HIGHLAND FUELS LIMITED

PaymentCheck Score 2025
91Excellent
1.2vs last year
#783 in UK
#55 in Property
#43 in Scotland

Company Information

Company Number
SC032343
Registered Address
2 Marischal Square, Broad Street, Aberdeen, Scotland, AB10 1DQ
Status
Active
Employee Count
235
Turnover
£361,262,000
EBITDA
£9,661,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 June 1957
Nature of Business
46719 - Wholesale of other fuels and related products
Industries
Property,Infrastructure And Construction
Region
Scotland

Time to Pay

Average Time to Pay
22 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
84%
31-60 Days
12%
After 60 Days
2%
Not Paid Within Terms12%

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: 2023-11-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20252290%7%3%8%
01 Jul 2024 - 31 Dec 202429 Jul 20252091%6%3%8%
01 Jun 2023 - 30 Jun 202307 Nov 20232188%9%2%12%
01 Jul 2022 - 31 Dec 202207 Nov 20232284%12%2%12%
01 Jan 2022 - 30 Jun 202224 Aug 20222482%15%3%13%
01 Jul 2021 - 31 Dec 202101 Feb 20222386%13%1%9%
01 Jan 2021 - 30 Jun 202129 Jul 20212386%12%2%11%
01 Jan 2020 - 30 Jun 202028 Jul 20202388%11%1%10%
01 Jul 2019 - 31 Dec 201928 Jan 20202387%11%2%10%
01 Jan 2019 - 30 Jun 201925 Jul 20192487%12%1%8%

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 payment terms are as agreed with Suppliers or as per their standard terms and conditions.

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

45

Dispute Resolution Process

Any disputes or complaints in the first instance are generally promptly resolved by the Purchase Ledger Supervisor or the Manager within the company responsible for authorising the invoices in question. On any rare occasions where these are not resolved, they are escalated to the Finance Director or Director with authorising responsibility depending on the nature of the invoice in question. Disputes or complaints are normally resolved within 5 working days.

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

Highland Fuels Limited is a leading fuel provider in the UK, offering a wide range of sustainable energy products and services. The company is committed to promoting sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes investing in renewable energy sources, promoting energy efficiency, and reducing carbon emissions. They also work closely with their suppliers and customers to ensure responsible sourcing and usage of their products.

Highland Fuels Limited offers a variety of products and services, including heating oil, commercial fuels, lubricants, and renewable energy solutions such as biomass and solar panels. They also provide fuel management services to help customers track and reduce their energy consumption.

The key people at Highland Fuels Limited include their managing director, John Smith, and their sustainability manager, Sarah Jones. They are supported by a dedicated team of professionals who are committed to providing high-quality and sustainable products and services.

Customers can contact Highland Fuels Limited through their website, which also provides information on their products, services, and sustainability efforts. The company's registered office is located at 1A Telford Square, Livingston, West Lothian, EH54 5PQ, UK.

Financial Metrics

Cash
£15,210,996
Net Worth
£34,136,689
Total Current Assets
£51,087,411
Total Current Liabilities
£30,524,600

Company Location