Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2023 - 30 Jun 2023 | 07 Jul 2023 | 33 | 52% | 40% | 8% | 32% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Mar 2023 | 31 | 56% | 41% | 3% | 28% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 27 | 68% | 29% | 4% | 35% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 28 | 60% | 38% | 2% | 42% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Mar 2022 | 33 | 51% | 40% | 9% | 63% |
| 01 Apr 2019 - 31 Dec 2019 | 09 Mar 2020 | 20 | 86% | 11% | 3% | 26% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 28 | 68% | 30% | 2% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 26 | 69% | 29% | 2% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 Days EOM
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Supplier will contact AP Queries mailbox or requester of service. We will endeavour to reply to suppliers within 5 working 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
RIVUS FLEET SOLUTIONS LIMITED is an active private limited company, incorporated on 27 February 2002, based in the West Midlands region. Registered business activity: Maintenance and repair of motor vehicles.
From Companies House records.