PROSERV UK LIMITED
Company Information
- Company Number
- SC122029
- Registered Address
- Blackwood House, Union Grove Lane, Aberdeen, AB10 6XU
- Status
- Active
- Employee Count
- 343
- Turnover
- £50,615,000
- EBITDA
- £10,970,000
Additional Details
- Website
- https://proserv.com/
- Company Type
- Private limited Company
- Incorporated On
- 20 December 1989
- Nature of Business
- 28990 - Manufacture of other special-purpose machinery not elsewhere classified71121 - Engineering design activities for industrial process and production77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 84 | 33% | 26% | 41% | 58% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 69 | 8% | 42% | 50% | 71% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 71 | 8% | 52% | 40% | 65% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 66 | 9% | 44% | 47% | 76% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 65 | 28% | 43% | 29% | 69% |
| 01 Jan 2020 - 30 Jun 2020 | 06 Aug 2020 | 75 | 10% | 44% | 46% | 68% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Mar 2020 | 73 | 11% | 40% | 49% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Oct 2019 | 98 | 3% | 31% | 65% | 83% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 74 | 6% | 40% | 53% | 91% |
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
Proserv UK Limited’s standard payment terms state that payment of third-party invoices for goods and services will be made within 60 days of receipt of a correct, undisputed and properly due VAT invoice. In certain circumstances, where it has been agreed in writing by a duly authorised representative, Proserv’s standard payment terms may differ from the standard of 60 days. In any event, the payment terms that apply are clearly stated on each purchase order issued / raised.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Proserv UK Limited is a part of a wider group that serves the global energy industry. As such, there is a high-volume of intercompany transactions that are disclosed within this reporting requirement as they meet the definition of a “qualifying contract”. If the impact of these intercompany transactions are removed, for the current reporting period, the Average Days to Pay metric reduces from 84 to around 64 days.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Doing the Right thing in the Right way is at the core of Proserv’s FRESH values and, as such, the business endeavours to resolve all queries / disputes in a fair and timely manner. Queries / disputes are resolved by discussion and agreement with a supplier and are typically managed by the buyer responsible for the affected purchase order.
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.
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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
PROSERV UK LIMITED is a leading company in the UK that provides innovative and sustainable solutions to the energy industry. They offer a wide range of services and products to their clients, with a strong focus on sustainability and environmental responsibility.
Their sustainability program is at the core of their operations, as they aim to reduce their carbon footprint and promote sustainable practices throughout their business. They have implemented various initiatives such as recycling, energy efficiency, and responsible sourcing of materials to minimize their environmental impact.
PROSERV UK LIMITED offers a range of products and services including subsea intervention and control systems, well intervention and production optimization solutions, and asset integrity management services. These products and services are designed to help their clients improve their efficiency, reduce costs, and increase safety in their operations.
The company is led by a team of experienced and knowledgeable professionals, including the CEO, Andrew Anderson, who has over 30 years of experience in the energy industry. The company's website provides detailed information on their products, services, and sustainability efforts, as well as contact information for potential clients.
PROSERV UK LIMITED's registered office address is at 1st Floor, 4-5 Bonhill Street, London, EC2A 4BX, United Kingdom. Their website address is www.proserv.com. With their commitment to sustainability and innovative solutions, PROSERV UK LIMITED continues to be a key player in the energy industry in the UK.
