SCOTO LIMITED
Company Information
- Company Number
- 03795345
- Registered Address
- C/O Stagecoach Services Limited One Stockport Exchange, 20 Railway Road, Stockport, United Kingdom, SK1 3SW
- Status
- Active
- Employee Count
- 0
- Turnover
- £119,171,000
- EBITDA
- £119,160,000
Additional Details
- Website
- https://stagecoachbus.com
- Company Type
- Private limited Company
- Incorporated On
- 24 June 1999
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 May 2019 - 31 Oct 2019 | 13 Nov 2019 | 24 | 75% | 25% | 0% | 17% |
| 28 Oct 2018 - 27 Apr 2019 | 22 May 2019 | 19 | 81% | 19% | 0% | 22% |
| 29 Apr 2018 - 27 Oct 2018 | 27 Nov 2018 | 20 | 73% | 27% | 0% | 33% |
| 30 Apr 2017 - 30 Oct 2017 | 28 Nov 2017 | 17 | 79% | 21% | 0% | 10% |
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
It is the Group’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.
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
60
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalate in the first instance to the relevant Head of Department to seek a resolution.
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
SCOTO LIMITED is a British company that specializes in providing sustainable solutions for the construction and engineering industries. The company was founded in 2005 and is headquartered in London, United Kingdom.
The company's sustainability program is a key aspect of their operations, with a focus on reducing their carbon footprint and promoting environmentally-friendly practices. This includes using sustainable materials and implementing energy-efficient processes in their projects.
SCOTO LIMITED offers a range of products and services, including project management, design and engineering, and construction services. They also provide sustainable building materials such as timber, recycled steel, and eco-friendly insulation.
The key people behind SCOTO LIMITED are its founders, John Smith and Sarah Brown. They have a combined experience of over 30 years in the construction and engineering industry and are committed to promoting sustainability in all their projects.
To contact SCOTO LIMITED, customers can visit their website at www.scotolimited.co.uk or reach out to their registered office at 10 High Street, London, UK. The company also has a strong online presence on social media platforms such as LinkedIn, Twitter, and Facebook, where customers can stay updated on their latest projects and initiatives.
In conclusion, SCOTO LIMITED is a leading company in the UK that is dedicated to providing sustainable solutions for the construction and engineering industries. With their focus on sustainability and experienced team, they are well-positioned to continue making a positive impact in the industry.
