| 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 | 07 Jul 2025 | 33 | 30% | 68% | 2% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 15 Jan 2025 | 31 | 34% | 64% | 2% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Jul 2024 | 31 | 40% | 57% | 3% | 10% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 31 | 49% | 47% | 4% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Jan 2023 | 33 | 43% | 54% | 3% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms vary depending on the contract but typically our standard payment terms are 45 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
Contained within each contract would are the dispute resolution process which would include an escalation process.
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
Russells Limited is a UK-based company that specializes in sustainable and eco-friendly products and services. They have a strong commitment to sustainability and have integrated it into all aspects of their business.
Their sustainability program includes initiatives such as reducing their carbon footprint, using renewable energy sources, and promoting recycling and waste reduction. They also support local communities and charities through various initiatives.
The company offers a wide range of sustainable products, including eco-friendly household cleaning products, reusable bags, and energy-efficient appliances. They also provide services such as sustainable home renovations and energy audits.
The key people at Russells Limited include the managing director, John Russell, who has over 20 years of experience in the sustainability industry, and the sustainability manager, Sarah Jones, who is responsible for overseeing the company's sustainability initiatives.
For more information on their products and services, as well as their sustainability program, customers can visit their website at www.russellslimited.co.uk. The company's registered office address is 12 North Street, London, UK. With their strong commitment to sustainability and eco-friendly practices, Russells Limited is dedicated to making a positive impact on the environment and communities they operate in.