REEDS RAINS LIMITED
Company Information
- Company Number
- 02568254
- Registered Address
- Howard House 3 St. Marys Court, Blossom Street, York, England, YO24 1AH
- Status
- Active
- Employee Count
- 47
- Turnover
- £6,911,000
- EBITDA
- £2,138,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 December 1990
- Nature of Business
- 68310 - Real estate agencies
- Industries
- Property, Infrastructure And Construction, Software
- Region
- Yorkshire and The Humber
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 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 32 | 69% | 19% | 12% | 31% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 31 | 69% | 19% | 12% | 31% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 28 | 74% | 19% | 7% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 33 | 63% | 26% | 11% | 37% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 51 | 54% | 22% | 24% | 48% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 31 | 59% | 24% | 17% | 41% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 23 | 71% | 22% | 6% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 29 | 79% | 15% | 6% | 21% |
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 most frequently used payment terms in the reporting period are 30 days.
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
45
Dispute Resolution Process
All disputes or complaints are handled by our dedicated purchase ledger team in a timely manner.
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
REEDS RAINS LIMITED is a British real estate company that offers a wide range of property services to customers across the UK. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes measures such as using energy-efficient equipment, promoting recycling and reducing waste, and using sustainable materials in their buildings. They also encourage their employees to participate in eco-friendly practices and provide training on sustainability.
REEDS RAINS LIMITED offers a variety of products and services, including residential and commercial property sales and lettings, property management, mortgage advice, and property auctions. They also have a dedicated team for new build properties and offer a range of insurance services.
The company is led by a team of experienced and knowledgeable professionals, including their Managing Director, Oliver Blake, and their Chief Operating Officer, John Bagshaw.
Customers can contact REEDS RAINS LIMITED through their website, which provides information on their services and properties for sale or rent. Their registered office address is 1 Molyneux Drive, Ashton-under-Lyne, Lancashire, OL6 6RL.
In summary, REEDS RAINS LIMITED is a reputable real estate company in the UK that is committed to sustainability and offers a wide range of property services to its customers. With a strong leadership team and a focus on environmental responsibility, the company strives to provide high-quality and eco-friendly solutions in the real estate industry.