Score of 93.5/100 qualifies for PaymentCheck Certification
| 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 2024 - 30 Sept 2024 | 01 Nov 2024 | 15 | 86% | 10% | 4% | 14% |
| 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 Sept 2021 - 31 Mar 2022 | 09 Dec 2022 | 11 | 93% | 5% | 2% | 7% |
| 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 2020 - 30 Sept 2020 | 30 Oct 2020 | 15 | 89% | 6% | 5% | 2% |
| 01 Oct 2019 - 31 Mar 2020 | 01 May 2020 | 13 | 90% | 5% | 5% | 10% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 12 | 93% | 6% | 1% | 7% |
This information is as reported by the business, and responses are in their own words.
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
Disputes and queries are dealt with by the finance department with the support of managers who procured the good and/or services
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Caledonian Maritime Assets Limited, trading as CMAL, owns the ferries, ports, harbours and related infrastructure required for ferry services serving Scotland, particularly the west coast and Clyde Estuary. It owns 37 ferries, of which 32 are leased to CalMac Ferries and five to Serco Northlink Ferries for Orkney and Shetland routes. CMAL acts as Statutory Harbour Authority and owner of 17 ports and harbours in the Firth of Clyde and Hebrides, plus properties and port infrastructure at ten further locations. Its work includes commissioning new vessels, maintaining and upgrading harbour infrastructure, and delivering terminal construction and improvement projects. Incorporated in 1889, it remains an active company based in Port Glasgow.
Generated from the company's website and Companies House records. Sources: cmassets.co.uk · cmassets.co.uk