RCI FINANCIAL SERVICES LIMITED
Company Information
- Company Number
- 03302462
- Registered Address
- Rivers Office Park Denham Way, Maple Cross, Rickmansworth, England, WD3 9YS
- Status
- Active
- Employee Count
- 257
- Turnover
- £375,835,000
- EBITDA
- £114,399,000
Additional Details
- Website
- https://rcibanque.com
- Company Type
- Private limited Company
- Incorporated On
- 15 January 1997
- Nature of Business
- 64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
- Industries
- Financial Services
- Region
- East of England
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 19 | 89% | 9% | 2% | 20% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 23 | 83% | 12% | 5% | 24% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 19 | 90% | 8% | 2% | 18% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 20 | 84% | 15% | 1% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 16 | 91% | 8% | 1% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 29 | 77% | 17% | 6% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Feb 2022 | 23 | 82% | 15% | 3% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 25 | 81% | 14% | 5% | 28% |
| 01 Jul 2020 - 31 Dec 2020 | 17 Feb 2021 | 30 | 71% | 21% | 8% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 26 | 80% | 16% | 4% | 38% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 22 | 80% | 17% | 3% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 23 | 75% | 22% | 3% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 23 | 84% | 13% | 3% | 16% |
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
RCI Financial Services Limited’s policy for the payment of suppliers is as follows: Payment terms will be agreed at the start of the relationship with the supplier and will only be changed by agreement. Standard payment terms with suppliers of goods and services will be 30 days from receipt of correct invoice for satisfactory goods and services which have been ordered and received unless other terms are agreed in contract. Payment will be made in accordance with the agreed terms or in accordance with the law if no agreement has been made; and Suppliers will be advised without delay when an invoice is contested, and disputes will be settled as quickly as possible.
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
60
Dispute Resolution Process
Dispute resolution: Suppliers are advised without delay when an invoice is contested with the aim of resolving the dispute as quickly as possible. Disputes are generally resolved with the department who has placed the order. If the matter cannot be resolved with the department, it will be escalated to senior management for resolution.
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
RCI Financial Services Limited is a UK-based financial services company that specializes in providing automotive finance and related services. The company was founded in 2001 and is a subsidiary of RCI Banque, a global leader in automotive financing.
The company's core activities include providing financing solutions for Renault, Dacia, and Nissan vehicles, as well as insurance and extended warranty products. They also offer a range of leasing and rental options for both individuals and businesses.
RCI Financial Services Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated Sustainability Committee that oversees the company's efforts in this area. These include reducing their carbon footprint, promoting eco-friendly practices, and supporting sustainable transportation options.
The company's key people include Gilles Normand, Chairman of the Board of Directors, and Bruno Kintzinger, Managing Director. They have a team of experienced professionals who work together to provide efficient and innovative financial solutions to their customers.
For further information, customers can visit the company's website at https://www.rcibs.com/. Their registered office address is RCI Financial Services Limited, RCI House, 2nd Floor, Riverbridge House, Anchor Boulevard, Crossways Business Park, Dartford, Kent, DA2 6SL. Customers can also contact them via phone at 0344 335 1111 or email at customer.services@rcibs.com.
In conclusion, RCI Financial Services Limited is a reputable and sustainable financial services company that offers a range of products and services for the automotive industry. With a focus on sustainability, experienced leadership, and a commitment to customer satisfaction, they continue to be a leader in the industry.
