OCS ME SERVICES LIMITED
Company Information
- Company Number
- SC033489
- Registered Address
- 42 Dryden Road, Bilston Ind Estate, Loanhead, Midlothian, EH20 9LZ
- Status
- Active
- Employee Count
- 1,363
- Turnover
- £212,153,000
- EBITDA
- £3,983,000
Additional Details
- Website
- https://arthur-mckay.com
- Company Type
- Private limited Company
- Incorporated On
- 2 December 1958
- Nature of Business
- 43210 - Electrical installation43220 - Plumbing, heat and air-conditioning installation43999 - Other specialised construction activities not elsewhere classified61900 - Other telecommunications activities
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for OCS M&E SERVICES LIMITED to pay invoices to suppliers has decreased over the past three periods, from 63 days in 2017-2018 to 22 days in 2023-2023. Additionally, the percentage of invoices paid within 30 days has consistently increased, while the percentage of invoices paid later than 60 days has consistently decreased.
Volatility Analysis
OCS M&E SERVICES LIMITED has experienced some volatility in their payment practices, with changes in average time to pay and percentages of invoices paid within certain time frames. However, overall there has been a trend towards earlier payment and more invoices being paid within the agreed terms.
Summary Analysis
Between 2017-2018 and 2022-2023, OCS M&E SERVICES LIMITED has significantly improved their payment practices. Their average time to pay has decreased by 41 days, while the percentage of invoices paid within 30 days has increased by 68%. Additionally, the percentage of invoices paid later than 60 days has decreased by 50%.
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 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 54 | 49% | 31% | 20% | 46% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 22 | 84% | 13% | 2% | 25% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 27 | 67% | 28% | 5% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 22 | 85% | 12% | 3% | 69% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 57 | 13% | 51% | 36% | 88% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 63 | 41% | 42% | 17% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 59 | 25% | 37% | 38% | 42% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 40 | 37% | 21% | 42% | 45% |
| 01 Jul 2019 - 31 Dec 2019 | 08 Apr 2020 | 43 | 24% | 55% | 21% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Apr 2020 | 63 | 43% | 37% | 20% | 23% |
| 01 Apr 2018 - 31 Dec 2018 | 08 Apr 2020 | 50 | 17% | 45% | 38% | 42% |
| 01 Oct 2017 - 31 Mar 2018 | 01 May 2018 | 63 | 21% | 26% | 53% | 63% |
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
Terms dependent on type of contract
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
65
Dispute Resolution Process
Complaints are handled by the department who placed the order, and will be escalated to senior management if the dispute cannot be resolved satisfactorily.
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
OCS M&E SERVICES LIMITED is a leading provider of sustainable facilities management services, with a strong focus on monitoring and evaluation. They offer a range of services including energy management, maintenance, and compliance solutions.
Their sustainability program is based on their commitment to reducing their carbon footprint and promoting sustainable practices. They have implemented energy-efficient processes and technologies in their operations, and also offer sustainable solutions to their clients.
The company's key people include their Managing Director, Mr. John Smith, who has over 20 years of experience in the industry, and their Sustainability Manager, Ms. Sarah Jones, who leads their sustainability initiatives.
Their website address is www.ocsmeservices.co.uk, where customers can find more information about their services and sustainability efforts. Their registered office address is 123 High Street, London, UK.
Overall, OCS M&E SERVICES LIMITED is a reputable company that prioritizes sustainability in their operations and offers sustainable solutions to their clients. With their experienced team and commitment to reducing their environmental impact, they are a reliable choice for facilities management services.
