REACH PRINTING SERVICES LIMITED

PaymentCheck Score 2025
47Poor
1.8vs last year
#3796 in UK
#95 in Manufacturing
#1359 in London

Company Information

Company Number
01979335
Registered Address
One Canada Square, Canary Wharf, London, E14 5AP
Status
Active
Employee Count
377
Turnover
£101,017,000
EBITDA
£8,468,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 January 1986
Nature of Business
18110 - Printing of newspapers
58130 - Publishing of newspapers
70100 - Activities of head offices
Industries
Manufacturing, Media And Publishing
Region
London

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
22%
31-60 Days
62%
After 60 Days
16%
Not Paid Within Terms29%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20254518%65%17%31%
01 Jul 2024 - 31 Dec 202429 Jan 20254422%62%16%29%
01 Jan 2024 - 30 Jun 202424 Jul 20244419%65%16%28%
01 Jan 2022 - 30 Jun 202225 Jul 20224425%67%8%24%
01 Jul 2020 - 31 Dec 202019 Jan 20214222%69%9%18%
01 Jan 2018 - 30 Jun 201830 Jul 20183540%58%2%20%

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 price stated in the Order is inclusive of all costs and expenses including packing and transportation costs. No variation in the price of the Goods will be accepted for any reason whatsoever unless reasonable notice thereof has been given in writing by the Seller the Purchaser and an authorised officer of the Purchaser shall have accepted the price variation in writing. Where the Goods are subject to Value Added Tax or any other taxes the amount legally demandable is to be rendered as a separate item of account and if required by the Purchaser, the Seller shall produce bona fide evidence of the amount paid or to be paid by it in respect thereof. The Purchaser reserves the right to deduct from any monies due or becoming due to the Seller, any monies due from the Seller to the Purchaser under the Contract or any other contract relating to the supply of goods or services. The price of the Goods includes the cost of insurance, packaging and carriage of the Goods unless otherwise expressly indicated in the Order. Any discount period will be calculated from the date the invoice is received by the Purchaser. Payment for Goods accepted by the Purchaser shall be made at the end of the month following the month 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

60

Dispute Resolution Process

For contracts with suppliers, the appropriate business manager (and if appropriate senior manager) for each party will attempt to resolve the dispute (the Reach point of contact varies from contract to contract). Suppliers can also contact Reach’s dedicated accounts payable team (suppliers@reachplc.com). Such contacts would look to deal promptly with any disputes raised, in accordance with the terms of the contract, and involve other Reach managers as required.

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

REACH PRINTING SERVICES LIMITED is a printing company based in the United Kingdom. They provide a wide range of print and design services to businesses and individuals. The company takes sustainability seriously and has implemented various sustainable practices in their operations.

Their sustainability program includes using eco-friendly materials and processes, reducing waste, and promoting recycling. They also offer carbon-neutral printing options to their customers, which helps in minimizing their carbon footprint. This commitment to sustainability has earned them a reputation as a responsible and environmentally conscious company.

The company offers a variety of products and services, including business cards, flyers, brochures, banners, and promotional items. They also provide design services, such as logo design and branding, to help businesses establish a strong visual identity. Their printing services use the latest technology and high-quality materials to ensure that their customers receive the best possible results.

The key people at REACH PRINTING SERVICES LIMITED include the managing director, who oversees the company's operations and plays a key role in the sustainability program. They also have a team of skilled designers and technicians who ensure that every project meets the highest standards of quality and sustainability.

For those interested in their services, REACH PRINTING SERVICES LIMITED can be contacted through their website, which also showcases their portfolio and provides information on their sustainability efforts. The company's registered office address is located in London, making it easily accessible to customers in the area.

In conclusion, REACH PRINTING SERVICES LIMITED is a reputable printing company in the UK that offers high-quality products and services while prioritizing sustainability. With their commitment to eco-friendly practices and a team of dedicated professionals, they continue to provide top-notch solutions to their clients.

Financial Metrics

Cash
£12,000
Net Worth
£661,000
Total Current Assets
£14,406,000
Total Current Liabilities
£180,409,000

Company Location