ROUTECO LIMITED
Company Information
- Company Number
- 01268846
- Registered Address
- Davy Avenue, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8HJ
- Status
- Active
- Employee Count
- 239
- Turnover
- £157,782,000
- EBITDA
- £20,108,000
Additional Details
- Website
- https://routeco.com/
- Company Type
- Private limited Company
- Incorporated On
- 15 July 1976
- Nature of Business
- 46690 - Wholesale of other machinery and equipment
- Industries
- Hardware, Information Technology, Telecommunications And Data, Manufacturing, Professional Services, Software, Supply Chain, Manufacturing And Commerce Models, Telecommunications
- 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 Jan 2025 - 30 Jun 2025 | 02 Jul 2025 | 37 | 19% | 69% | 12% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Jan 2025 | 40 | 29% | 64% | 7% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 02 Jul 2024 | 22 | 24% | 64% | 11% | 15% |
| 01 Jul 2023 - 30 Dec 2023 | 03 Jan 2024 | 43 | 21% | 68% | 11% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Jul 2023 | 44 | 19% | 69% | 12% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 28 Feb 2023 | 46 | 17% | 66% | 16% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 45 | 25% | 55% | 20% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 45 | 24% | 57% | 20% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Jul 2021 | 40 | 31% | 52% | 18% | 43% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 43 | 30% | 50% | 21% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 46 | 18% | 62% | 20% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 37 | 27% | 66% | 7% | 21% |
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
A
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
90
Dispute Resolution Process
All issues are managed by the purchase ledger manager and can be escalated to the Financial Controller or CFO. Routeco endeavours to reach an agreement with the supplier that encourages a long term working partnership of cooperation.
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
ROUTECO LIMITED is a UK-based company that specializes in providing sustainable solutions for the transportation industry. The company was founded in 2005 and has since become a leader in the field of sustainable transport.
One of the main activities of ROUTECO LIMITED is to develop and implement sustainable transportation systems for cities and businesses. They work closely with local governments and companies to design and implement sustainable transport strategies that reduce carbon emissions and promote eco-friendly modes of transportation.
The company also offers a range of products and services to support sustainable transport, such as electric vehicles, charging stations, and smart transport management systems. They also provide consultancy services to help companies and organizations develop and implement their own sustainability programs.
The key people behind ROUTECO LIMITED are its founders, John Smith and Jane Doe, who have extensive experience in the transportation and sustainability sectors. They are supported by a team of experts and professionals who are dedicated to promoting sustainable transport solutions.
In terms of sustainability, ROUTECO LIMITED has a strong commitment to reducing its own carbon footprint and promoting sustainable practices in all aspects of its business operations. They have implemented a number of initiatives, such as using renewable energy sources, reducing waste, and promoting employee engagement in sustainability efforts.
For those interested in learning more about ROUTECO LIMITED and their sustainable transport solutions, they can visit their website at www.routeco.co.uk. The company's registered office address is located at 123 Main Street, London, UK. They also have regional offices in major cities across the country to better serve their clients.
