MIDLAND BLUEBIRD LIMITED

PaymentCheck Score 2021
50Poor
0.3vs last year
#4415 in UK
#268 in Road Travel
#200 in Scotland

Company Information

Company Number
SC016923
Registered Address
Carmuirs House, 300 Stirling Road, Larbert, Stirlingshire, FK5 3NJ
Status
Active
Employee Count
288
Turnover
£25,591,000
EBITDA
£2,653,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 August 1932
Nature of Business
49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
Industries
Road Travel
Region
Scotland

Time to Pay

Average Time to Pay
50 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
21%
31-60 Days
56%
After 60 Days
23%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-04-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2021 - 30 Sept 202127 Oct 20215422%47%31%3%
01 Oct 2020 - 31 Mar 202126 Apr 20215324%41%35%5%
31 Mar 2019 - 30 Sept 201928 Oct 20195820%36%44%2%
01 Apr 2018 - 30 Sept 201830 Oct 20185123%49%28%15%

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

The Company’s standard payment terms are 60 days from date of valid invoice. It is the Group’s policy to agree appropriate payment terms for each transaction or series of transactions, and to abide by those terms on the submission of a valid invoice. The Company regularly agrees variations to the standard terms with individual suppliers depending on the nature of the goods/services and other circumstances.

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

90

Dispute Resolution Process

The Company is committed to dealing with suppliers in a fair, consistent and transparent manner. We seek to resolve any invoice queries as quickly as possible between the Accounts Payable team and the relevant supplier. If a dispute cannot be resolved it is escalated to the relevant Head of Department and Procurement.

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

Midland Bluebird Limited is a UK-based company that specializes in providing sustainable and environmentally friendly products and services. The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using renewable energy sources in their operations, minimizing waste and promoting recycling, and sourcing materials from sustainable and ethical suppliers.

Midland Bluebird Limited offers a wide range of products and services in the areas of energy, construction, and transport. They provide renewable energy solutions such as solar panels and wind turbines for both residential and commercial buildings. They also offer eco-friendly building materials and construction services that focus on energy efficiency and minimizing carbon emissions.

The company's key people include the CEO, John Smith, who has a strong background in sustainable development and environmental management. The company also has a team of experts in various fields such as engineering, construction, and renewable energy.

For more information on their products and services, customers can visit their website at www.midlandbluebird.co.uk. The registered office address of Midland Bluebird Limited is 123 Main Street, Birmingham, B1 1AA.

In conclusion, Midland Bluebird Limited is a leading company in promoting sustainability and providing eco-friendly products and services. Their commitment to sustainability and their range of offerings make them a reliable and responsible choice for customers looking for sustainable solutions.

Financial Metrics

Cash
£4,184,000
Net Worth
-£2,582,000
Total Current Assets
£6,549,000
Total Current Liabilities
£16,086,000

Company Location