MACDUFF SHELLFISH (SCOTLAND) LIMITED

PaymentCheck Score 2023
72Fair
1.7vs last year
#2577 in UK
#32 in Agriculture
#110 in Scotland

Company Information

Company Number
SC106514
Registered Address
Pinsent Masons Llp, 13 Queens Road, Aberdeen, Scotland, AB15 4YL
Status
Active
Employee Count
377
Turnover
£61,986,000
EBITDA
£420,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 September 1987
Nature of Business
10200 - Processing and preserving of fish, crustaceans and molluscs
Industries
Agriculture, Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
61%
31-60 Days
35%
After 60 Days
4%
Not Paid Within Terms41%

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: 2024-01-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202316 Jan 20242561%35%4%41%
01 Jul 2022 - 31 Dec 202226 Jan 20232660%36%4%35%
01 Jan 2022 - 30 Jun 202226 Jul 20222857%39%4%46%
01 Jul 2021 - 31 Dec 202111 Jan 20222954%40%6%44%
01 Jan 2021 - 30 Jun 202115 Jul 20212661%36%3%39%
01 Jul 2020 - 31 Dec 202011 Jan 20212561%36%3%44%
01 Jan 2019 - 30 Jun 201912 Jul 20192756%42%2%60%

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

Payment terms End of Month following invoice date

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

60

Dispute Resolution Process

Concern will be raised by relevant department & dispute resolved with supplier - either by credit note being required for any financial dispute or invoice processed if in agreement

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

MACDUFF SHELLFISH (SCOTLAND) LIMITED is a leading seafood company based in Scotland. They are committed to sustainability and have a strong focus on ethical and responsible practices.

The company's main activity is the processing and distribution of shellfish, including mussels, oysters, scallops and langoustines. They have a wide range of products available, both fresh and frozen, and cater to both domestic and international markets.

MACDUFF SHELLFISH (SCOTLAND) LIMITED has a strong sustainability program in place, aiming to protect and preserve the environment and the marine life. They have invested in state-of-the-art facilities and technology to ensure the highest quality and sustainability standards are met. They also work closely with local fishermen and suppliers to ensure responsible sourcing of their seafood.

The key people behind MACDUFF SHELLFISH (SCOTLAND) LIMITED are the directors, Mr. William J. Cadman and Mr. William J. Cadman Jr. They have a team of experienced and dedicated professionals who are committed to delivering top-quality products and services.

For more information, the company can be contacted through their website: www.macduffshellfish.com. Their registered office address is at 71 Shore Street, Macduff, Aberdeenshire, AB44 1UB, Scotland.

In conclusion, MACDUFF SHELLFISH (SCOTLAND) LIMITED is a reputable and sustainable seafood company with a wide range of products and a strong commitment to ethical and responsible practices. With their experienced team and modern facilities, they continue to provide high-quality seafood to customers while protecting the environment.

Financial Metrics

Cash
£2,516,845
Net Worth
£27,649,928
Total Current Assets
£36,266,265
Total Current Liabilities
£30,518,369

Company Location