Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2024 - 31 Dec 2024 | 14 Jul 2025 | 47 | 22% | 59% | 19% | 73% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Oct 2024 | 48 | 20% | 61% | 19% | 71% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 48 | 21% | 60% | 19% | 71% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 52 | 16% | 63% | 21% | 65% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 49 | 20% | 59% | 21% | 69% |
| 01 Jan 2022 - 30 Jun 2022 | 03 Aug 2022 | 49 | 18% | 60% | 22% | 73% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Mar 2022 | 50 | 19% | 61% | 21% | 77% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 50 | 20% | 59% | 21% | 86% |
| 01 Jul 2020 - 31 Dec 2020 | 17 Mar 2021 | 48 | 25% | 55% | 20% | 83% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Mar 2021 | 49 | 18% | 57% | 25% | 85% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 50 | 14% | 62% | 24% | 88% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 49 | 16% | 61% | 23% | 91% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 47 | 15% | 67% | 18% | 89% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our business standard payment terms for suppliers dealing with Reconomy UK companies are 60 days end of month from the receipt of the invoice (i.e. suppliers are paid at the end of the month following a 60 day period from the date of receipt by Reconomy of a valid invoice).
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We work with suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our treasury team on 01952 292000 or email accounts payable on treasury@reconomy.com
Maximum contractual payment period agreed
60
We work with suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our treasury team on 01952 292000 or email accounts payable on treasury@reconomy.com
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
Reconomy (UK) Limited is part of the Reconomy group, an international circular economy specialist. The group describes itself as helping businesses move from a linear take-make-waste model to a circular one, combining technology with skilled staff to help customers reduce and manage waste, optimise supply chains and embrace circularity. Its services are organised into three areas: a Recycle loop covering waste and resource management, a Comply loop supporting environmental compliance such as Extended Producer Responsibility, and a Re-use loop providing technology platforms for returns management and product refurbishment. The UK entity operates as part of this wider group structure, which serves customers across numerous sectors including retail, manufacturing and logistics.
Generated from the company's website and Companies House records. Sources: reconomy.com · reconomy.com