Industry ranking
RS COMPONENTS LIMITED demonstrates a clear trend of extended payment cycles, with an average payment time of 63 days. A significant majority, 51%, of payments consistently exceed 60 days, indicating a standard practice of delayed settlement. This trajectory suggests suppliers should routinely anticipate payments taking at least two months to clear.
Payment reliability is moderate, with only 17% of invoices settled within 30 days and a substantial 51% consistently extending beyond 60 days. The 11% late payment rate introduces an element of unpredictability, posing a moderate risk to a supplier's cash flow planning. This distribution suggests a higher probability of prolonged outstanding invoices rather than prompt payment.
Suppliers should anticipate lengthy payment cycles from RS COMPONENTS LIMITED and factor an average of 63 days into their cash flow projections. Key decision factors include assessing the impact of these delayed payments on working capital and the ability to absorb potential late settlements. Mitigation strategies could involve establishing clear payment terms with potential late fees, or adjusting pricing to account for the extended payment periods.
| 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 Oct 2025 - 31 Mar 2026 | 23 Apr 2026 | 65 | 17% | 29% | 54% | 11% |
| 01 Apr 2025 - 30 Sept 2025 | 20 Oct 2025 | 63 | 16% | 33% | 51% | 6% |
| 01 Oct 2024 - 31 Mar 2025 | 25 Apr 2025 | 63 | 17% | 32% | 51% | 11% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 60 | 18% | 34% | 48% | 13% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 60 | 21% | 31% | 48% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 59 | 22% | 34% | 44% | 11% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 59 | 21% | 36% | 43% | 19% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 60 | 20% | 36% | 44% | 17% |
| 01 Oct 2021 - 31 Mar 2022 | 22 Apr 2022 | 60 | 21% | 34% | 45% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 59 | 20% | 34% | 46% | 35% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 58 | 19% | 38% | 43% | 30% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 57 | 19% | 39% | 42% | 34% |
| 01 Sept 2019 - 31 Mar 2020 | 30 Apr 2020 | 56 | 20% | 42% | 38% | 27% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 57 | 20% | 42% | 38% | 25% |
| 01 Oct 2018 - 30 Apr 2019 | 30 Apr 2019 | 57 | 18% | 42% | 40% | 29% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 39 | 34% | 37% | 29% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 Days EOM from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
i. 96% of invoices due in period were paid before, on, or within 7 days of due date.
Maximum contractual payment period agreed
180
The first point of contact for disputes is Accounts Payable’s Query Resolution team. They may involve other relevant parties as necessary such as RS Group purchasing department or the Supplier’s credit control department. The RS Accounts Payable Query Resolution team is accessible via the accounts.payable@rs.rsgroup.com email address.
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
RS Components Limited is registered as a wholesaler of electronic and telecommunications equipment and parts, according to its official business classification. The available evidence includes documentation for DesignSpark.Pmod, a software library published under an RS Components Ltd copyright notice, supporting the use of Pmod add-on modules with Raspberry Pi hardware via a dedicated HAT board. This indicates the company supports its component distribution business with supplementary software tools and technical documentation for engineers and developers. No further detail on trading operations, scale or customer base is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: designspark-pmod.readthedocs.io