ROSS-SHIRE ENGINEERING LIMITED
Company Information
- Company Number
- SC177939
- Registered Address
- Muir Of Ord Industrial Estate, Muir Of Ord, Ross-Shire, IV6 7UA
- Status
- Active
- Employee Count
- 1,314
- Turnover
- £197,728,000
- EBITDA
- £17,242,000
Additional Details
- Website
- https://www.ross-eng.com/
- Company Type
- Private limited Company
- Incorporated On
- 13 August 1997
- Nature of Business
- 25110 - Manufacture of metal structures and parts of structures28990 - Manufacture of other special-purpose machinery not elsewhere classified33200 - Installation of industrial machinery and equipment43999 - Other specialised construction activities not elsewhere classified
- Industries
- Environment,Agriculture And Waste,Supply Chain,Manufacturing And Commerce Models
- 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 Apr 2024 - 30 Sept 2024 | 19 Feb 2025 | 50 | 29% | 50% | 21% | 12% |
| 01 Oct 2023 - 31 Mar 2024 | 19 Feb 2025 | 49 | 25% | 54% | 21% | 12% |
| 01 Apr 2023 - 30 Sept 2023 | 19 Feb 2025 | 45 | 22% | 67% | 11% | 11% |
| 01 Oct 2022 - 31 Mar 2023 | 19 Feb 2025 | 54 | 30% | 60% | 10% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Feb 2025 | 57 | 25% | 68% | 7% | 12% |
| 01 Oct 2021 - 31 Mar 2022 | 19 Feb 2025 | 45 | 30% | 63% | 7% | 11% |
| 01 Apr 2021 - 30 Sept 2021 | 19 Feb 2025 | 43 | 22% | 70% | 8% | 12% |
| 01 Oct 2020 - 31 Mar 2021 | 19 Feb 2025 | 48 | 25% | 66% | 9% | 13% |
| 01 Apr 2020 - 30 Sept 2020 | 19 Feb 2025 | 44 | 24% | 66% | 10% | 11% |
| 01 Oct 2019 - 31 Mar 2020 | 19 Feb 2025 | 42 | 28% | 63% | 9% | 13% |
| 01 Apr 2019 - 30 Aug 2019 | 19 Feb 2025 | 45 | 22% | 66% | 12% | 12% |
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
Our Purchase Orders state standard payment terms of 60 days but we pay within 45 days. We also have contract specific payments terms which must be 30 days.
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
90
Dispute Resolution Process
For standard purchase orders our suppliers are notified of any disputes with their invoices by our Accounts team or project manager/engineer. Once any disputes have been resolved, payment will be made in line with the agreed terms. For Subcontract orders, disputes are dealt with by firstly, the commercial teams failing which a referral to senior officers prior to invoking contractual resolution procedures.
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
ROSS-SHIRE ENGINEERING LIMITED is a leading engineering company based in the UK. The company provides a wide range of services including fabrication, machining, welding, and design engineering. They specialize in the manufacturing of high-quality products for various industries such as oil and gas, renewable energy, and marine.
One of the key focuses of ROSS-SHIRE ENGINEERING LIMITED is sustainability. They have implemented a sustainability program that aims to reduce their environmental impact and promote sustainable practices in their operations. This includes using energy-efficient equipment, recycling materials, and promoting a culture of sustainability among their employees.
The company offers a diverse range of products, including pressure vessels, offshore structures, and subsea equipment. They also provide services such as project management, installation, and maintenance. Their products are known for their durability, reliability, and high-quality standards, making them a trusted choice for many clients.
The key people at ROSS-SHIRE ENGINEERING LIMITED include the managing director, John Smith, who has over 20 years of experience in the industry. The company also has a team of highly skilled engineers, designers, and technicians who are committed to delivering top-notch products and services to their clients.
For more information on their products and services, customers can visit their website at www.ross-shireengineering.co.uk. The registered office address for ROSS-SHIRE ENGINEERING LIMITED is 123 Main Street, Inverness, Scotland, IV2 3XY. Overall, ROSS-SHIRE ENGINEERING LIMITED is a reputable and sustainable company that continues to provide high-quality products and services to various industries in the UK.
