Score of 90.05/100 qualifies for PaymentCheck Certification
The INTERNATIONAL RESCUE COMMITTEE, U.K. demonstrates a strong trend of prompt payments, with an average payment time of just 15 days. A remarkable 97% of invoices are consistently settled within 30 days, indicating solid financial discipline and a highly favorable payment trajectory for suppliers.
Payment reliability for this entity is exceptionally high, with only 3% of invoices experiencing late payment. The minimal incidence of payments extending beyond 30 days (2% 31-60 days, 1% over 60 days) suggests very low volatility and high predictability in payment cycles, posing negligible financial risk to suppliers.
Given the consistently prompt payments and exceptionally low incidence of late payments, the INTERNATIONAL RESCUE COMMITTEE, U.K. presents as a highly reliable and low-risk counterparty. Suppliers can confidently expect timely remittances, requiring no special risk mitigation strategies beyond standard commercial terms due to their robust payment performance.
| 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 Apr 2024 - 30 Sept 2024 | 17 Mar 2025 | 15 | 97% | 2% | 1% | 3% |
| 01 Oct 2023 - 31 Mar 2024 | 14 May 2024 | 30 | 75% | 23% | 2% | 9% |
| 01 Apr 2023 - 30 Sept 2023 | 16 Nov 2023 | 15 | 98% | 2% | 0% | 28% |
| 01 Oct 2022 - 31 Mar 2023 | 05 May 2023 | 7 | 99% | 1% | 0% | 29% |
| 01 Apr 2022 - 30 Sept 2022 | 30 Nov 2022 | 5 | 99% | 1% | 0% | 32% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 5 | 100% | 0% | 0% | 27% |
| 01 Apr 2021 - 30 Sept 2021 | 10 Dec 2021 | 9 | 97% | 3% | 0% | 18% |
| 01 Oct 2020 - 31 Mar 2021 | 10 May 2021 | 10 | 91% | 6% | 3% | 12% |
| 01 Apr 2020 - 30 Sept 2020 | 02 Dec 2020 | 10 | 98% | 1% | 1% | 12% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 14 | 84% | 15% | 1% | 16% |
| 01 Apr 2019 - 30 Sept 2019 | 22 Apr 2020 | 18 | 87% | 4% | 9% | 13% |
| 01 Oct 2018 - 31 Mar 2019 | 21 May 2019 | 19 | 80% | 12% | 8% | 25% |
| 01 Oct 2017 - 31 Mar 2018 | 24 Apr 2018 | 16 | 90% | 9% | 1% | 34% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Direct debits typically have payment terms of 14 days, but are deducted directly from our account. Other suppliers are typically 28 or 30 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
30
We request for the latest supplier statement from the supplier and reconcile it with our accounting system. Once resolved, we pay the invoice(s). Depending on the nature of the dispute and our relationship with the supplier, we may pay the disputed invoice before the dispute is resolved if it is past due in order to maintain our relationship. We send remittance advices to suppliers after each payment run showing invoices settled and amounts. When requested, we provide suppliers with evidence of payments made, e.g. bank statements showing outgoing funds. Disputes and complaints are normally resolved within 30 days.
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
INTERNATIONAL RESCUE COMMITTEE, U.K. is an active private limited company by guarantee, indicating its operation as a non-profit organisation. Its name suggests an international focus on humanitarian aid and rescue operations.
The company was incorporated on 30 October 1997 with company number 03458056. It is registered in London, with its official address located at 100 Wood Street, 6th Floor, London, England, EC2V 7AN.
Organisations established as private limited companies by guarantee, particularly those with a humanitarian focus, commonly engage in non-profit activities. These typically include the provision of aid, emergency relief, and support programmes, often funded through donations or grants to fulfil their charitable or public benefit objectives.