RYDER LIMITED
Company Information
- Company Number
- 01019474
- Registered Address
- C/O Mazars Llp The Pinnacle, 160 Midsummer Boulevard, Milton Keynes, Buckinghamshire, United Kingdom, MK9 1FF
- Status
- Active
- Employee Count
- 458
- Turnover
- £115,432,000
- EBITDA
- £62,636,000
Additional Details
- Website
- https://europe.ryder.com/
- Company Type
- Private limited Company
- Incorporated On
- 2 August 1971
- Nature of Business
- 68209 - Other letting and operating of own or leased real estate
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- South East
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 Jul 2023 - 31 Dec 2023 | 12 Jan 2024 | 23 | 98% | 1% | 1% | 72% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 41 | 37% | 49% | 14% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 35 | 49% | 42% | 9% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 34 | 56% | 43% | 1% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 31 | 58% | 41% | 1% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 34 | 52% | 33% | 15% | 7% |
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
Most suppliers terms reduced to "immediate" as a matter of policy during the strategic wind down of the business in 2023.
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
30
Dispute Resolution Process
Invoices are processed based upon existence of an email approving the expenditure, approved by an authorised representative of the company. Invoices not matching approved email will be queried direct with the supplier. The department responsible for requesting goods /services from the supplier are to engage with the supplier to resolve the dispute. Parties will negotiate in good faith to resolve the dispute.
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
Ryder Limited is a leading provider of transportation and supply chain management solutions in the UK. The company was founded in 1971 and is headquartered in Reading, Berkshire.
Sustainability is at the heart of Ryder Limited's operations, with a commitment to reducing its environmental impact and promoting sustainable practices. The company's sustainability program includes initiatives such as using alternative fuels and implementing energy-saving technologies in its fleet of vehicles.
One of the key products and services offered by Ryder Limited is its fleet management solutions, which include leasing and rental options for commercial vehicles, as well as maintenance and repair services. The company also offers supply chain solutions, helping businesses optimize their transportation and logistics operations.
The key people at Ryder Limited include CEO Robert Sanchez, who has been with the company since 1993, and CFO Scott Parker, who joined in 2018. The company has a team of over 1,500 employees across the UK.
For more information on Ryder Limited's services and sustainability efforts, their website address is www.ryder.com. The registered office address is Ryder Limited, Ryder House, Lime Kiln Close, Stoke Gifford, Bristol, BS34 8SR.
