RIO TINTO LONDON LIMITED
Company Information
- Company Number
- 00460473
- Registered Address
- 6 St James's Square, London, United Kingdom, SW1Y 4AD
- Status
- Active
- Employee Count
- 296
- Turnover
- £254,887,000
- EBITDA
- £22,189,000
Additional Details
- Website
- https://riotinto.com
- Company Type
- Private limited Company
- Incorporated On
- 26 October 1948
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- London
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 Jan 2025 - 30 Jun 2025 | 18 Jul 2025 | 30 | 89% | 7% | 4% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 30 | 87% | 9% | 4% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 37 | 77% | 13% | 10% | 23% |
| 01 Jul 2023 - 31 Dec 2023 | 16 Jan 2024 | 31 | 84% | 10% | 6% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 33 | 83% | 11% | 6% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 33 | 86% | 8% | 6% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 32 | 85% | 10% | 5% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 32 | 86% | 8% | 6% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 33 | 58% | 37% | 5% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 39 | 47% | 48% | 5% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 38 | 51% | 44% | 5% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 36 | 73% | 21% | 6% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 37 | 67% | 21% | 12% | 15% |
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
Rio Tinto has in place standard payment terms of “Within 30 days Due net” from receipt of a valid invoice for external suppliers who supply Rio Tinto’s businesses in the UK. Rio Tinto has differing payment terms in other jurisdictions and for other circumstances. Intercompany payments are assigned individual terms.
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
75
Dispute Resolution Process
Any disputes relating to payment are initially directed to the Accounts Payable Service desk for resolution. Typical response time of the Accounts Payable Service Desk is within 48 hours. Where the dispute cannot be resolved by the Accounts Payable Service Desk, the concern can be escalated through to the Sourcing Category Owner for assistance in resolution. The Accounts Payable Service Desk & invoice submission contact details are found on the Purchase Order distributed to the supplier.
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
RIO TINTO LONDON LIMITED is a multinational metals and mining corporation headquartered in London, United Kingdom. The company has a strong commitment to sustainability and operates in a responsible and ethical manner.
The company's sustainability program focuses on reducing its environmental impact, promoting social and economic development in the communities where it operates, and upholding high standards of governance. This includes implementing renewable energy sources, reducing greenhouse gas emissions, and promoting biodiversity conservation.
RIO TINTO LONDON LIMITED offers a range of products and services in the mining and metals industry. These include aluminium, copper, iron ore, diamonds, and industrial minerals. The company also provides exploration, development, and production services.
Some key people at RIO TINTO LONDON LIMITED include Chairman Simon Thompson, CEO Jean-Sébastien Jacques, and CFO Jakob Stausholm. They are supported by a team of experienced professionals who are dedicated to driving the company's success and sustainability initiatives.
To contact RIO TINTO LONDON LIMITED, individuals can visit their website at www.riotinto.com or reach out to their registered office at 6 St James's Square, London SW1Y 4AD, United Kingdom. The company also has a global presence with operations in over 35 countries and can be reached through their local offices.
