RYDON CONSTRUCTION LIMITED
Company Information
- Company Number
- 01292680
- Registered Address
- Luxford Place, Lower Road, Forest Row, East Sussex, England, RH18 5HE
- Status
- Active
- Employee Count
- 0
- Turnover
- £2,991,000
- EBITDA
- -£3,676,000
Additional Details
- Website
- https://rydon.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 29 December 1976
- Nature of Business
- 41100 - Development of building projects
- Industries
- Property, Infrastructure And Construction
- 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 Apr 2021 - 30 Sept 2021 | 09 Nov 2021 | 27 | 69% | 23% | 8% | 18% |
| 01 Oct 2020 - 31 Mar 2021 | 20 Apr 2021 | 36 | 43% | 46% | 10% | 24% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 31 | 53% | 44% | 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
Standard Terms
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
60
Dispute Resolution Process
The Main point of contact for disputes in relation to good & services is the Rydon Finance Operations team. When an invoice is disputed, the supplier is contacted verbally and / or by email giving reason why the invoice is in dispute. To resolve a dispute, the supplier is required to provide any missing information or a credit note. The main point of contact for disputes with subcontractors is the commercial team. When a self-billing application is disputed, the commercial team contacts the subcontractor and issues a payless notice to the subcontractor once it’s been agreed. If there is a dispute with a subcontractors invoice then the commercial team will request a credit note.
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
RYDON CONSTRUCTION LIMITED is a leading construction company in the UK, with over 45 years of experience in the industry. The company offers a wide range of services in the construction sector, including new build, refurbishment, and maintenance projects.
One of the key focuses of RYDON CONSTRUCTION LIMITED is sustainability, and the company has a strong commitment to environmental responsibility. They have implemented various initiatives to reduce their carbon footprint, such as using sustainable materials and promoting energy efficiency in their projects.
The company also offers a range of sustainable products and services, such as green roofs, solar panels, and rainwater harvesting systems. These products not only benefit the environment but also help clients save on energy costs in the long term.
At the helm of RYDON CONSTRUCTION LIMITED is a team of experienced and dedicated professionals, including the CEO, Robert Bond, and the Managing Director, Steve Pitt. Their expertise and leadership have been instrumental in the company's success and growth.
For more information about RYDON CONSTRUCTION LIMITED and their services, interested parties can visit their website at www.rydon.co.uk. The company's registered office address is at Rydon House, Station Road, Forest Row, East Sussex, RH18 5DW.
