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
- Website
- http://dalziel.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 27 September 1977
- Nature of Business
- 46390 - Non-specialised wholesale of food, beverages and tobacco46900 - Non-specialised wholesale trade
- Industries
- Distribution And Delivery, Food And Drink
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
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 | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 63 | 16% | 66% | 18% | 6% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Jan 2019 | 61 | 23% | 62% | 15% | 13% |
| 01 Oct 2017 - 31 Mar 2018 | 07 Aug 2018 | 60 | 20% | 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.
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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.
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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.
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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?
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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.