BABCOCK MARINE TRAINING LIMITED
Company Information
- Company Number
- 03086376
- Registered Address
- 33 Wigmore Street, London, W1U 1QX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 August 1995
- Nature of Business
- 84110 - General public administration activities84220 - Defence activities
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
BABCOCK MARINE TRAINING LIMITED demonstrates a consistent trend of timely payments, with an average payment time of 27 days. A significant 75% of payments are made within 30 days, indicating a predictable payment speed that generally aligns with standard net-30 terms.
Volatility Analysis
While generally reliable, there is some volatility as 24% of payments extend to 31-60 days, and a small 1% go beyond 60 days. The 22% late payment rate introduces a moderate risk factor regarding absolute predictability for every invoice, indicating some instances where payment terms might be exceeded.
Summary Analysis
Overall, BABCOCK MARINE TRAINING LIMITED presents a favorable payment profile for suppliers, with a strong inclination towards timely payments. Key decision factors include their average 27-day payment and 75% within 30 days, suggesting a low-risk engagement for most transactions. For risk mitigation, suppliers should factor in the potential for approximately 25% of payments to slightly exceed 30 days and maintain clear communication on payment terms.
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 | 27 | 75% | 24% | 1% | 22% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 24 | 78% | 22% | 0% | 18% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 20 | 80% | 20% | 0% | 26% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 20 | 85% | 15% | 0% | 22% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 23 | 89% | 10% | 1% | 12% |
| 01 Oct 2022 - 31 Mar 2023 | 25 Apr 2023 | 20 | 89% | 10% | 1% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 24 | 84% | 15% | 1% | 16% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 24 | 84% | 16% | 0% | 16% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 26 | 76% | 22% | 2% | 24% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 24 | 75% | 22% | 2% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 21 | 82% | 16% | 2% | 21% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 21 | 82% | 17% | 0% | 26% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 20 | 82% | 15% | 3% | 22% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 25 | 74% | 21% | 5% | 37% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 23 | 82% | 16% | 2% | 37% |
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
BABCOCK MARINE TRAINING LIMITED is an active private limited company
It specialises in providing training services within the marine sector, as indicated by its company name
The company was incorporated on 1 August 1995 and operates under company number 03086376
Its registered office is located at 33 Wigmore Street, London, W1U 1QX
The company's designated location is 'Other'
Typically, private limited companies focused on marine training in the UK market deliver a range of services
These commonly include professional development, vocational courses, and safety certifications for personnel operating in various maritime industries
