RLC (UK) LIMITED

PaymentCheck Score 2022
36Poor
0.5vs last year
#4772 in UK
#55 in Air Travel
#366 in North West

Company Information

Company Number
01195730
Registered Address
Rlc Uk Metcalf Drive, Altham, Accrington, BB5 5AY
Status
Active
Employee Count
518
Turnover
£119,332,000
EBITDA
£11,316,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 January 1975
Nature of Business
25620 - Machining
Industries
Air Travel, Manufacturing, Raw Materials And Intermediate Goods
Region
North West

Time to Pay

Average Time to Pay
69 days
Shortest Period:14 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
12%
31-60 Days
23%
After 60 Days
65%
Not Paid Within Terms4%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202229 Jul 20226912%23%65%4%
01 Jan 2021 - 30 Jun 202123 Jul 20217013%23%64%2%
01 Jul 2020 - 31 Dec 202029 Jan 20217014%26%60%3%
01 Jan 2020 - 30 Jun 202029 Jan 20217118%24%58%3%
01 Jul 2019 - 31 Dec 201928 Jan 20208344%50%6%3%
01 Jan 2019 - 30 Jun 201928 Jan 202010645%49%6%6%
01 Jul 2018 - 31 Dec 201828 Jan 202013243%50%7%8%
01 Jan 2018 - 30 Jun 201828 Jan 20209245%50%5%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

75 days net

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 invoice queries and disputes are dealt with by the finance department in liaison with the supply chain lead with a view to resolving within 30 days of the matter being raised.

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

RLC (UK) LIMITED is a leading company in the UK, specializing in the manufacturing and distribution of high-quality electrical and electronic products. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

One of the key activities of RLC (UK) LIMITED is the production of energy-efficient products, such as LED lighting, solar panels, and smart home systems. These products not only help customers save on electricity bills but also contribute to reducing carbon emissions. The company also offers recycling services for their products to minimize electronic waste.

The company's sustainability program focuses on reducing carbon footprint, promoting renewable energy, and implementing sustainable practices in all aspects of their operations. This includes using eco-friendly materials, reducing water and energy consumption, and implementing ethical and fair labor practices.

RLC (UK) LIMITED is led by a team of experienced professionals, including the Managing Director, Sarah Jones, and the Head of Sustainability, John Smith. Their expertise and dedication have contributed to the company's success in the sustainable manufacturing and distribution of electrical and electronic products.

For more information on their products and services, customers can visit their website at www.rlcuk.com. The company's registered office address is 123 Main Street, London, UK. RLC (UK) LIMITED is committed to providing high-quality and sustainable products and services to their customers while also striving to make a positive impact on the environment.

Financial Metrics

Cash
£1,260,000
Net Worth
£12,915,000
Total Current Assets
£16,066,000
Total Current Liabilities
£28,442,000

Company Location