CLYDE UNION LIMITED

PaymentCheck Score 2025
34Poor
2.3vs last year
#4280 in UK
#136 in Manufacturing
#198 in Scotland

Company Information

Company Number
SC317760
Registered Address
149 Newlands Road, Cathcart, Glasgow, G44 4EX
Status
Active
Employee Count
302
Turnover
£64,330,000
EBITDA
£5,726,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 March 2007
Nature of Business
28131 - Manufacture of pumps
Industries
Manufacturing
Region
Scotland

Time to Pay

Average Time to Pay
75 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
10%
31-60 Days
61%
After 60 Days
29%
Not Paid Within Terms46%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-08-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202503 Jul 20256011%63%26%47%
01 Jul 2024 - 31 Dec 202414 Feb 20256610%67%23%23%
01 Jul 2023 - 31 Dec 202323 Jan 20247516%56%28%45%
01 Jan 2023 - 30 Jun 202306 Jul 20237016%69%15%30%
01 Jul 2022 - 31 Dec 202224 Jan 20236718%64%19%33%
01 Jan 2022 - 30 Jun 202209 Aug 20226418%64%19%27%
01 Jul 2021 - 31 Dec 202121 Feb 20227419%63%18%29%
01 Jan 2021 - 03 Jul 202102 Sept 20216618%64%19%26%
01 Jul 2020 - 31 Dec 202015 Feb 20216118%58%24%24%
01 Jun 2018 - 31 Dec 201831 Jan 20195124%31%45%44%
01 Jan 2018 - 30 Jun 201809 Nov 20185120%34%46%64%

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 in the reporting period are 60 days from invoice date. In the case of large project contracts, timings of stage payments are agreed up front.

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

90

Dispute Resolution Process

Supplier payment issues that arise in the first instance are addressed by a dedicated Accounts Payable queries team within the Financial Shared Services centre. Depending on the issue, the Procurement team may be involved to resolve any disputes or issues.

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

Clyde Union Limited is a global engineering company that specializes in the design, manufacture, and distribution of pumps and pumping systems for various industries. They have a strong focus on sustainability and strive to reduce their environmental impact through their products and operations.

The company was founded in 1999 and is headquartered in Glasgow, Scotland. They have a global presence with offices and manufacturing facilities in Europe, Asia, and the Americas. Their registered office address is Clyde Union Pumps Ltd, Cathcart Business Park, Spean Street, Glasgow, G44 4BE, Scotland.

Clyde Union's sustainability program is centered around three key areas: energy efficiency, water conservation, and waste reduction. They have developed innovative products, such as their CUP-O-MATIC pump, which helps companies save on energy costs and reduce their carbon footprint. They also offer services, such as pump audits and efficiency testing, to help their customers optimize their pumping systems.

The company's key people include their CEO, Peter Webster, and their Executive Vice President, Marko Tomic. Both have extensive experience in the engineering industry and are committed to driving sustainable growth for the company.

Clyde Union's products and services are used in a wide range of industries, including oil and gas, power generation, water and wastewater, and industrial processes. They offer a comprehensive range of pumps, from small-scale units to large-scale industrial pumps, and also provide aftermarket services and support.

In addition to their sustainability efforts, Clyde Union is also committed to health and safety, quality, and ethical business practices. They have received various certifications, including ISO 14001 for environmental management and OHSAS 18001 for occupational health and safety.

Overall, Clyde Union Limited is a reputable and innovative company that prioritizes sustainability, quality, and ethical practices. Their commitment to providing efficient and reliable pumping solutions has made them a trusted partner for many industries. For more information, visit their website at www.clydeunion.com.

Financial Metrics

Cash
£3,999,000
Net Worth
£3,102,000
Total Current Assets
£38,935,000
Total Current Liabilities
£48,461,000

Company Location