DEVONPORT ROYAL DOCKYARD LIMITED
Company Information
- Company Number
- 02077752
- Registered Address
- 33 Wigmore Street, London, United Kingdom, W1U 1QX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 November 1986
- Nature of Business
- 30110 - Building of ships and floating structures
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
DEVONPORT ROYAL DOCKYARD LIMITED exhibits an average payment time of 41 days, indicating a consistent trend where over half of its invoices are settled outside standard 30-day terms. While 48% of payments are made within 30 days, the predominant trajectory leans towards delayed settlements, evidenced by 51% of payments being late and a significant portion extending into the 31-60 day range.
Volatility Analysis
The payment reliability shows moderate volatility; nearly 40% of payments fall into the 31-60 day window, making precise payment predictability challenging beyond the initial 30 days. Furthermore, the 13% of payments that exceed 60 days represents a notable risk factor for suppliers, signaling potential cash flow disruptions due to significantly prolonged settlement times.
Summary Analysis
Suppliers engaging with DEVONPORT ROYAL DOCKYARD LIMITED should anticipate an average payment cycle of 41 days, with a high probability of payments extending beyond standard 30-day terms. It is advisable to factor in potential delays by adjusting credit terms or establishing contingency plans, given that 51% of payments are late and 13% are over 60 days past due, to effectively mitigate cash flow risk.
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 41 | 48% | 39% | 13% | 51% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 25 | 69% | 28% | 3% | 32% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 34 | 50% | 46% | 4% | 19% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 31 | 55% | 40% | 5% | 22% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 28 | 61% | 35% | 4% | 12% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 26 | 68% | 27% | 5% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 29 Oct 2022 | 22 | 75% | 20% | 5% | 15% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 29 | 66% | 29% | 6% | 14% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 33 | 52% | 41% | 6% | 15% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 36 | 58% | 33% | 9% | 21% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 35 | 54% | 39% | 7% | 27% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 33 | 61% | 32% | 8% | 22% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 28 | 72% | 20% | 8% | 27% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 36 | 62% | 30% | 8% | 31% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 36 | 64% | 26% | 10% | 31% |
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 are generally in the range of 30 to 60 days. Small and micro suppliers are on 30-day terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Small supplier (49 or less employees) 76% paid within 30 days
Maximum contractual payment period agreed
60
Dispute Resolution Process
Relationships with our suppliers are important to us and we rely on our suppliers to deliver high quality goods and services to meet the needs of our customers. Our purchase contracts specify dispute escalation processes. We commit to treating suppliers fairly and intend to resolve any identified disputes as quickly as possible. Point of contact details are provided on purchase orders.
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
DEVONPORT ROYAL DOCKYARD LIMITED is an active private limited company
Its name signifies involvement in the operation, management, or support functions associated with a royal dockyard, typically related to naval or maritime engineering activities
The company was incorporated on 26 November 1986 and is registered under company number 02077752
Its official registered office is located at 33 Wigmore Street, London, United Kingdom, W1U 1QX
Companies in the UK market with a focus on royal dockyard operations typically specialise in naval ship repair, maintenance, and refitting
These organisations often provide comprehensive marine engineering and logistical support for defence maritime assets
