| 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 2018 - 31 Dec 2018 | 30 Jan 2019 | 35 | 57% | 37% | 6% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 31 | 65% | 32% | 3% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from receipt of invoice
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
A complaint or concern will be considered by the office or project manager and then escalated to the finance director if there is no resolution in the first instance.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
RPS Energy Limited is a UK-registered company whose stated business, per its Companies House classification, is support activities for petroleum and natural gas extraction. It forms part of the RPS Group, a professional services group operating across property, energy, water, transport, resources and government sectors, which is now part of Tetra Tech following its acquisition. RPS Group's own site notes that European services, expertise and enquiries are now delivered through Tetra Tech Europe. The wider group employs over 25,000 people and handles around 100,000 projects annually worldwide, but these figures relate to the group rather than this individual registered entity, which sits within that broader corporate structure focused on energy-sector consulting and support work.
Generated from the company's website and Companies House records. Sources: rpsgroup.com · rpsgroup.com