BUREAU VERITAS SOLUTIONS MARINE & OFFSHORE LIMITED

PaymentCheck Score 2025
62Fair
13.1vs last year
#2941 in UK
#296 in Property
#135 in Scotland

Company Information

Company Number
SC380777
Registered Address
13 Queen's Road, Aberdeen, United Kingdom, AB15 4YL
Status
Active
Employee Count
26
Turnover
£4,309,148
EBITDA
£1,216,106

Additional Details

Company Type
Private limited Company
Incorporated On
21 June 2010
Nature of Business
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Property,Infrastructure And Construction,Travel And Transportation
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
77%
31-60 Days
11%
After 60 Days
11%
Not Paid Within Terms11%

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: 2024-07-31
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 202529 Jul 20255460%18%22%22%
01 Jul 2024 - 31 Dec 202431 Jan 20254776%15%9%9%
01 Jul 2023 - 31 Dec 202331 Jan 20245268%16%16%16%
01 Jul 2022 - 31 Dec 202206 Feb 20234367%16%17%17%
01 Jan 2022 - 30 Jun 202205 Aug 20225066%20%14%14%
01 Jul 2021 - 31 Dec 202117 Jan 20224574%16%10%10%
01 Jan 2021 - 30 Jun 202130 Jul 202114562%7%31%60%
01 Jul 2020 - 31 Dec 202009 Feb 20217949%19%32%32%
01 Jan 2020 - 30 Jun 202030 Jul 2020244%57%39%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 Terms and Conditions are 60 days from date of 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

60

Dispute Resolution Process

Disputed invoices are queried between the purchaser and the supplier in the first instance. If the purchaser cannot get to a resolution the query is escalated to the accounts payable team to resolve. Invoices are not approved for payment until the query is resolved.

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

BUREAU VERITAS SOLUTIONS MARINE & OFFSHORE LIMITED is a global company that provides inspection, testing, certification, and technical consultancy services for the marine and offshore industries. They have a strong focus on sustainability and offer a wide range of products and services to promote environmentally friendly practices in these industries.

Their sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy sources, and implementing sustainable practices in their operations. They also provide training and support to help their clients achieve sustainable goals.

The company's key people include Didier Michaud-Daniel, the Chief Executive Officer, and Philippe Donche-Gay, the President of Marine & Offshore. They both have extensive experience in the industry and are committed to driving the company's sustainability efforts.

BUREAU VERITAS SOLUTIONS MARINE & OFFSHORE LIMITED's products and services include classification and certification of ships and offshore structures, risk management and compliance services, and technical consultancy for complex projects. They also offer digital solutions to help their clients optimize their operations and reduce environmental impact.

The company's website is www.bureauveritas.com and their registered office address is Bureau Veritas Solutions Marine & Offshore Limited, 5 New Street Square, London, EC4A 3TW, United Kingdom.

Financial Metrics

Cash
£10,609
Net Worth
£2,300,113
Total Current Assets
£1,704,897
Total Current Liabilities
£8,831,516

Company Location