FUGRO GB (NORTH) MARINE LIMITED

Company Information

Company Number
SC066833
Registered Address
28 Albyn Place, Aberdeen, United Kingdom, AB10 1YL
Status
Active
Employee Count
727
Turnover
£208,955,000
EBITDA
£27,730,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 January 1979
Nature of Business
71129 - Other engineering activities
Industries
Waterways Travel
Region
Scotland

Time to Pay

Average Time to Pay
41 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
36%
31-60 Days
46%
After 60 Days
18%
Not Paid Within Terms70%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2018-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201831 Jul 20184136%46%18%70%

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

30 days from due date

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

60

Dispute Resolution Process

Query is sent to original requestor of good or service then to their line manager The project team who has ordered good or services liaises directly with supplier to resolve disputes.

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

FUGRO GB (NORTH) MARINE LIMITED is a leading provider of marine surveying, geotechnical, and geophysical services in the United Kingdom. The company specializes in delivering high-quality data and solutions for the offshore energy, infrastructure, and environmental industries.

Their sustainability program focuses on reducing their environmental impact and promoting responsible business practices. This includes implementing energy-efficient measures, reducing carbon emissions, and using sustainable materials in their operations. FUGRO also prioritizes safety and ethical standards in all of their projects.

The company offers a wide range of products and services, including offshore site investigations, pipeline and cable route surveys, seabed mapping, and environmental impact assessments. They also provide advanced data analysis and visualization tools to help clients make informed decisions.

Key people in the company include the Managing Director, Richard Quinlan, and the Head of Operations, Sarah Ashley. Their experienced team of engineers, scientists, and technicians are committed to delivering high-quality and reliable results for their clients.

FUGRO GB (NORTH) MARINE LIMITED is headquartered in Wallingford, Oxfordshire, and can be contacted through their website (www.fugro.com) or by phone at +44 (0) 1491 821 600. Their registered office address is Fugro House, Hithercroft Road, Wallingford, Oxfordshire, OX10 9RB, United Kingdom.

In summary, FUGRO GB (NORTH) MARINE LIMITED is a reputable and sustainable company that offers a wide range of marine surveying services to various industries. With their experienced team and commitment to sustainability, they continue to be a trusted partner in delivering reliable and innovative solutions for their clients.

Financial Metrics

Cash
£269,000
Net Worth
£18,677,000
Total Current Assets
£65,489,000
Total Current Liabilities
£59,983,000

Company Location