RATIONAL UK LIMITED
Company Information
- Company Number
- 02576032
- Registered Address
- Titan Court, Unit 4 Laporteway, Luton, Bedfordshire, LU4 8EF
- Status
- Active
- Employee Count
- 61
- Turnover
- £64,045,000
- EBITDA
- £5,356,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 January 1991
- Nature of Business
- 28210 - Manufacture of ovens, furnaces and furnace burners
- Industries
- Coming Soon
- Region
- East of England
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 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% |
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
83.6% of all payments are on 14 day terms
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
5,785 invoices were paid during the period. 188 of these were not paid with terms - of these 95 invoices were "payment due immediately".
Maximum contractual payment period agreed
144
Dispute Resolution Process
Any dispute is resolved locally between the company and the supplier on an individual basis with the primary aim that disputes are settled quickly, and contractual payments are met. The company has a strong discipline of reconciling supplier statements where applicable to the weekly payment run.
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
RATIONAL UK LIMITED is a leading company in the foodservice industry, offering innovative and sustainable solutions for professional kitchens. The company is committed to providing high-quality products and services while also prioritizing sustainability and environmental responsibility.
Their sustainability program, called "Green Technology", focuses on reducing energy consumption and increasing efficiency in their products. This includes using eco-friendly materials in their manufacturing process, as well as implementing energy-saving features in their equipment. They also offer training and support to their customers on how to use their products in a sustainable manner.
RATIONAL UK LIMITED's main product is the SelfCookingCenter, a multifunctional cooking appliance that can replace multiple traditional kitchen appliances, reducing energy and water usage. They also offer a range of accessories and services to complement their main product.
The key people at RATIONAL UK LIMITED include Managing Director, Simon Lohse, and National Sales Director, Adam Knights. Both have extensive experience in the foodservice industry and are committed to the company's sustainability efforts.
To contact RATIONAL UK LIMITED, customers can visit their website at www.rational-online.com/gb or visit their registered office at Western Avenue, Matrix Park, Chorley, Lancashire, PR7 7NB. The website also provides a contact form and phone number for inquiries and support.
In summary, RATIONAL UK LIMITED is a leading company in the foodservice industry, offering innovative and sustainable solutions through their "Green Technology" program. Their main product, the SelfCookingCenter, is designed to reduce energy consumption and increase efficiency in professional kitchens. With experienced and dedicated leadership, the company is committed to providing high-quality products and services while also prioritizing sustainability.
