RICOH EUROPE PLC
Company Information
- Company Number
- 00720944
- Registered Address
- 20 Triton Street, London, NW1 3BF
- Status
- Active
- Employee Count
- 519
- Turnover
- £121,697,000
- EBITDA
- £1,842,000
Additional Details
- Website
- https://ricoh-europe.com/
- Company Type
- Public limited Company
- Incorporated On
- 9 April 1962
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- 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 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 32 | 72% | 21% | 7% | 30% |
| 01 Oct 2024 - 31 Mar 2025 | 23 Apr 2025 | 25 | 82% | 15% | 3% | 24% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 24 | 80% | 17% | 3% | 38% |
| 01 Apr 2023 - 30 Sept 2023 | 18 Oct 2023 | 18 | 89% | 9% | 2% | 35% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 19 | 89% | 8% | 3% | 26% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 25 | 84% | 11% | 5% | 36% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 38 | 34% | 56% | 10% | 83% |
| 01 Apr 2020 - 30 Sept 2020 | 13 Oct 2020 | 43 | 18% | 69% | 13% | 96% |
| 01 Apr 2019 - 30 Sept 2019 | 07 Oct 2019 | 28 | 70% | 21% | 9% | 45% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 30 | 65% | 28% | 7% | 53% |
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
Standard payment terms for Ricoh Europe PLC state that payment of third party invoices for goods or services will be made within 30 days of receipt of a correct, undisputed and properly due VAT invoice, unless otherwise agreed in writing by a duly authorised representative
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
100
Dispute Resolution Process
We endeavour to resolve disputes within the payment terms of the invoice. Disputes are managed by contacting the supplier, to log the dispute. The process is administered by the Accounts Payable Team, in conjunction with the relevant purchaser and the Procurement Team
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
RICOH EUROPE PLC is a leading provider of office solutions, document management systems and IT services in Europe. The company was established in 1984 and is headquartered in London, United Kingdom.
The company offers a wide range of products and services including printers, copiers, projectors, software solutions, and managed document services. They also provide IT services such as cloud solutions, communication services, and security services.
RICOH EUROPE PLC is committed to sustainability and has a strong sustainability program in place. They have set ambitious goals to reduce their environmental impact, including reducing CO2 emissions and promoting sustainable procurement practices. In addition, they have implemented recycling programs for their products and actively participate in community outreach and volunteer initiatives.
The key people of RICOH EUROPE PLC include David Mills, the Executive Vice President and Chief Operating Officer, and Peter Williams, the Executive Vice President and Chief Financial Officer. Both of them have extensive experience in the industry and are committed to driving the company's sustainable growth.
For more information on their products and services, customers can visit their website at https://www.ricoh.co.uk/. The registered office address for RICOH EUROPE PLC is 66 Chiltern Street, London, W1U 4AG, United Kingdom.
