HIGHLAND SPRING LIMITED

PaymentCheck Score 2024
33Poor
0.7vs last year
#5089 in UK
#96 in Food And Drink
#237 in Scotland

Company Information

Company Number
SC067339
Registered Address
Stirling Street, Blackford, Perthshire, PH4 1QA
Status
Active
Employee Count
423
Turnover
£148,240,000
EBITDA
£17,889,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 March 1979
Nature of Business
11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters
Industries
Food And Drink
Region
Scotland

Time to Pay

Average Time to Pay
62 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
5%
31-60 Days
40%
After 60 Days
55%
Not Paid Within Terms26%

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: 2024-07-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202412 Jul 2024625%40%55%26%
01 Jul 2023 - 31 Dec 202315 Jan 2024626%42%52%28%
01 Jan 2023 - 30 Jun 202325 Jul 2023645%38%57%29%
01 Jul 2022 - 31 Dec 202213 Jan 2023645%36%59%35%
01 Jul 2021 - 31 Dec 202124 Jan 2022645%42%53%26%
01 Jan 2021 - 30 Jun 202113 Jul 2021605%39%56%29%
01 Jul 2020 - 31 Dec 202021 Jan 2021594%40%56%27%
01 Jan 2019 - 30 Jun 201909 Jul 2019764%36%60%37%
01 Jul 2018 - 31 Dec 201807 Feb 2019704%42%54%28%
01 Jan 2018 - 30 Jun 201831 Jul 2018654%47%49%24%

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

MONTH END FOLLOWING MONTH OF 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

90

Dispute Resolution Process

Invoices are matched on receipt and disputed invoices notified to the supplier. Disputes are managed directly between the supplier and the individual who requested the goods or who also advise Accounts Payable that the invoice is in dispute and should be placed on hold. This allows Accounts Payable to provide an explanation if the supplier contacts them about payment.

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

Highland Spring Limited is a Scottish company that specializes in bottling and distributing natural spring water. They are committed to sustainability and have implemented various programs to reduce their environmental impact.

Their sustainability program includes initiatives such as reducing their carbon footprint through renewable energy sources, using 100% recyclable packaging, and participating in local community clean-up efforts. They also have a partnership with the Keep Scotland Beautiful organization to promote responsible waste management and recycling.

The company offers a variety of natural spring water products, including still and sparkling water in various sizes and packaging options. They also have a range of flavored and infused waters, as well as a line of kids' drinks.

The key people at Highland Spring Limited include Les Montgomery, the CEO, and Sally Stanley, the Director of Sustainability. They work closely with their team to ensure the company's sustainability goals are met.

For any inquiries or orders, customers can contact Highland Spring Limited through their website, www.highlandspring.com, or by phone at +44 (0)1764 660 500. Their registered office address is Stirling Street, Blackford, Perthshire, PH4 1QA, Scotland.

In conclusion, Highland Spring Limited is a sustainable company that offers a variety of natural spring water products. They are dedicated to reducing their environmental impact and have key individuals and programs in place to achieve this goal. Customers can easily contact them through their website or by phone for any inquiries or orders.

Financial Metrics

Cash
£1,201,000
Net Worth
£8,153,000
Total Current Assets
£38,280,000
Total Current Liabilities
£34,123,000

Company Location