| 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 | 24 Jul 2025 | 49 | 29% | 43% | 28% | 45% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 54 | 25% | 42% | 33% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 55 | 49% | 39% | 12% | 36% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 56 | 19% | 43% | 38% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 55 | 18% | 41% | 41% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 56 | 16% | 42% | 42% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 53 | 15% | 50% | 35% | 31% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 54 | 14% | 49% | 35% | 34% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 72 | 10% | 43% | 47% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Aug 2020 | 61 | 9% | 42% | 49% | 56% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 55 | 15% | 44% | 41% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 54 | 14% | 47% | 39% | 18% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Reynolds pays all its standard, non disputed Supplier invoices within agreed terms, invoices that vary from the PO are disputed as soon as the invoices are entered onto the system.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Customers who insist we use their chosen supplier, are expected to pay us before we pay their chosen supplier.
Maximum contractual payment period agreed
76
All produce invoices processed that differ from the PO either by price or quantity trigger an email to the procurement team. The procurement team will then either agree the difference or escalate the query to the supplier as soon as possible. Every effort is made to deal with disputes in a timely manner.
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.
❌
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
REYNOLDS CATERING SUPPLIES LIMITED is a leading supplier of catering equipment and supplies in the United Kingdom. The company was founded in 1972 and is headquartered in Thame, Oxfordshire.
The company's main focus is to provide high-quality, sustainable products and services to the catering industry. They are committed to reducing their environmental impact and have implemented various initiatives to achieve this. This includes using eco-friendly packaging materials, promoting energy-efficient equipment, and sourcing products from sustainable and ethical suppliers.
REYNOLDS CATERING SUPPLIES LIMITED offers a wide range of products, including crockery, cutlery, glassware, kitchen equipment, and cleaning supplies. They also provide bespoke solutions for specific customer needs. Their products are carefully selected to meet the highest standards of quality and durability.
The key people at REYNOLDS CATERING SUPPLIES LIMITED include the managing director, Simon Lunt, and the operations director, Mike Thompson. They lead a team of experienced and dedicated professionals who are committed to providing exceptional customer service.
For customers, REYNOLDS CATERING SUPPLIES LIMITED offers a convenient online ordering system and a dedicated sales team. They also have a showroom in Thame, Oxfordshire, for customers to view and test their products.
The company's website, www.reynoldscs.com, provides detailed information about their products and services, as well as helpful resources for customers, such as product guides and safety data sheets.
The registered office address for REYNOLDS CATERING SUPPLIES LIMITED is Unit 2, Thame Business Park, Wenman Road, Thame, Oxfordshire, OX9 3XA. Overall, the company is committed to providing sustainable and high-quality products and services to the catering industry, making them a trusted and reliable partner for businesses in the UK.