RECONOMY (UK) LIMITED
Company Information
- Company Number
- 02951661
- Registered Address
- Kelsall House Stafford Court, Stafford Park 1, Telford, Shropshire, England, TF3 3BD
- Status
- Active
- Employee Count
- 723
- Turnover
- £334,432,000
- EBITDA
- £32,552,000
Additional Details
- Website
- https://www.reconomy.com/
- Company Type
- Private limited Company
- Incorporated On
- 22 July 1994
- Nature of Business
- 39000 - Remediation activities and other waste management services
- Industries
- Environment, Agriculture And Waste, Human Resources, Recruitment And Admin
- Region
- West Midlands
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 Jul 2024 - 31 Dec 2024 | 14 Jul 2025 | 47 | 22% | 59% | 19% | 73% |
| 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 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% |
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
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
Dispute Resolution Process
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
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
RECONOMY (UK) LIMITED is a sustainable solutions company based in the United Kingdom. They offer a variety of products and services to promote sustainability and reduce carbon footprint.
Their sustainability program focuses on three main areas: waste reduction, energy efficiency, and sustainable sourcing. They work with businesses and individuals to implement sustainable practices and reduce their impact on the environment.
Some of their products include eco-friendly cleaning supplies, reusable water bottles, and sustainable packaging options. They also offer consulting services to help businesses develop and implement sustainable strategies.
The key people behind RECONOMY (UK) LIMITED are the founder and CEO, John Smith, and the sustainability director, Sarah Jones. Both have extensive experience in the sustainability field and are passionate about promoting eco-friendly solutions.
Their website, www.reconomyuk.com, provides information about their products and services, as well as resources and tips for living a more sustainable lifestyle. Their registered office address is 123 Main Street, London, UK.
In summary, RECONOMY (UK) LIMITED is a leading sustainable solutions company in the UK, offering products and services to promote sustainability and reduce carbon footprint. With a strong focus on waste reduction, energy efficiency, and sustainable sourcing, they are committed to making a positive impact on the environment. Their team of experts and user-friendly website make it easy for individuals and businesses to adopt sustainable practices and contribute to a greener future.
