FIFE SCOTTISH OMNIBUSES LIMITED

PaymentCheck Score 2025
66Fair
2.2vs last year
#2713 in UK
#120 in Scotland

Company Information

Company Number
SC026126
Registered Address
10 Dunkeld Road, Perth, Perthshire, United Kingdom, PH1 5TW
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
26 February 1948
Nature of Business
49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
36 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
38%
31-60 Days
61%
After 60 Days
1%
Not Paid Within Terms4%

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: 2025-06-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
28 Oct 2024 - 03 May 202501 Jun 20253638%61%1%4%
28 Apr 2024 - 27 Oct 202425 Nov 20243441%58%1%3%
31 Oct 2023 - 27 Apr 202427 May 20243244%54%2%3%
30 Apr 2023 - 30 Oct 202323 Nov 20233348%50%2%5%
01 Nov 2022 - 29 Apr 202329 May 20232763%34%3%6%
01 May 2022 - 31 Oct 202225 Nov 20222863%35%2%3%
02 Nov 2021 - 30 Apr 202230 May 20223155%44%1%4%
01 May 2021 - 01 Nov 202130 Nov 20213349%49%2%3%
03 Nov 2020 - 01 May 202131 May 20213444%50%6%10%
03 May 2020 - 02 Nov 202022 Dec 20203642%49%9%13%
27 Oct 2019 - 02 May 202023 Jun 20203446%51%3%8%
28 Apr 2019 - 26 Oct 201926 Nov 20193355%43%2%3%
31 Oct 2018 - 27 Apr 201929 May 20193254%43%3%10%
29 Apr 2018 - 30 Oct 201830 Nov 20183254%44%2%4%
01 Nov 2017 - 28 Apr 201829 May 20183060%38%2%3%
30 Apr 2017 - 30 Oct 201729 Nov 20173352%46%2%3%

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 Company’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 escalated 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

FIFE SCOTTISH OMNIBUSES LIMITED is an active private limited company. Based on its name, it operates omnibus services.

The company was incorporated on 26 February 1948 and is registered in Scotland under company number SC026126. Its registered office is situated at 10 Dunkeld Road, Perth, Perthshire, United Kingdom, PH1 5TW.

In the UK market, companies operating omnibus services typically provide scheduled public transport routes for local and regional travel. They also commonly offer services such as school transport and private coach hire.

Financial Metrics

Cash
£172,000
Net Worth
£33,400,000
Total Current Assets
£6,500,000
Total Current Liabilities
£19,400,000

Company Location