| 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 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 28 | 63% | 34% | 3% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 30 | 61% | 37% | 2% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 30 | 57% | 39% | 4% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently used payment terms are 'Settlement Nett Monthly'
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
If any of our supplier partners feel they have an unresolved payment issue, details can be e-mailed to 'purchaseaccounts@ridgeons.net'. The business will acknowledge and respond within 10 working days.
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Ridgeons Limited is a private limited company registered in England, incorporated in 1989. Companies House records show its nature of business as SIC code 99999, Dormant Company, indicating it currently carries out no trading activity. Its registered office is given care of Huws Gray Limited's head office in Anglesey, Wales, and its current directors are shared with Huws Gray Limited, indicating that Ridgeons Limited now exists as a dormant entity within the Huws Gray corporate group rather than as an independently operating business. The filing history shows a long list of past directors, including members of the Ridgeon family, reflecting the company's earlier history before its incorporation into the group.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk