ORION ENGINEERING SERVICES LIMITED
Company number: SC098014
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
29 July 2025
Approved by:
Ross MacRae
Payment statistics
Average time taken to pay invoices: 9 days
Total value paid:
- within 30 days: £63,416,961 (97%)
- in 31 to 60 days: £1,622,480 (2%)
- in 61 days or more: £32,002 (< 1%)
Invoices paid:
- within 30 days: 97%
- in 31 to 60 days: 3%
- in 61 days or more: 0%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £2,265,188
- payments due in the reporting period which have not been paid within the agreed period: 5%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
30 days
Standard payment terms
In general the company’s suppliers can be split into 2main categories of qualifying contracts - agencycontractors and trade suppliers. Standard paymentterms are 7 days for agency contractors and 30 daysfor trade suppliers.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
N/A
Any other information about payment terms
N/A
Dispute resolution process
Any complaints or concerns will be initiallyconsidered by the Accounts Payable department. Inthe case of a dispute this will be referred to thedepartment who ordered and received the goods orservices and if an initial resolution is not achieved itwill be escalated to the appropriate level of companymanagement. The outcome of the internalinvestigation will be provided to the supplier as soonas the investigation is complete. We aim to resolveall disputes as soon as possible.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No