DALZIEL LIMITED

Company Information

Company Number
SC063157
Registered Address
8 Belgowan Street, Bellshill North Industrial Est, Bellshill, Lanarkshire, ML4 3NS
Status
Active
Employee Count
517
Turnover
£260,222,000
EBITDA
£30,509,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 September 1977
Nature of Business
46390 - Non-specialised wholesale of food, beverages and tobacco
46900 - Non-specialised wholesale trade
Industries
Distribution And Delivery, Food And Drink
Region
Scotland

Time to Pay

Average Time to Pay
61 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
23%
31-60 Days
62%
After 60 Days
15%
Not Paid Within Terms13%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

DALZIEL LIMITED consistently processes payments slowly, with an average payment time of 61 days, significantly exceeding standard 30-day terms. The vast majority of payments (62%) fall into the 31-60 day bracket, with a notable 15% extending beyond 60 days. This trend indicates a stable pattern of delayed payments, pushing average credit cycles beyond two months.

Volatility Analysis

While the concentration of payments between 31 and 60 days provides some predictability in slowness, the 15% of payments exceeding 60 days introduces a distinct element of unreliability for precise payment timing. The 13% of officially late payments highlight a tangible risk of non-adherence to standard payment deadlines. Therefore, suppliers face a predictable delay, but also a specific risk of further extensions.

Summary Analysis

Suppliers should approach engagements with DALZIEL LIMITED prepared for an extended payment cycle, typically averaging around 60 days or more. It is recommended to establish clear payment terms upfront, potentially requiring shorter cycles or upfront deposits, to mitigate working capital strain. Consider adjusting credit limits or pricing strategies to account for the consistently slower payment pattern and potential for late payments.

Performance Reports History

Reporting Period Filed: 2019-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2018 - 31 Mar 201930 Apr 20196316%66%18%6%
01 Apr 2018 - 30 Sept 201831 Jan 20196123%62%15%13%
01 Oct 2017 - 31 Mar 201807 Aug 20186020%63%17%10%

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

Dalziel Limited agrees appropriate payment terms with its suppliers, based on the nature of the transaction. The Company pays its suppliers no later than the end of the second month following the month in which the invoice is received.

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

Invoice queries are dealt with by the supplier's contact at the local depot. If a dispute remains unresolved it is escalated to our Head Office accounts team.

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

DALZIEL LIMITED operates as a private limited company. This legal structure enables the company to engage in commercial activities whilst providing limited liability protection for its shareholders.

The company is an active entity, registered in Scotland under company number SC063157. It was incorporated on 27 September 1977, and its registered office is situated at 8 Belgowan Street, Bellshill North Industrial Est, Bellshill, Lanarkshire, ML4 3NS.

Private limited companies in the UK, such as DALZIEL LIMITED, are versatile business organisations capable of operating across a wide array of sectors. They typically provide a diverse range of goods or services, including manufacturing, distribution, retail, and various professional services to the market.

Financial Metrics

Net Worth
£2,900,000
Total Current Assets
£47,400,000
Total Current Liabilities
£47,100,000

Company Location