DOVER FUELING SOLUTIONS UK LIMITED

PaymentCheck Score 2021
39Poor
14.6vs last year
#4990 in UK
#193 in Energy
#224 in Scotland

Company Information

Company Number
SC058090
Registered Address
Exchange Tower, 19 Canning Street, Edinburgh, EH3 8EH
Status
Active
Employee Count
567
Turnover
£88,440,000
EBITDA
-£15,855,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 July 1975
Nature of Business
24510 - Casting of iron
28290 - Manufacture of other general-purpose machinery not elsewhere classified
Industries
Energy, Manufacturing, Raw Materials And Intermediate Goods
Region
Scotland

Time to Pay

Average Time to Pay
64 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
24%
31-60 Days
33%
After 60 Days
43%
Not Paid Within Terms35%

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: 2022-01-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202124 Jan 20226424%33%43%35%
01 Jul 2020 - 31 Dec 202022 Mar 20217010%37%53%30%
01 Jan 2020 - 30 Jun 202022 Mar 2021806%26%68%60%
01 Jul 2019 - 31 Dec 201910 Feb 20206894%1%5%29%
01 Jan 2018 - 30 Jun 201823 Nov 2018727%29%63%62%

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

Majority are 60 day standard payment terms

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

120

Dispute Resolution Process

Suppliers are notified of any invoices under dispute and work with the procurement team to resolve in a timely manner.

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

DOVER FUELING SOLUTIONS UK LIMITED is a leading provider of innovative fueling and convenience solutions for the petroleum and convenience store industries. The company is committed to sustainability and offers a range of products and services that promote energy efficiency and reduce environmental impact.

The sustainability program at DOVER FUELING SOLUTIONS UK LIMITED focuses on reducing carbon emissions, conserving water and energy, and promoting waste reduction and recycling. The company also works with suppliers and partners to ensure sustainability throughout the supply chain.

One of the key products offered by DOVER FUELING SOLUTIONS UK LIMITED is the Wayne Helix fuel dispenser, which is designed to reduce fuel evaporation and improve efficiency. The company also offers a range of fuel management systems, electronic payment solutions, and point-of-sale systems for convenience stores.

The company is led by Managing Director, Mark Pumfrey, and has a dedicated team of professionals who are committed to delivering high-quality products and services. DOVER FUELING SOLUTIONS UK LIMITED is headquartered in Dundee, Scotland, and has offices and service centers across the UK.

To learn more about DOVER FUELING SOLUTIONS UK LIMITED and their sustainability efforts, visit their website at www.doverfuelingsolutions.com/uk. The registered office address for the company is 8-10 Millburn Road, Fairmuir Industrial Estate, Dundee, DD3 7QJ, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
-£28,783,000
Total Current Assets
£53,139,000
Total Current Liabilities
£112,782,000

Company Location