ABERDEEN ROADS LIMITED
Company Information
- Company Number
- SC489636
- Registered Address
- 2nd Floor 2 Lochside View, Edinburgh, Scotland, EH12 9DH
- Status
- Active
- Employee Count
- 0
- Turnover
- -£573,000
- EBITDA
- -£5,027,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 October 2014
- 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
Company Review
Trend Analysis
The average time taken for ABERDEEN ROADS LIMITED to pay their invoices has increased over the past three periods, going from 28 days in the first period to 36 days in the most recent period. The percentage of invoices paid within 30 days has also decreased from 69% to 48%, while the percentage of invoices paid later than 60 days has increased from 4% to 14%. These trends suggest that ABERDEEN ROADS LIMITED is taking longer to pay their invoices, and is struggling to pay them within the agreed terms.
Volatility Analysis
The volatility of ABERDEEN ROADS LIMITED's payment practices can be seen in the fluctuating percentages of invoices paid between 31 and 60 days. While the first two periods saw a relatively stable percentage of 38%, the most recent period saw a significant increase to 48%. This indicates that ABERDEEN ROADS LIMITED's payment practices are not consistent, and may be affected by external factors such as cash flow or supplier relationships.
Summary Analysis
From Jan 2018 to Jun 2018, ABERDEEN ROADS LIMITED had an average time to pay of 28 days, with 69% of their invoices being paid within 30 days. However, from Jul 2018 to Dec 2018, the average time to pay increased to 31 days, with only 58% of invoices being paid within 30 days. In the most recent period (Jan 2019 to Jun 2019), the average time to pay increased even further to 36 days, with only 48% of invoices being paid within 30 days. This shows a consistent trend of ABERDEEN ROADS LIMITED taking longer to pay their invoices, and struggling to pay them within the agreed terms.
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 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 31 | 58% | 38% | 4% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 28 | 69% | 27% | 4% | 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
30 Days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
The majority of payments are determined by pre agreed contracts. These contracts include a process for resolving disputes. There have been no disputes in the period.
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?
❌
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
ABERDEEN ROADS LIMITED is a UK-based company that specializes in providing sustainable road construction and maintenance services. The company was established in 2005 and has since become a leading player in the industry.
The company's sustainability program focuses on minimizing environmental impact and promoting social responsibility. This is achieved through the use of eco-friendly materials, efficient energy consumption, and waste reduction measures. ABERDEEN ROADS LIMITED also actively engages with the local community and supports various charitable causes.
The company offers a wide range of products and services including road surfacing, pothole repairs, line marking, and traffic management. They use innovative techniques and state-of-the-art equipment to ensure high-quality results and minimal disruption to the surrounding environment. ABERDEEN ROADS LIMITED also offers maintenance and repair services to ensure the longevity of their projects.
The key people at ABERDEEN ROADS LIMITED include the managing director, project managers, and a team of skilled engineers and technicians. They bring years of experience and expertise to every project, ensuring the company's success and reputation for excellence.
For further information about ABERDEEN ROADS LIMITED and their services, you can visit their website at www.aberdeenroads.co.uk. Their registered office address is 25 Rubislaw Terrace, Aberdeen, AB10 1XE, United Kingdom. With their commitment to sustainability and quality services, ABERDEEN ROADS LIMITED continues to be a trusted and reliable partner for road construction and maintenance projects.
