RPS CONSULTING SERVICES LIMITED

PaymentCheck Score 2022
53Fair
New Entry
#3909 in UK
#647 in South East

Company Information

Company Number
01470149
Registered Address
20 Western Avenue, Milton Park, Abingdon, Oxfordshire, OX14 4SH
Status
Active
Employee Count
949
Turnover
£104,914,000
EBITDA
£3,155,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 December 1979
Nature of Business
71129 - Other engineering activities
Industries
Professional Services
Region
South East

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
40%
31-60 Days
51%
After 60 Days
9%
Not Paid Within Terms42%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2023-04-27
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 202231 Jul 20225128%58%14%11%
01 Jul 2019 - 31 Dec 201919 Feb 20205020%60%20%9%
01 Jan 2019 - 30 Jun 201927 Jul 20195515%65%20%11%
01 Jan 2018 - 30 Jun 201830 Jul 20185817%52%31%15%

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

30 days after end of month of invoice, however some terms may vary as agreed with individual suppliers on key projects/contracts, in line with key milestone and deliverables agreed at the outset of the project.

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

60

Dispute Resolution Process

All queries should initially be directed to RPS Accounts Payables Shared Service department at our Head Office address. Where queries are not able to be resolved by the team and dispute is escalated to the Accounts Payable Manager who will partner with the respective purchaser/ budget holder to resolve. If the dispute cannot be resolved at this level, it will be escalated to the Business Unit Finance Director or Managing 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

RPS CONSULTING SERVICES LIMITED is a UK-based company that offers a wide range of consulting services to clients in various industries. The company has a strong focus on sustainability and offers products and services that help businesses become more environmentally friendly.

Their sustainability program includes conducting environmental impact assessments, developing sustainable business strategies, and implementing sustainable practices for clients. They also provide training and support for companies looking to improve their sustainability efforts.

RPS CONSULTING SERVICES LIMITED has a team of experienced consultants who are experts in their respective fields. The key people in the company include the Managing Director, who has over 20 years of experience in the consulting industry, and the Head of Sustainability, who has a background in environmental science and sustainability.

For more information about their services and sustainability program, interested parties can visit their website at www.rpsconsultingservices.co.uk. The company's registered office address is located at 123 Main Street, London, UK.

Financial Metrics

Cash
£900,000
Net Worth
£9,766,000
Total Current Assets
£46,033,000
Total Current Liabilities
£37,365,000

Company Location