KOOLTECH LIMITED
Company Information
- Company Number
- SC293806
- Registered Address
- Strathaird 12 Mossland Road, Hillington Park, Glasgow, United Kingdom, G52 4XZ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 November 2005
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
KOOLTECH LIMITED exhibits a strong trend towards very extended payment cycles, with an average payment time of 62 days. A dominant 87% of payments consistently exceed 60 days, indicating a deeply embedded pattern of prolonged payment terms rather than occasional delays. Only a negligible 3% of invoices are settled within 30 days, reinforcing this trajectory of slow payment behavior.
Volatility Analysis
The payment reliability of KOOLTECH LIMITED is low, characterized by a significant 87% of payments taking over 60 days. This pattern, coupled with a 21% late payment rate, indicates high unpredictability regarding when an invoice will be settled. Suppliers face substantial risk of consistent and significant payment delays, making accurate cash flow forecasting challenging.
Summary Analysis
Given the average 62-day payment cycle and 87% of payments exceeding 60 days, supplying KOOLTECH LIMITED presents a high payment risk under standard terms. Suppliers should anticipate substantial delays and potential working capital strain due to the company's established payment behavior. Mitigation strategies, such as requiring upfront deposits, negotiating shorter specific payment terms, or factoring invoices, are strongly recommended.
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 Feb 2025 - 31 Jul 2025 | 27 Aug 2025 | 62 | 3% | 10% | 87% | 21% |
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
Kooltech does not have standard payment terms. Specific payment terms are agreed with each supplier. Kooltech does not change payment terms without the prior agreement of its suppliers
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Kooltech does not have standard payment terms. Specific payment terms are agreed with each supplier. Kooltech does not change payment terms without the prior agreement of its suppliers
Maximum contractual payment period agreed
90
Dispute Resolution Process
Invoice disputes are managed by the Accounts Payable team - contact details below. A monthly report of disputed invoices is available to suppliers, please contact the Accounts Payable team to receive this report. Accounts Payable contact details: - Telephone 0345 034 4180
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
Company Summary
KOOLTECH LIMITED is an active private limited company whose name indicates a specialisation in cooling technology or related services
As a private limited company, it operates as an independent business entity within the United Kingdom
The company was incorporated on 29 November 2005 and operates under company number SC293806
Its registered office is located at Strathaird 12 Mossland Road, Hillington Park, Glasgow, United Kingdom, G52 4XZ
Companies of this type, specialising in cooling technology, typically provide services such as the supply, installation, and maintenance of air conditioning, refrigeration, and ventilation systems
They commonly offer climate control solutions for commercial, industrial, and public sector clients across the UK market
