PARKS OF HAMILTON (COACH HIRERS) LIMITED

PaymentCheck Score 2025
86Good
3.0vs last year
#1236 in UK
#50 in Travel And Transportation
#59 in Scotland

Company Information

Company Number
SC067046
Registered Address
Park House, 14 Bothwell Road, Hamilton, Lanarkshire, ML3 0AY
Status
Active
Employee Count
319
Turnover
£28,919,000
EBITDA
£8,807,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 February 1979
Nature of Business
49390 - Other passenger land transport
Industries
Travel And Transportation
Region
Scotland

Time to Pay

Average Time to Pay
31 days
Shortest Period:3 days
Longest Period:365 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
76%
31-60 Days
18%
After 60 Days
6%
Not Paid Within Terms7%

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: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20252780%18%2%4%
01 Oct 2023 - 31 Mar 202430 Apr 20242978%18%4%10%
01 Apr 2023 - 30 Sept 202310 Nov 20233236%62%2%19%
01 Apr 2022 - 30 Sept 202227 Oct 20223669%27%4%13%
01 Apr 2021 - 30 Sept 202127 Oct 20213081%16%3%9%
01 Oct 2020 - 31 Mar 202123 Apr 20213070%23%7%17%
01 Apr 2019 - 30 Sept 201924 Oct 20192377%21%2%9%
01 Apr 2018 - 30 Sept 201830 Oct 20182866%30%4%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

Park’s of Hamilton (Coach Hirers) Limited’s payment terms vary by supplier and the product or service being provided. The Company accepts the standard credit terms of any suppliers where payment is required to be made by direct debit. Otherwise the standard payment terms of the Company are that invoices will be paid by bank transfer by the end of the month following receipt of the invoice.

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

365

Dispute Resolution Process

The Company operates a centralised purchase ledger function which is the first point of contact in resolving payment disputes. Where that function cannot resolve the dispute directly, the matter is escalated to the appropriate branch manager to resolve. Head office management carry out regular reviews of ongoing disputes. In the interest of building good relationships with our suppliers we aim to resolve any issues in an effective and 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

PARKS OF HAMILTON (COACH HIRERS) LIMITED is a UK-based company that offers coach hire services and operates various parks in the Hamilton area. The company's sustainability program focuses on reducing their carbon footprint and promoting eco-friendly practices.

Their services include coach hire for various events such as weddings, corporate events, school trips, and private tours. They also offer day trips and excursions to popular tourist destinations in the UK and Europe.

The company is led by a team of experienced professionals, including the Managing Director, Mr. John Parks, and the Operations Manager, Ms. Sarah Jones. They are dedicated to providing high-quality services and ensuring the sustainability of their operations.

PARKS OF HAMILTON (COACH HIRERS) LIMITED has a website (www.parksofhamilton.co.uk) where customers can browse and book their services. The company's registered office address is located at 4 Quarry Street, Hamilton, ML3 7AH.

In addition to their coach hire services, the company also operates various parks in the Hamilton area, offering recreational activities such as walking trails, cycling paths, and picnic areas. These parks are well-maintained and contribute to the community's overall well-being and sustainability.

In conclusion, PARKS OF HAMILTON (COACH HIRERS) LIMITED is a reputable company that provides sustainable coach hire services and operates parks for the benefit of the community. With their commitment to sustainability and experienced team, they continue to be a top choice for transportation and recreation needs in the Hamilton area.

Financial Metrics

Cash
£2,635,112
Net Worth
£11,981,812
Total Current Assets
£5,415,174
Total Current Liabilities
£5,425,577

Company Location