The Skills Development Scotland Co. Limited demonstrates an exceptionally strong payment trend, with an average payment time of just 4 days — well within standard net terms. All invoices are settled within 30 days, with zero instances recorded in the 31–60 day or over-60-day brackets. This consistent, rapid payment pattern indicates a stable and disciplined accounts payable process with no signs of deterioration.
Payment behaviour is highly predictable, with a 0% late payment rate and no recorded deviations beyond the 30-day threshold. The 4-day average settlement time suggests minimal volatility and a low-risk payment profile for any prospective or existing supplier. There are no identifiable risk factors in the available data that would suggest future payment disruption.
The Skills Development Scotland Co. Limited represents an extremely low-risk client, making it a highly favourable counterparty for suppliers of any size. The combination of near-immediate average payment and a flawless on-time record supports extending standard or even preferential credit terms with confidence. No risk mitigation measures, such as advance payments or reduced credit limits, are warranted based on this data.
| 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 2025 - 31 Mar 2026 | 20 May 2026 | 4 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Skills Development Scotland (SDS), in line with other public sector organisations, is bound by the Late Payment of Commercial Debts (Interest) Act 1998 and makes payment within 30 days of receipt of a valid invoice, unless alternative contractual terms apply. Payment terms are agreed when orders for goods and services are placed, and SDS adheres to those arrangements. Where possible, SDS aims to comply with the Scottish Government’s target of making payment of authorised invoices within 10 working days of receipt.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Invoices submitted to Skills Development Scotland are processed in accordance with agreed contractual terms and internal controls, including purchase order matching and invoice approval. Payments to suppliers are made on a regular basis in line with established payment cycles.
Maximum contractual payment period agreed
30
Suppliers may contact Skills Development Scotland to raise queries or disputes regarding relevant invoices or payments. Any disputes are reviewed promptly and resolved in accordance with agreed contractual terms, with the aim of avoiding unnecessary delays to payment.
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.
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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
The Skills Development Scotland Co. Limited is a private company limited by guarantee without share capital, a structure commonly adopted by not-for-profit organisations and public bodies operating in the skills and workforce development sector. This company structure reflects its remit as an organisation focused on delivering skills-related services rather than generating profit for shareholders.
The company is registered in Scotland under company number SC202659 and maintains its registered office at Floor 1 Monteith House, 11 George Square, Glasgow, G2 1DY. The company was incorporated on 24 December 1999 and remains active to this day.
Organisations of this nature operating within the skills development sector in the United Kingdom typically provide a range of workforce and career-related services. These commonly include careers guidance, apprenticeship programmes, training support, and skills planning initiatives designed to support individuals, employers, and the wider economy.
As a Glasgow-based organisation operating as a company limited by guarantee, The Skills Development Scotland Co. Limited forms part of Scotland's public sector landscape, working to support the development of skills and employment across the country.