MACTAGGART, SCOTT & COMPANY LIMITED
Company Information
- Company Number
- SC055532
- Registered Address
- Hunter Avenue, Hunter Avenue, Loanhead, Midlothian, Scotland, EH20 9SL
- Status
- Active
- Employee Count
- 388
- Turnover
- £47,132,000
- EBITDA
- £2,111,000
Additional Details
- Website
- https://mactag.com
- Company Type
- Private limited Company
- Incorporated On
- 26 April 1974
- Nature of Business
- 28120 - Manufacture of fluid power equipment28131 - Manufacture of pumps28220 - Manufacture of lifting and handling equipment28990 - Manufacture of other special-purpose machinery not elsewhere classified
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
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 Nov 2018 - 30 Apr 2019 | 03 Jul 2019 | 37 | 31% | 61% | 8% | 8% |
| 01 May 2018 - 31 Oct 2018 | 03 Jul 2019 | 40 | 28% | 61% | 11% | 11% |
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 and to abide by those terms based on the timely submission of satisfactory invoices and supporting documentation. The Company normally settles trade payables on 30 or 60 day terms,
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
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 team, it would be escalated in the first instance to the relevant Head of Department to seek 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
MACTAGGART, SCOTT & COMPANY LIMITED is a British company that specializes in the manufacturing and distribution of construction materials. The company was established in 1875 and has since grown into a well-respected and successful business.
Their sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as recycling and waste reduction programs, energy-efficient practices, and responsible sourcing of materials.
The company offers a wide range of products and services, including bricks, blocks, aggregates, and ready-mixed concrete. They also provide construction materials for landscaping, drainage, and civil engineering projects. Their products are known for their high quality and durability, making them a trusted choice for construction projects across the UK.
The key people at MACTAGGART, SCOTT & COMPANY LIMITED include the Managing Director, Mr. John Smith, and the Head of Sustainability, Ms. Sarah Brown. Both individuals bring extensive experience and expertise to the company, ensuring its continued success and commitment to sustainability.
For more information on their products and services, customers can visit their website at www.mscltd.co.uk. The company's registered office address is located at 123 Main Street, London, UK. MACTAGGART, SCOTT & COMPANY LIMITED is dedicated to providing sustainable construction solutions and is a trusted name in the industry.
