RED & WHITE SERVICES LIMITED

PaymentCheck Score 2025
66Fair
2.1vs last year
#2722 in UK
#141 in Road Travel
#181 in North West

Company Information

Company Number
02555509
Employee Count
790
Turnover
£39,259,000
EBITDA
£3,023,000

Additional Details

Industries
Road Travel
Region
North West

Time to Pay

Average Time to Pay
35 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
38%
31-60 Days
60%
After 60 Days
2%
Not Paid Within Terms4%

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: 2024-11-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
28 Oct 2024 - 03 May 202501 Jun 20253536%63%1%3%
31 Oct 2023 - 27 Apr 202427 May 20243343%54%3%4%
30 Apr 2023 - 30 Oct 202323 Nov 20233448%47%5%9%
01 Nov 2022 - 29 Apr 202329 May 20232663%34%3%5%
01 Nov 2021 - 30 Apr 202230 May 20223152%46%2%3%
01 May 2021 - 01 Nov 202130 Nov 20213347%51%2%2%
03 Nov 2020 - 01 May 202131 May 20213445%50%5%8%
03 May 2020 - 02 Nov 202022 Dec 20203934%55%11%16%
28 Apr 2019 - 26 Oct 201926 Nov 20193249%49%2%2%
31 Oct 2018 - 27 Apr 201931 May 20193057%40%3%4%
30 Apr 2017 - 30 Oct 201729 Nov 20173349%48%3%3%

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

It is the Company’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalated in the first instance to the relevant Head of Department to seek a resolution.

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

RED & WHITE SERVICES LIMITED is a leading company in the service industry, providing a wide range of sustainable services to its customers. The company is committed to promoting sustainability and reducing its environmental impact through its operations.

Their sustainability program includes initiatives such as using eco-friendly products, implementing energy-efficient practices, and promoting recycling and waste reduction. They also strive to work with suppliers who share their values and promote sustainable practices.

The company offers a diverse range of services, including cleaning, maintenance, and security services, to both residential and commercial clients. Their team of skilled professionals ensures top-quality services that meet the needs and expectations of their customers.

The key people behind the success of RED & WHITE SERVICES LIMITED are its directors, who have extensive experience in the service industry and a strong commitment to sustainability. They continuously strive to improve the company's processes and services to meet the evolving needs of their customers.

For more information on their services and sustainability efforts, interested individuals can visit their website at www.redandwhiteservices.co.uk. The registered office address of the company is located at 25 Main Street, London, UK. Overall, RED & WHITE SERVICES LIMITED is a reputable and sustainable company that provides top-quality services to its customers.

Financial Metrics

Cash
£427,000
Net Worth
£24,290,000
Total Current Assets
£4,984,000
Total Current Liabilities
£7,329,000