TILLICOULTRY QUARRIES LIMITED maintains an average payment time of 38 days, placing the majority of transactions within the 31-60 day window, which accounts for 75% of all payments. Only 23% of payments are settled within the preferred 30-day threshold, indicating a consistent pattern of slightly extended payment cycles. However, the near-absence of payments exceeding 60 days (2%) and zero late payments suggests a stable and disciplined payment behaviour overall.
The payment profile is notably low-risk, with payments heavily concentrated in the 31-60 day band (75%), demonstrating a highly predictable and consistent payment rhythm. The 2% of payments beyond 60 days represents a minimal tail risk, and the complete absence of late or defaulted payments reinforces strong reliability. Suppliers can forecast cash flow with reasonable confidence when dealing with this company, though they should plan for an average settlement period of approximately 38 days rather than the standard 30.
TILLICOULTRY QUARRIES LIMITED presents a low-risk payment profile and is a reliable trading partner, albeit one that typically operates on a slightly extended payment cycle beyond standard 30-day terms. Suppliers should factor the 38-day average into their cash flow planning and consider aligning payment terms to 45 days to better reflect actual behaviour and avoid unnecessary credit pressure. No significant risk mitigation measures are required, though periodic monitoring of the over-60-day category is advisable to detect any emerging shifts in payment behaviour.
| 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 | 13 Mar 2026 | 39 | 19% | 79% | 2% | 1% |
| 01 Oct 2024 - 31 Mar 2025 | 13 Mar 2026 | 38 | 26% | 73% | 1% | 0% |
| 01 Apr 2024 - 30 Sept 2024 | 17 Mar 2026 | 38 | 23% | 75% | 2% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
CM+1
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
In the first instance suppliers will contact the accounts payable team via email accounts@tillicoultryquarries.com or by phone who will aim to resolve the query in a timely manner. If the team are unable to resolve the matter it can be escalated to the Accounts Manager, Finance Director and ultimately the Managing Director
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
Tillicoultry Quarries Limited is a private limited company operating within the quarrying industry in Scotland. The company's name indicates its principal activity involves the extraction and supply of quarried materials.
Incorporated on 18 March 1931, Tillicoultry Quarries Limited is one of Scotland's long-established businesses, bringing decades of operational experience to its sector. The company is registered in Scotland under company number SC016360 and maintains its registered office at Rwm House, Kilbagie, Alloa, Scotland, FK10 4DY.
Quarrying companies of this type in the UK market typically supply a range of aggregates, crushed stone, and construction materials serving industries such as civil engineering, road construction, and building. These materials form an essential part of the construction supply chain, supporting both public infrastructure projects and private development across the region.
With over ninety years of trading history, Tillicoultry Quarries Limited represents a well-established presence in the Scottish quarrying sector, operating as an active private limited company under the oversight of Companies House.