RENTOKIL INITIAL 1927 PLC
Company Information
- Company Number
- 00224814
- Registered Address
- Compass House, Manor Royal, Crawley, West Sussex, United Kingdom, RH10 9PY
- Status
- Active
- Employee Count
- 466
- Turnover
- £0
- EBITDA
- £30,800,000
Additional Details
- Website
- https://initial.co.za/
- Company Type
- Public limited Company
- Incorporated On
- 1 October 1927
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified96090 - Other service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 Jan 2025 - 30 Jun 2025 | 04 Aug 2025 | 22 | 53% | 39% | 8% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 27 | 44% | 48% | 8% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 25 | 42% | 50% | 8% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 26 | 51% | 42% | 7% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 21 | 52% | 41% | 7% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 26 | 45% | 45% | 10% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 27 | 46% | 31% | 23% | 30% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 23 | 53% | 34% | 13% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 23 | 55% | 31% | 14% | 30% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 28 | 69% | 29% | 2% | 34% |
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
Our standard payment terms are 60 days from the date of invoice. Companies with less than 50 employees are on 30 days from the date of invoice in line with The Prompt Payment Code.
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
In general Rentokil Initial 1927 Plc adopt a no PO no pay policy and invoices received without such would be forwarded to the requestor of the goods/services to obtain a PO number. If the requestor’s name is not available, the invoice is returned to the supplier within one day from the date of receipt. The invoice would be returned to the contact residing on the vendor card on our system or alternatively the invoice would be checked for method of receipt (post/email) to identify an email address for return. If this cannot be obtained a phone call to the credit control department would be made to establish these details and a system update would be actioned as necessary. Suppliers will be directed to their service user to obtain a PO if this is not in place/on the invoice and a request made that the amended invoice is re-submitted (confirming our email address) clearly showing the PO that they have obtained, managing the supplier expectation at this point. Email queries will be replied to generally within 24 hours of receipt. All invoices unless posted directly to the GL (authorised with approved signature by verifying against our authority matrix) must navigate the three-way match (approved PO, matching invoice & receipt). Invoices that are not in this state (but have a PO that can be identified as valid in our system) will be chased weekly with the business to approve any exceptions regarding price/receipt that may exist. Queries regarding unpaid invoices will be checked to ensure suppliers are sending their documents to the correct place (as we are a Shared Service Centre) for current queries and for future document/communication flow.
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
RENTOKIL INITIAL 1927 PLC is a British multinational company that provides a wide range of services in the environmental and hygiene sectors
Founded in 1927, the company is headquartered in Surrey, England.\n\nThe company's activities include pest control, hygiene services, and workwear services
Their sustainability program, called "The Better Tomorrow Plan," aims to reduce their environmental impact and create a sustainable future
This includes initiatives such as reducing carbon emissions, promoting responsible waste management, and increasing the use of sustainable materials.\n\nOne of their key products is the Rentokil pest control service, which provides effective and environmentally-friendly solutions for pest problems
They also offer a range of hygiene services, such as washroom and restroom hygiene, to maintain a clean and healthy environment
In addition, their workwear services provide high-quality, sustainable uniforms and protective clothing.\n\nThe key people at RENTOKIL INITIAL 1927 PLC include Andy Ransom, the CEO, and Daragh Fagan, the Chief Financial Officer
The company has over 36,000 employees worldwide, who are dedicated to providing high-quality services and promoting sustainability.\n\nContact information for RENTOKIL INITIAL 1927 PLC can be found on their website, www.rentokil-initial.com
Their registered office address is Riverbank, Meadows Business Park, Blackwater, Camberley, Surrey, GU17 9AB, United Kingdom
