Industry ranking
Score of 82.9/100 qualifies for PaymentCheck Certification
| 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 2025 - 31 Dec 2025 | 23 Jan 2026 | 27 | 69% | 30% | 1% | 1% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 27 | 71% | 28% | 1% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 25 | 73% | 26% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 08 Aug 2024 | 22 | 83% | 15% | 2% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 03 Apr 2024 | 25 | 76% | 21% | 3% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 25 | 81% | 17% | 2% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 26 | 73% | 25% | 2% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 28 | 72% | 24% | 4% | 4% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 24 | 76% | 21% | 3% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 30 | 59% | 36% | 5% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 31 | 57% | 38% | 5% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 06 Aug 2020 | 27 | 68% | 29% | 3% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 29 | 62% | 35% | 3% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 26 | 66% | 32% | 2% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 31 | 59% | 36% | 5% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 27 | 60% | 39% | 1% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company’s position is to make payments within 60 days of invoice for contracts entered into on the company’s standard terms. The company does sometimes agree to shorter timeframes in contractual negotiations and will then endeavor to pay its suppliers in those agreed timeframes. The shortest payment period is 7 days which applies to payments for insurance and utilities. Minor payment delays may occur if the invoice is received shortly after the company’s payment run and disputes may also result in processing delays.
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
Individual employees are responsible for the invoices assigned to them and therefore for managing disputes in the first instance. The company’s position is that disputes over invoices should be resolved swiftly between parties where reasonably possible to enable the business to adhere to the agreed standard payment terms.
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
Riverside Resource Recovery Limited is registered as a waste treatment and disposal company, covering both non-hazardous and hazardous waste. It forms part of Cory Group, which manages recyclable and non-recyclable waste across London and the South East. The Cory Group's operations include the Riverside facility in Belvedere, one of the UK's largest energy-from-waste plants, processing non-recyclable black bag waste delivered largely by river barge from London transfer stations. Metals are extracted from the resulting incineration ash for recycling, and the process generates electricity. This entity's name corresponds to that Riverside facility, indicating its role within the group's waste treatment and energy recovery operations rather than as an independent trading business.
Generated from the company's website and Companies House records. Sources: coryenvironmental.co.uk