Score of 97.35/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 19 Jan 2026 | 11 | 96% | 4% | 0% | 4% |
| 01 Jan 2025 - 30 Jun 2025 | 09 Jul 2025 | 11 | 95% | 4% | 1% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 15 Jan 2025 | 12 | 95% | 4% | 1% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Jul 2024 | 12 | 96% | 3% | 1% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 11 Jan 2024 | 17 | 92% | 3% | 5% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 13 | 96% | 2% | 2% | 5% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 12 | 96% | 3% | 1% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 06 Jul 2022 | 11 | 97% | 3% | 0% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 13 Jan 2022 | 12 | 94% | 3% | 3% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Jul 2021 | 10 | 98% | 2% | 0% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 14 Jan 2021 | 12 | 98% | 1% | 1% | 21% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 15 | 93% | 5% | 2% | 68% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jul 2020 | 13 | 94% | 4% | 2% | 70% |
| 01 Jan 2019 - 30 Jun 2019 | 21 Jul 2020 | 12 | 97% | 2% | 1% | 76% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Average payment term is 14 days - this accounts for 66% of all vendor invoices
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
236
Disputes are resolved locally between the company and the supplier. We have a strong commitment to prompt payment. A number of our suppliers still use a "pay immediately" statement on their invoices with no payment term - this results in the invoice being considered as a late payment in the statistic (approximately 30% of all of our late payments)
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.
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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
RATIONAL UK Limited is the UK subsidiary of RATIONAL AG, a German manufacturer of commercial cooking equipment. The group makes combi ovens and related cooking systems, such as the iCombi Pro, iVario and iHexagon ranges, for hospitality and professional kitchens, alongside digital kitchen management tools like ConnectedCooking. Its registered activity is classed as manufacture of ovens, furnaces and furnace burners. The UK entity operates from premises in Luton, supporting sales, service and dealer partnerships for RATIONAL's cooking equipment within Britain, including work with education and hospitality catering customers.
Generated from the company's website and Companies House records. Sources: rational-online.com