READYPOWER RAIL SERVICES LIMITED consistently demonstrates a trend of paying outside typical 30-day terms, with an average payment time of 51 days. A substantial 80% of their invoices are settled beyond 30 days, indicating a routine pattern of extended payment cycles rather than isolated incidents.
The payment profile exhibits moderate volatility, with 32% of payments extending beyond 60 days and 8% officially classified as late. This distribution introduces some unpredictability for suppliers regarding cash flow, as a notable portion of invoices are paid significantly slower.
Suppliers should anticipate extended payment cycles averaging 51 days when dealing with READYPOWER RAIL SERVICES LIMITED, with a high likelihood of payments falling into the 31-60 day bracket or beyond. To mitigate potential cash flow strain, it is advisable to adjust credit terms accordingly, consider lower initial credit limits, or explore options for upfront payments on new engagements.
| 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 | 27 Jan 2026 | 50 | 24% | 44% | 32% | 8% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 51 | 20% | 48% | 32% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Readypower Rail Services Limited has a range of standard payment terms which may be varied for contract specific reasons. The most frequently used payment term in the reporting period is 45 days from end of month.
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
89
Readypower Rail Services Limited is committed to the fair treatment of all of its supply chain. Payment disputes are handled by the Accounts Payable team with support from the invoice contact within the company. In the event that a satisfactory outcome cannot be reached at this stage, the issue will be escalated within the organization until the dispute is resolved.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
READYPOWER RAIL SERVICES LIMITED is a private limited company specialising in providing services to the rail industry. The company's name clearly indicates a focus on delivering professional solutions and support within the UK's railway sector.
Operating as an active private limited company, READYPOWER RAIL SERVICES LIMITED is registered under company number 02681963. The organisation was incorporated on 28 January 1992 and is located in the South East of England, with its registered office at Unit 620 Wharfedale Road, Winnersh, Wokingham, England, RG41 5TP.
As a provider of rail services in the UK market, the company's operational scope centres on supporting various aspects of the railway infrastructure and its ongoing activities. This positioning ensures its role in contributing to the broader rail industry.
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