Industry ranking
| 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 | 69 | 14% | 53% | 33% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 59 | 17% | 50% | 33% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 60 | 17% | 50% | 33% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 55 | 25% | 40% | 35% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 59 | 22% | 47% | 30% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 65 | 23% | 49% | 28% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 62 | 14% | 53% | 33% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 10 Aug 2018 | 67 | 9% | 51% | 39% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days from the date of receiving the invoice. Specific payment terms outside the standard terms are agreed with some suppliers on a case-by-case basis, provided that they are not grossly unfair.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
For the purposes of this reporting, where a supplier has opted for the Supply Chain Financing Program, the payment date reported is the date on which we pay the finance provider, rather than the earlier date on which the finance provider pays the supplier.
Maximum contractual payment period agreed
180
Disputes are resolved in line with our standard terms and conditions, or specific contractual terms agreed.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Reading Scientific Services Limited, trading as RSSL, is a scientific research and testing organisation based in the UK. It provides analytical testing, research, product development and consultancy services across life sciences and pharmaceuticals, including biologics, cell and gene therapy testing, pharmacopeial testing, stability studies and microbiology testing, as well as services for food and consumer goods such as nutritional testing, ingredient research and food safety analysis. The company also delivers training and consultancy, covering areas such as good manufacturing practice, auditing and regulatory affairs, and has partnered with other organisations to support pharmaceutical and biotech drug development. It has been operating for many decades, having been incorporated in 1962.
Generated from the company's website and Companies House records. Sources: rssl.com · rssl.com