HILLHOUSE QUARRY GROUP LIMITED
Company Information
- Company Number
- SC135103
- Registered Address
- Hillhouse Quarry, Troon, Ayrshire, KA10 7HX
- Status
- Active
- Employee Count
- 236
- Turnover
- £78,889,000
- EBITDA
- £12,905,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 November 1991
- Nature of Business
- 08110 - Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
HILLHOUSE QUARRY GROUP LIMITED consistently pays within the 31-60 day window, accounting for 69% of payments, with an average payment time of 32 days. This indicates a general trend of settling invoices slightly beyond standard 30-day terms, but reliably within two months.
Volatility Analysis
The high concentration of payments (69%) in the 31-60 day range suggests predictable payment behavior, minimizing significant unpredictability. However, the 2% of payments exceeding 60 days introduces a minor tail risk for very delayed settlements, although this is a small percentage.
Summary Analysis
Suppliers should anticipate payments from HILLHOUSE QUARRY GROUP LIMITED typically arriving between 31-60 days. It is advisable to factor a 60-day payment cycle into cash flow projections, and consider negotiating payment terms accordingly or applying a slight premium for immediate payment requirements to mitigate potential delays.
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 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 32 | 29% | 69% | 2% | 2% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 36 | 26% | 69% | 5% | 4% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 35 | 31% | 65% | 4% | 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
Last day of month following month of invoice
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
62
Dispute Resolution Process
Any disputes are raised by the department responsible for the purchase who contact the relevant department from the supplier outlining the query with a view to resolving as soon as possible whether that be replacement goods or issue of a credit note.
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.
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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?
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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
HILLHOUSE QUARRY GROUP LIMITED is an active private limited company operating within the quarrying sector. Its company name signifies involvement in quarry operations.
Registered in Scotland, the company was incorporated on 19 November 1991 under company number SC135103. Its registered office is located at Hillhouse Quarry, Troon, Ayrshire, KA10 7HX.
Companies operating within the UK quarrying sector commonly encompass the extraction and supply of aggregates, including sand, gravel, and crushed rock. Their operations often involve the production of materials such as asphalt, ready-mixed concrete, and other construction-related products for the building industry.
