RICOH UK PRODUCTS LIMITED
Company Information
- Company Number
- 01763860
- Registered Address
- Ricoh Uk Products Ltd, Priorslee, Telford, Shropshire, TF2 9NS
- Status
- Active
- Employee Count
- 450
- Turnover
- £208,879,000
- EBITDA
- £5,423,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 October 1983
- Nature of Business
- 28230 - Manufacture of office machinery and equipment (except computers and peripheral equipment)
- Industries
- Manufacturing
- Region
- West Midlands
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 2025 - 30 Sept 2025 | 21 Oct 2025 | 41 | 33% | 60% | 7% | 12% |
| 01 Oct 2024 - 31 Mar 2025 | 17 Apr 2025 | 41 | 39% | 56% | 5% | 8% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 47 | 46% | 43% | 11% | 17% |
| 01 Apr 2023 - 30 Sept 2023 | 11 Oct 2023 | 44 | 33% | 58% | 9% | 12% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 55 | 32% | 48% | 20% | 26% |
| 01 Apr 2021 - 30 Sept 2021 | 18 Oct 2021 | 45 | 31% | 54% | 15% | 15% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 37 | 32% | 61% | 7% | 7% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 39 | 29% | 65% | 6% | 6% |
| 01 Apr 2018 - 30 Sept 2018 | 28 Oct 2018 | 38 | 27% | 69% | 4% | 4% |
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
The standard terms of payment for the Company is “Net Monthly Account (NMA)”, meaning that invoices are paid at the end of the month following the date of the invoice. This means that the standard terms can range from 30-61 days. No payment terms are in operation that are longer than this, meaning that the maximum contractual payment term is 61 days. There have been no variations to the standard payment terms within the reporting period and therefore no need to consult with or inform our suppliers.
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
61
Dispute Resolution Process
All invoices should be addressed to the Finance department and sent either by post or to the dedicated Accounts Payable inbox, ensuring that a valid purchase order is quoted. Queries should in the first instance be addressed to the Accounts Payable team, either via phone or to the dedicated inbox. The team will try and address the issues. If the Accounts Payable team cannot resolve the issue, then it will be either directed to the person who placed the order, the purchasing department or the Senior Accountant, whomever is the most appropriate for the query in question. Queries can be escalated to the Finance Manager and Finance Director if necessary.
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
RICOH UK PRODUCTS LIMITED is a leading provider of innovative office and production printing solutions. The company is committed to sustainability and has implemented various programs and initiatives to reduce its environmental impact.
Their sustainability program includes measures such as energy-efficient products, waste reduction, and recycling programs. They also work with their suppliers and partners to ensure sustainable practices throughout their supply chain.
RICOH UK offers a wide range of products and services, including printers, copiers, and document management solutions. They also provide consulting services to help businesses optimize their printing processes and reduce costs.
The key people at RICOH UK include managing director, Phil Keoghan, and chairman, David Mills. They are supported by a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.
The company's website, www.ricoh.co.uk, provides detailed information about their products, services, and sustainability efforts. They also have a customer support helpline and email for any inquiries.
The registered office address for RICOH UK is 1 Plane Tree Crescent, Feltham, Middlesex, TW13 7HG. Overall, RICOH UK PRODUCTS LIMITED is a reputable and environmentally conscious company that offers reliable and sustainable solutions for businesses of all sizes.
