DOUNREAY SITE RESTORATION LIMITED
Company Information
- Company Number
- SC307493
- Registered Address
- Building D2003, Dounreay, Thurso, Caithness, KW14 7TZ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 August 2006
- Nature of Business
- 99999 - Dormant Company
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
DOUNREAY SITE RESTORATION LIMITED exhibits a very strong trend of prompt payments, with an impressive average payment time of just 13 days. A significant 95% of invoices are consistently settled within 30 days, indicating highly efficient and predictable payment practices. This consistent trajectory suggests a reliable payment partner for suppliers.
Volatility Analysis
Payment reliability for this company is exceptionally high, with only 6% of payments classified as late, and a minimal 1% extending beyond 60 days. This very low incidence of delayed payments signifies minimal volatility and strong predictability in their payment patterns. Suppliers face very low risk of extended payment terms when dealing with DOUNREAY SITE RESTORATION LIMITED.
Summary Analysis
Based on their outstanding payment performance, DOUNREAY SITE RESTORATION LIMITED is highly recommended as a low-risk business partner for suppliers. Key decision factors include their consistent promptness and minimal late payments, ensuring excellent cash flow predictability. No specific risk mitigation strategies beyond standard contractual terms are suggested given their strong payment history.
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 | 25 Apr 2023 | 13 | 96% | 3% | 1% | 6% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 14 | 94% | 5% | 1% | 9% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 13 | 95% | 4% | 1% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 18 | 89% | 8% | 3% | 15% |
| 01 Apr 2020 - 30 Sept 2020 | 22 Oct 2020 | 20 | 86% | 10% | 4% | 19% |
| 01 Apr 2019 - 31 Mar 2020 | 07 May 2020 | 26 | 89% | 9% | 2% | 25% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 26 | 91% | 7% | 2% | 22% |
| 01 Apr 2018 - 30 Sept 2018 | 05 Dec 2018 | 27 | 86% | 11% | 3% | 1% |
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 from invoice date on a correctly rendered invoice
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
30
Dispute Resolution Process
Disputes are resolved with the cooperation of the appropriate project manager and the commercial department. The supplier is contacted for their information, and for their assistance in resolving the dispute. An independent adjudication process is available.
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
DOUNREAY SITE RESTORATION LIMITED is an active Private limited Company. It specialises in the restoration of the Dounreay site.
The company, registered with company number SC307493, was incorporated on 24 August 2006. Its registered office is located in Scotland at Building D2003, Dounreay, Thurso, Caithness, KW14 7TZ.
Companies engaged in site restoration typically provide services such as decommissioning of facilities, demolition of structures, remediation of contaminated land, and environmental clean-up operations. These activities are undertaken to return a site to a safe and environmentally sound condition.
