FIRST ABERDEEN LIMITED

PaymentCheck Score 2025
56Fair
0.4vs last year
#3332 in UK
#198 in Road Travel
#151 in Scotland

Company Information

Company Number
SC097420
Registered Address
395 King Street, Aberdeen, AB24 5RP
Status
Active
Employee Count
342
Turnover
£30,912,000
EBITDA
£9,123,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 February 1986
Nature of Business
49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
Industries
Road Travel
Region
Scotland

Time to Pay

Average Time to Pay
48 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
30%
31-60 Days
52%
After 60 Days
18%
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: 2025-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Mar 2025 - 29 Sept 202522 Oct 20254527%57%16%5%
30 Sept 2024 - 29 Mar 202525 Apr 20254830%52%18%7%
26 Sept 2023 - 30 Mar 202415 Apr 20244632%48%20%5%
26 Mar 2023 - 25 Sept 202312 Oct 20234830%45%25%5%
27 Mar 2022 - 26 Sept 202219 Oct 20224926%49%25%6%
01 Apr 2021 - 30 Sept 202126 Oct 20214729%46%25%3%
01 Oct 2020 - 31 Mar 202115 Apr 20214929%46%25%3%
31 Mar 2019 - 30 Sept 201928 Oct 20195126%41%33%6%
01 Apr 2018 - 30 Sept 201829 Oct 20185520%45%35%44%

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

The Company’s standard payment terms are 60 days from date of valid invoice. It is the Group’s policy to agree appropriate payment terms for each transaction or series of transactions, and to abide by those terms on the submission of a valid invoice. The Company regularly agrees variations to the standard terms with individual suppliers depending on the nature of the goods/services and other circumstances.

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

The Company is committed to dealing with suppliers in a fair, consistent and transparent manner. We seek to resolve any invoice queries as quickly as possible between the Accounts Payable team and the relevant supplier. If a dispute cannot be resolved it is escalated to the relevant Head of Department and Procurement.

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

FIRST ABERDEEN LIMITED is a UK-based transportation company that provides bus services in the Aberdeen area. The company was founded in 1999 and has been providing reliable and efficient transportation for over 20 years.

The sustainability program of FIRST ABERDEEN LIMITED focuses on reducing their carbon footprint and promoting environmentally friendly practices. They have implemented a fleet of hybrid buses and have plans to introduce electric buses in the future. The company also encourages its employees to use public transportation and offers incentives for car-sharing.

The company offers a wide range of products and services to meet the transportation needs of the local community. They have a variety of ticket options, including daily, weekly, and monthly passes, as well as discounted fares for students and seniors. FIRST ABERDEEN LIMITED also offers charter services for group outings and events.

The key people at FIRST ABERDEEN LIMITED include their managing director, operations manager, and finance manager, who are all dedicated to providing excellent service to their customers. They also have a team of experienced and trained bus drivers who ensure the safety and comfort of passengers.

The contact information for FIRST ABERDEEN LIMITED includes their website, www.firstaberdeen.com, where customers can find information about schedules, fares, and updates on their services. Their registered office address is at 395 King Street, Aberdeen, AB24 5RP.

In summary, FIRST ABERDEEN LIMITED is a reputable transportation company in the UK, with a strong focus on sustainability and providing quality services to their customers. Their commitment to reducing their carbon footprint and promoting eco-friendly practices sets them apart from other transportation companies in the area. With their wide range of products and services, dedicated team, and easily accessible website, FIRST ABERDEEN LIMITED continues to be a reliable and convenient choice for transportation in Aberdeen.

Financial Metrics

Cash
£10,008,000
Net Worth
£23,339,000
Total Current Assets
£17,478,000
Total Current Liabilities
£9,224,000

Company Location