BEAR SCOTLAND LIMITED
Company Information
- Company Number
- SC206139
- Registered Address
- Bear House,Inveralmond Road, Inveralmond Industrial Estate, Perth, PH1 3TW
- Status
- Active
- Employee Count
- 892.0
- Turnover
- 225455000.0
- EBITDA
- 7480000.0
Additional Details
- Website
- https://www.bearscot.com/
- Company Type
- Private limited Company
- Incorporated On
- 11 April 2000
- Nature of Business
- 42110 - Construction of roads and motorways
- Industries
- Property,Infrastructure And Construction,Travel And Transportation
- Region
- Tayside
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 44 | 33% | 51% | 16% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 25 | 33% | 51% | 17% | 33% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 43 | 33% | 48% | 18% | 35% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 41 | 39% | 47% | 14% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 39 | 50% | 40% | 10% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 42 | 29% | 57% | 14% | 61% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 37 | 49% | 41% | 10% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 34 | 55% | 37% | 8% | 35% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 33 | 63% | 31% | 6% | 28% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 31 | 61% | 35% | 4% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 35 | 52% | 39% | 9% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 35 | 51% | 42% | 7% | 45% |
Company Summary
BEAR SCOTLAND LIMITED is a leading infrastructure services company based in Scotland
They provide a wide range of sustainable solutions for roads, bridges, and other transportation networks
Their sustainability program is focused on reducing carbon emissions and promoting a greener environment
They have implemented various initiatives such as using renewable energy sources, promoting recycling and waste reduction, and reducing their carbon footprint through efficient operations
BEAR Scotland Limited is committed to sustainable development and has received various awards and recognition for their efforts
The company offers a range of products and services including road maintenance, winter maintenance, bridge inspections and repairs, traffic management, and construction projects
They work closely with their clients to provide innovative and cost-effective solutions, while also ensuring minimal impact on the environment
The key people at BEAR Scotland Limited include their Managing Director, Iain Murray, and their Director of Operations, Andy Thompson
They lead a team of highly skilled and dedicated professionals who are committed to delivering high-quality services
For more information on their products and services, or to get in touch with their team, you can visit their website at www.bearscotland.co.uk
Their registered office address is at BEAR Scotland Limited, Unit 11, Cliftonhall Road, Newbridge, Edinburgh, EH28 8TW
BEAR Scotland Limited is a subsidiary of the BEAR Scotland Group and is a part of the Eurovia UK Group, a leading provider of transport infrastructure services
Company Review
Trend Analysis
The average time for BEAR SCOTLAND LIMITED to pay invoices has fluctuated over the past three periods, with a decrease from 35 days in 2018 to 25 days in 2023. However, there was a slight increase in 2021 to 42 days before dropping again in 2022.
Volatility Analysis
The volatility of the % Invoices paid later than 60 days has been high, with the highest percentage being 18% in 2022 and the lowest being 4% in 2019. The % Invoices not paid within agreed terms has also been volatile, with the highest percentage being 61% in 2021 and the lowest being 22% in 2019.
Summary Analysis
From 2018 to 2023, there has been a decrease in the average time for BEAR SCOTLAND LIMITED to pay invoices, with the lowest being 25 days in 2023. The % Invoices paid within 30 days has also increased from 51% in 2018 to 33% in 2023. However, there has been an increase in the % Invoices paid between 31 and 60 days, reaching its highest at 57% in 2021. The % Invoices paid later than 60 days has also fluctuated, with the highest being 18% in 2022 and the lowest being 4% in 2019. The % Invoices not paid within agreed terms has also been volatile, with the highest being 61% in 2021 and the lowest being 22% in 2019.
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 end of month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
All disputes are handled by our Finance Services team who strive to resolve these in a timely manner. Escalation to the Finance Services Manager or another senior manager within the company.
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.
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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