CALEDONIAN MARITIME ASSETS LIMITED
Company Information
- Company Number
- SC001854
- Registered Address
- Municipal Buildings, Fore Street, Port Glasgow, Renfrewshire, PA14 5EQ
- Status
- Active
- Employee Count
- 52
- Turnover
- £44,048,000
- EBITDA
- £36,260,000
Additional Details
- Website
- https://cmassets.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 8 May 1889
- Nature of Business
- 50100 - Sea and coastal passenger water transport52220 - Service activities incidental to water transportation77341 - Renting and leasing of passenger water transport equipment
- Industries
- Travel And Transportation
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 10 | 97% | 2% | 1% | 3% |
| 01 Apr 2023 - 30 Sept 2023 | 02 Nov 2023 | 11 | 97% | 3% | 1% | 3% |
| 01 Oct 2022 - 31 Mar 2023 | 13 Jun 2023 | 15 | 90% | 7% | 4% | 10% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 12 | 94% | 6% | 0% | 6% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 15 | 88% | 9% | 3% | 1% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 18 | 85% | 10% | 5% | 1% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 12 | 93% | 6% | 1% | 7% |
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
10 working days from receipt of invoice
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
30
Dispute Resolution Process
Disputes and queries are dealt with by the finance department with the support of managers who procured the good and/or services
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
CALEDONIAN MARITIME ASSETS LIMITED (CMAL) is a publicly owned company that manages and operates a fleet of ferries and harbors in Scotland. Founded in 2006, the company's main goal is to provide safe, efficient and sustainable ferry services to the local communities and visitors.
CMAL's sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact. This includes using renewable energy sources, such as wind and solar power, on their ferries and implementing environmentally friendly practices in their harbors. They also have a commitment to reducing their carbon footprint and promoting biodiversity in the areas they operate in.
The company offers a range of products and services, including ferry travel for passengers, freight transportation, and the maintenance and development of harbors. They have a fleet of 33 ferries, including the iconic MV Loch Seaforth, which operates on the Ullapool to Stornoway route. CMAL also manages 26 harbors across Scotland, which provide access to remote communities and popular tourist destinations.
The key people at CMAL include the Chairman, David McGibbon, and the Chief Executive, Kevin Hobbs, who lead a team of dedicated professionals. The company has a strong focus on customer service and ensuring the safety and comfort of their passengers.
The registered office address for CMAL is at 12-14 Melfort Street, Glasgow, G4 9SH, Scotland. Their website address is www.cmassets.co.uk, where customers can find information on their services, timetables, and sustainability efforts. CMAL also has a presence on social media platforms, such as Twitter and LinkedIn, where they share updates and engage with their customers.
In summary, CALEDONIAN MARITIME ASSETS LIMITED is a reputable company that plays an essential role in providing sustainable ferry services and maintaining harbors in Scotland. With a commitment to reducing their environmental impact and a strong focus on customer satisfaction, CMAL continues to be a vital part of Scotland's transport infrastructure.
