VIRIDOR ENVIROSCOT LIMITED
Company Information
- Company Number
- SC182926
- Registered Address
- C/O Shepherd & Wedderburn Llp, 9 Haymarket Square, Edinburgh, Scotland, EH3 8FY
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £11,000
Additional Details
- Website
- https://viridor.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 12 February 1998
- Nature of Business
- 38320 - Recovery of sorted materials
- Industries
- Environment,Agriculture And Waste
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for VIRIDOR ENVIROSCOT LIMITED to pay invoices has fluctuated between 26 and 30 days over the past three periods.
Volatility Analysis
There is some volatility in the average time taken for the company to pay invoices, with a difference of 4 days between the lowest and highest values.
Summary Analysis
Over the past three periods, VIRIDOR ENVIROSCOT LIMITED has maintained a consistent average time taken to pay invoices of around 28 days.
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 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 28 | 68% | 22% | 10% | 52% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 27 | 66% | 32% | 2% | 18% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 30 | 61% | 36% | 3% | 28% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 29 | 59% | 39% | 2% | 27% |
| 01 Oct 2019 - 31 Mar 2020 | 24 Apr 2020 | 26 | 74% | 23% | 3% | 17% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 28 | 77% | 18% | 5% | 17% |
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
30 days after the end of the month of receipt by the Customer of a valid undisputed invoice. All payment activity for Viridor Ltd and all subsidiaries are managed and processed by Viridor Waste Management Ltd (the main group trading company). As a result, the payment practices reported for Viridor Waste Management Ltd reflect all transactions across the group.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
As a result, the payment practices reported reflect all transactions across the Viridor group plus any specific payments made directly by the subsidiary. Viridor introduced an automated invoice process in conjunction with a new group ERP system on 1 April 2018. This was implemented to deliver improved financial governance and improve the timeliness and response to the invoice workflow and payments to suppliers. A valid invoice reflects: • registered and approved supplier • purchase order number • includes the necessary details of goods/services, date and financial detail and sent either electronically to invoices@viridor.co.uk or by post. Whilst Viridor is not a member of the prompt payment code, we do adopt the principles of the code including: 1. paying suppliers on time – with average payment days which is below our standard terms and lower than 30 days 2. Clear guidance to suppliers – our terms and conditions are included within our purchase orders and on our website. 3. Encourage good practice – as part of Viridor a Supplier Code of Conduct and Sustainable Procurement Policy was launched in November 2018.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Viridor Waste Management Ltd operates an automated invoice process. We work closely with our suppliers and aim to pay all invoices in a timely and accurate manner. Any disputes that arise are immediately brought to the attention of the dedicated Accounts Payable team and Transactional Services Manager who will engage with all relevant stakeholders to ensure a speedy and satisfactory resolution. Any dispute arising that is not resolved is escalated through the finance management structure and the Executive Management team member 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.
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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.
❌
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
VIRIDOR ENVIROSCOT LIMITED is a leading environmental solutions company based in Scotland. They specialize in waste management, recycling, and renewable energy generation. The company is committed to sustainability and has a strong focus on reducing carbon footprint and promoting circular economy practices.
Their sustainability program includes a range of initiatives such as investing in state-of-the-art technology for waste management, promoting recycling and resource recovery, and generating renewable energy from waste. They also work closely with local communities and stakeholders to raise awareness about environmental issues and encourage sustainable practices.
VIRIDOR ENVIROSCOT LIMITED offers a wide range of products and services including waste collection and disposal, recycling services, and energy recovery. They work with businesses, local authorities, and households to provide tailored solutions for their waste management needs. Their advanced recycling facilities enable them to recycle a wide range of materials, reducing the amount of waste sent to landfills.
The key people at VIRIDOR ENVIROSCOT LIMITED include their Managing Director, Head of Environment and External Affairs, and Head of Energy Development. These individuals bring a wealth of experience and expertise to the company's operations and sustainability efforts.
To get in touch with VIRIDOR ENVIROSCOT LIMITED, their website address is www.viridor.co.uk and their registered office address is Viridor House, 6th Floor, 107 Cheapside, London, EC2V 6DN. They also have a dedicated customer service team that can be contacted for any queries or inquiries.
