SCOT ROADS PARTNERSHIP PROJECT LTD
Company Information
- Company Number
- SC465816
- Registered Address
- 1e, Willow House, Kestrel View, Strathclyde Business Park, Bellshill, Scotland, ML4 3PB
- Status
- Active
- Employee Count
- 0
- Turnover
- £15,180,000
- EBITDA
- £917,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 December 2013
- Nature of Business
- 42110 - Construction of roads and motorways
- Industries
- Property,Infrastructure And Construction,Travel And Transportation
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score 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 2023 - 31 Mar 2024 | 26 Apr 2024 | 17 | 98% | 2% | 0% | 2% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 20 | 90% | 9% | 1% | 6% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 26 | 84% | 13% | 3% | 16% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 25 | 83% | 16% | 1% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 23 | 82% | 18% | 0% | 15% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 31 | 59% | 38% | 3% | 30% |
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
All key contract suppliers are required to issue invoices at the end of each month, therefore allowing payment terms of 31 days as standard for standard contract activity. All other activity is paid at the first available payment run after receipt, processing and approval of the invoices.
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
31
Dispute Resolution Process
In accordance with good payment practises SRP aims to validate all invoices in a timely manner with any discrepancies or queries being referred back to the supplier or subcontractor for resolution or invoice correction accordingly.
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
SCOT ROADS PARTNERSHIP PROJECT LTD is an infrastructure company based in Scotland that works towards building and maintaining sustainable roads. They have a strong focus on sustainability and environmental responsibility in all their activities.
The company offers a range of services including road construction, maintenance and repair, as well as traffic management and safety solutions. They also provide consultancy services for road design and planning.
As part of their commitment to sustainability, SCOT ROADS PARTNERSHIP PROJECT LTD has implemented a number of initiatives. These include using environmentally friendly materials in their road construction projects, reducing carbon emissions through efficient transportation methods, and promoting recycling and waste reduction practices.
The key people involved in the company include the managing director, project managers, and a team of engineers and specialists. They work together to ensure the successful delivery of projects and the implementation of sustainable practices.
The company's registered office address is located in Glasgow, Scotland and their website address is www.scotroadspartnership.co.uk. They can also be contacted through their email address and phone number listed on their website.
In summary, SCOT ROADS PARTNERSHIP PROJECT LTD is a sustainable infrastructure company that offers a range of services and products in the road construction and maintenance industry. With a strong focus on environmental responsibility and a dedicated team, they aim to create and maintain sustainable roads for the benefit of the community.
