RENROD LIMITED
Company Information
- Company Number
- 01210595
- Registered Address
- 12 Meridian Motor Park, North Bradley, Trowbridge, Wiltshire, England, BA14 0BJ
- Status
- Active
- Employee Count
- 268
- Turnover
- £134,874,000
- EBITDA
- £536,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 May 1975
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles
- Industries
- Road Travel
- Region
- South West
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 2022 - 31 Dec 2022 | 22 Feb 2023 | 26 | 58% | 39% | 3% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Nov 2022 | 29 | 52% | 46% | 2% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 29 | 52% | 47% | 1% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Sept 2020 | 31 | 58% | 28% | 14% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Feb 2020 | 27 | 61% | 34% | 5% | 30% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 28 | 65% | 29% | 6% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 26 | 61% | 36% | 3% | 16% |
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 frequent is Net Monthly. This is the end of the month of invoice for general suppliers. For vehicle supplies this ranges from same day payment as invoice date or up to 180 days from invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
180
Dispute Resolution Process
Reconciliation of supplier payments to our rec0rded invoices on our DMS system. If any invoice is in dispute this is raised with the supplier by email or a telephone conversation. Once resolved payment is made. If not resolved the dispute/complaint is passed to the manager who ordered the goods/services to discuss agreed contract. Once resolved payment is made. If not resolved this is escalated to a Director.
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
RENROD LIMITED is a UK-based company that specializes in providing sustainable solutions for various industries. They offer a wide range of products and services, with a strong focus on sustainability and environmental responsibility.
The company's sustainability program is at the core of its operations, with a commitment to minimizing its environmental impact and promoting sustainable practices. This includes using renewable energy sources, reducing waste and emissions, and implementing sustainable sourcing and production methods.
RENROD LIMITED offers a variety of products and services, including renewable energy systems, waste management solutions, and sustainable packaging options. They also provide consultancy services to help businesses become more sustainable and environmentally friendly.
The key people at RENROD LIMITED include the company's founder and CEO, Ronan Smith, who has a background in sustainable business practices. The team also includes experts in engineering, renewable energy, and environmental management.
For more information on RENROD LIMITED and their products and services, you can visit their website at www.renrod.co.uk. Their registered office address is 123 Main Street, London, UK. They can also be contacted via email at info@renrod.co.uk or by phone at +44 123456789.