicated to providing quality products and services to their clients.

For more information, the company's website is www.trelleborg.com/offshore-uk. Their registered office address is Trelleborg Offshore UK Limited, Moss Lane, Ellesmere Port, Cheshire, CH65 4TU, United Kingdom.

Overall, TRELLEBORG OFFSHORE UK LIMITED is a reputable and sustainable company that offers innovative solutions to the offshore industry. Their commitment to sustainability, high-quality products, and experienced team make them a trusted partner for offshore projects.

Financial Metrics

Cash
£3,033,306
Net Worth
£25,778,888
Total Current Assets
£33,710,524
Total Current Liabilities
£22,110,572

Company Location