ORION ENGINEERING SERVICES LIMITED

PaymentCheck Score 2025
98Excellent
0.3vs last year
#235 in UK
#29 in Professional Services
#16 in Scotland

Company Information

Company Number
SC098014
Registered Address
Orion House, Castleheather, Inverness, IV2 6AA
Status
Active
Employee Count
183
Turnover
£259,047,000
EBITDA
£3,784,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 March 1986
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
Scotland

Time to Pay

Average Time to Pay
9 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
96%
31-60 Days
4%
After 60 Days
0%
Not Paid Within Terms6%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 2025997%3%0%5%
01 Jul 2024 - 31 Dec 202430 Jan 2025997%3%0%5%
01 Jan 2024 - 30 Jun 202430 Jul 2024996%4%0%6%
01 Jan 2023 - 30 Jun 202326 Jul 2023597%3%0%6%
01 Jul 2022 - 31 Dec 202226 Jan 2023696%4%0%9%
01 Jan 2022 - 30 Jun 202225 Jul 2022597%3%0%7%
01 Jan 2020 - 30 Jun 202030 Jul 2020498%2%0%3%
01 Jul 2018 - 31 Dec 201829 Jan 20194100%0%0%3%
01 Jan 2018 - 30 Jun 201831 Jul 20184100%0%0%3%

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

In general the company’s suppliers can be split into 2 main categories of qualifying contracts - agency contractors and trade suppliers. Standard payment terms are 7 days for agency contractors and 30 days for trade suppliers.

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

30

Dispute Resolution Process

Any complaints or concerns will be initially considered by the Accounts Payable department. In the case of a dispute this will be referred to the department who ordered and received the goods or services and if an initial resolution is not achieved it will be escalated to the appropriate level of company management. The outcome of the internal investigation will be provided to the supplier as soon as the investigation is complete. We aim to resolve all disputes as soon as possible.

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

ORION ENGINEERING SERVICES LIMITED is a leading engineering company based in the United Kingdom. The company specializes in providing a wide range of engineering services to various industries, including oil and gas, petrochemical, and renewable energy.

The company's sustainability program is a key aspect of its operations, with a focus on minimizing environmental impact and promoting responsible business practices. This includes using sustainable materials, reducing energy consumption, and implementing recycling and waste management programs.

ORION ENGINEERING SERVICES LIMITED offers a variety of products and services, including design and engineering, procurement, project management, and construction services. They also provide maintenance and support services to ensure the smooth operation of their clients' projects.

The key people at ORION ENGINEERING SERVICES LIMITED include the managing director, who oversees the overall operations of the company, and a team of experienced engineers and project managers who work together to deliver high-quality services to their clients.

For more information on their services and products, as well as their sustainability program, interested parties can visit their website at www.orioneng.com. The company's registered office address is located at 10 St. Bride Street, London, EC4A 4AD, United Kingdom.

In conclusion, ORION ENGINEERING SERVICES LIMITED is a reputable and sustainable engineering company that offers a wide range of services to various industries. With their commitment to responsible business practices, they have established themselves as a leader in the engineering industry in the UK.

Financial Metrics

Cash
£2,842,000
Net Worth
£20,993,000
Total Current Assets
£56,619,000
Total Current Liabilities
£37,019,000

Company Location