HYDRASUN LIMITED
Company Information
- Company Number
- SC059688
- Registered Address
- Gateway Business Park, Moss Road, Aberdeen, AB12 3GQ
- Status
- Active
- Employee Count
- 469
- Turnover
- £101,973,000
- EBITDA
- £10,741,000
Additional Details
- Website
- https://hydrasun.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 March 1976
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Life Sciences And Medical Technology
- 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 Apr 2023 - 30 Sept 2023 | 20 Nov 2023 | 58 | 10% | 36% | 54% | 1% |
| 01 Oct 2022 - 31 Mar 2023 | 01 May 2023 | 64 | 7% | 29% | 64% | 1% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 60 | 9% | 31% | 60% | 1% |
| 01 Oct 2021 - 31 Mar 2022 | 06 May 2022 | 65 | 6% | 27% | 67% | 1% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 67 | 5% | 21% | 74% | 1% |
| 01 Oct 2020 - 31 Mar 2021 | 04 May 2021 | 67 | 5% | 20% | 75% | 2% |
| 01 Apr 2019 - 30 Sept 2019 | 01 Nov 2019 | 68 | 4% | 21% | 76% | 11% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 66 | 5% | 22% | 73% | 15% |
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
The company standard payment terms are sixty days from the End of the Month of receipt of a valid invoice, but payment terms vary across the supplier population, with longer payment terms agreed with larger suppliers.
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
90
Dispute Resolution Process
The Company will notify suppliers of any invoice disputes through Accounts Payable or Purchasing teams. Once the dispute is resolved, payment will be made in accordance with agreed terms.
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
Hydrasun Limited is a leading provider of integrated fluid transfer, power and control solutions to the global energy, marine, and renewables industries. The company was founded in 1976 and is headquartered in Aberdeen, Scotland.
Their sustainability program is focused on reducing their environmental impact and promoting sustainable practices throughout their operations. This includes implementing energy-efficient measures, reducing waste, and using sustainable materials in their products.
Hydrasun offers a wide range of products and services, including hoses and couplings, instrumentation and control, and engineering and manufacturing solutions. They also provide rental equipment and on-site services to their clients.
The company is led by a team of experienced professionals, including CEO Bob Drummond and CFO Mark Currie. They are committed to delivering high-quality products and services to their customers while upholding the company's values of safety, integrity, and innovation.
Hydrasun has a global presence, with offices and facilities in Europe, the Americas, Middle East, and Asia Pacific. Their website, www.hydrasun.com, provides more information on their products, services, and sustainability efforts.
The registered office address for Hydrasun Limited is Gateway Business Park, Moss Road, Aberdeen, AB12 3GQ, United Kingdom.
