ASCO UK LIMITED
Company Information
- Company Number
- SC029934
- Registered Address
- Asco Group Headquarters Unit A, 11 Harvest Avenue, D2 Business Park, Dyce, Aberdeen, AB21 0BQ
- Status
- Active
- Employee Count
- 949
- Turnover
- £342,635,000
- EBITDA
- £30,704,000
Additional Details
- Website
- https://ascoworld.com/
- Company Type
- Private limited Company
- Incorporated On
- 15 March 1954
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Distribution And Delivery
- 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 Jan 2025 - 30 Jun 2025 | 16 Jul 2025 | 41 | 31% | 53% | 16% | 35% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 43 | 28% | 57% | 15% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 40 | 32% | 60% | 8% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 36 | 42% | 51% | 7% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 42 | 28% | 56% | 16% | 35% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 38 | 37% | 52% | 11% | 32% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 37 | 38% | 52% | 10% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 38 | 36% | 54% | 10% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 39 | 33% | 55% | 12% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 38 | 35% | 57% | 8% | 33% |
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
Standard terms 45 days from receipt of correctly prepared and adequately supported 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
60
Dispute Resolution Process
Disputes related to payments are dealt with in first instance by the finance shared services team via email (accountspayable@ascoworld.com). In the event that a resolution is not achieved, disputes may be escalated as appropriate.
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
ASCO UK LIMITED is a leading provider of supply chain management and logistics services for the oil and gas industry in the United Kingdom. The company offers a wide range of services including procurement, marine and port operations, and transportation.
ASCO UK LIMITED is committed to sustainability and has implemented various programs to reduce its environmental impact. This includes using renewable energy sources, reducing waste and emissions, and promoting sustainable practices among its employees and suppliers.
The company's products and services are tailored to meet the specific needs of the oil and gas industry, including supply chain management, warehousing, logistics, and materials management. They also provide specialized services such as decommissioning and waste management for the energy sector.
The key people at ASCO UK LIMITED include the managing director, Craig Lennox, who has over 20 years of experience in the oil and gas industry, and the chairman, Peter France, who has extensive experience in logistics and supply chain management.
The company's website, www.ascoworld.com, provides detailed information about its services, sustainability initiatives, and company news. The registered office address is ASCO UK LIMITED, 6th Floor, 20 Chapel Street, Aberdeen AB10 1SP, United Kingdom.
