CRUDEN BUILDING (SCOTLAND) LIMITED

PaymentCheck Score 2023
66Fair
1.0vs last year
#3049 in UK
#217 in Property
#133 in Scotland

Company Information

Company Number
SC098858
Registered Address
16 Walker Street, Edinburgh, Scotland, EH3 7LP
Status
Active
Employee Count
200
Turnover
£88,285,000
EBITDA
-£2,121,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 May 1986
Nature of Business
41100 - Development of building projects
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
Industries
Property, Infrastructure And Construction
Region
Scotland

Time to Pay

Average Time to Pay
33 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
70%
31-60 Days
25%
After 60 Days
5%
Not Paid Within Terms19%

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: 2024-10-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202327 Nov 20233643%49%8%11%
01 Apr 2021 - 31 Mar 202209 May 20223648%48%4%18%
01 Oct 2020 - 31 Mar 202128 Apr 20213239%54%7%17%
01 Apr 2019 - 30 Sept 201929 Oct 20193738%53%9%12%
01 Apr 2018 - 30 Sept 201829 Oct 20183734%58%8%8%

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

Purchase ledger (supplier payments) – Our standard payment terms are ‘net monthly’, being payment to the supplier by the end of month following the month of invoice. There were no changes to the standard payment terms in the reporting period. The purchase ledger administers a variety of terms including 7,30 and 45 days. Sub-contract ledger – Our standard payment terms are 42 days from valuation date. There were no changes to the standard payment terms in the reporting period.

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

45

Dispute Resolution Process

Purchase ledger (supplier payments) – Complaints or concerns relating to disputes about payments should be directed in writing or email to the Purchase Ledger team at Cruden Campus, 5 Clydesmill Road, Cambuslang, Glasgow G32 8RE. The dispute can be escalated to the Finance Director if required. Sub-contract ledger – Complaints or concerns relating to disputes about payments should be in the first instance communicated to the Surveying Department in writing or email. If concern/ dispute is unresolved it should be directed in writing or email to the Subcontractor Ledger team at Cruden Campus, 5 Clydesmill Road, Cambuslang, Glasgow G32 8RE. The dispute can be escalated to the Commercial Director or Finance Director if required.

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

CRUDEN BUILDING (SCOTLAND) LIMITED is a leading construction company based in Scotland. Established in 1933, the company has a long-standing reputation for delivering high-quality projects across a range of sectors including residential, commercial, and public buildings.

The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting sustainable building practices. This includes using sustainable materials, implementing energy-efficient strategies, and reducing carbon emissions.

CRUDEN BUILDING offers a wide range of products and services including construction, design, refurbishment, and maintenance. They also provide specialist services such as roofing, plumbing, and electrical work. The company prides itself on its ability to deliver projects on time and within budget, while maintaining the highest standards of quality and safety.

The key people at CRUDEN BUILDING include the managing director, John Cruden, who has been with the company for over 30 years and has a wealth of experience in the construction industry. The company also has a team of dedicated project managers, engineers, and tradespeople who bring their expertise to each project.

To learn more about CRUDEN BUILDING and their services, you can visit their website at www.crudenbuilding.co.uk. Their registered office address is located at 166 Buchanan Street, Glasgow, G1 2LS. The company welcomes inquiries and can be contacted via phone at 0141 847 8700 or email at info@crudenbuilding.co.uk.

Financial Metrics

Cash
£7,000
Net Worth
£3,437,000
Total Current Assets
£57,610,000
Total Current Liabilities
£55,719,000

Company Location