Score of 96.3/100 qualifies for PaymentCheck Certification
VISION RT LIMITED demonstrates consistently fast payment behaviour, with an average settlement time of just 14 days, well ahead of standard 30-day terms. The overwhelming majority of payments — 93% — are completed within 30 days, indicating a stable and disciplined payment process with no signs of deterioration. The marginal proportions in the 31–60 day (4%) and over 60 day (3%) brackets suggest isolated exceptions rather than a systemic pattern of delay.
With only 3% of payments classified as late, VISION RT LIMITED presents a highly predictable and low-risk payment profile, minimising cash flow uncertainty for suppliers. The tight concentration of payments in the sub-30-day band reflects a reliable internal accounts payable process with limited variability. The small over-60-day proportion (3%) warrants minor attention but does not represent a meaningful risk given the overall consistency of the data.
VISION RT LIMITED represents a low-risk customer, and suppliers can engage with a high degree of confidence in timely payment based on the available data. A 14-day average payment time and 93% on-time rate make this an attractive counterparty for standard or extended credit terms. As a precaution, suppliers may wish to monitor the 3% over-60-day segment through periodic account reviews to ensure this remains an anomaly rather than an emerging trend.
| 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 2024 - 31 Dec 2024 | 25 Nov 2025 | 14 | 93% | 4% | 3% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Normally when we set up a new supplier, we request for a 30 day payment term and in most cases these are granted. We do have other terms like 14 days or immediate payment term depending of the type of supplier.
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
45
We have a PO system and each invoice is checked against the Purchase Order. If there is any dispute against the value, the invoice is put on hold. It is followed up by the person who placed the order. Once this has been resolved the invoice is approved and ready to be paid, or else a credit note is issued.
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
VISION RT LIMITED is an active private limited company, incorporated on 13 June 2001, based in the Other region. Registered business activity: Other human health activities.
From Companies House records.