BABCOCK MARINE (CLYDE) LIMITED
Company Information
- Company Number
- SC220243
- Registered Address
- Rosyth Business Park, Rosyth, Dunfermline, Fife, KY11 2YD
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 June 2001
- Nature of Business
- 74990 - Non-trading company
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
BABCOCK MARINE (CLYDE) LIMITED shows a generally prompt payment trend with an average payment time of 29 days, and 56% of payments made within 30 days. However, a significant 37% of payments extend to 31-60 days, indicating variability in payment speed rather than consistent adherence to immediate terms. The 16% late payment rate suggests a consistent portion of invoices are paid beyond agreed due dates.
Volatility Analysis
While over half of payments are made within 30 days, the substantial 37% falling into the 31-60 day range introduces moderate unpredictability for supplier cash flow. The 7% of payments exceeding 60 days, coupled with the 16% overall late rate, signifies a tangible risk of extended delays. This payment pattern suggests moderate volatility, requiring suppliers to account for potential payment window extensions.
Summary Analysis
Suppliers can view BABCOCK MARINE (CLYDE) LIMITED as a moderately reliable payer, with most payments occurring within or slightly beyond standard net-30 terms. Key decision factors include the 37% likelihood of payments taking 31-60 days and the 7% chance of payments extending past 60 days. Mitigate risk by factoring in these potential delays when setting credit limits or agreeing to payment terms.
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 2022 - 31 Mar 2023 | 27 Apr 2023 | 24 | 64% | 33% | 3% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 29 Oct 2022 | 29 | 56% | 37% | 7% | 16% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 32 | 55% | 37% | 8% | 21% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 33 | 54% | 37% | 9% | 23% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 34 | 52% | 39% | 9% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 33 | 56% | 33% | 10% | 32% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 29 | 64% | 31% | 6% | 23% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 29 | 67% | 25% | 7% | 26% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 38 | 56% | 33% | 11% | 38% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 37 | 62% | 25% | 14% | 39% |
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
Standard payment terms are generally in the range of 30 to 60 days. Small and micro suppliers are on 30 day terms.
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
60
Dispute Resolution Process
Relationships with our suppliers are important to us and we rely on our suppliers to deliver high quality goods and services in order to meet the needs of our customers. Our purchase contracts specify dispute escalation processes. We commit to treating suppliers fairly, and intend to resolve any identified disputes as quickly as possible. Point of contact details are provided on purchase orders.
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
BABCOCK MARINE (CLYDE) LIMITED is an active private limited company operating within the marine sector. Its name indicates a focus on marine activities, likely encompassing services related to vessels and maritime infrastructure, particularly in the Clyde region.
The company was incorporated on 14 June 2001 under company number SC220243. Its registered office is located at Rosyth Business Park, Rosyth, Dunfermline, Fife, KY11 2YD, establishing its presence in Scotland.
Organisations operating in the UK marine sector typically specialise in a diverse range of services. These commonly include shipbuilding, ship repair and maintenance, marine engineering, and providing comprehensive support services for both naval and commercial vessels. They also frequently undertake complex marine asset management and dockyard operations.
