Score of 96.4/100 qualifies for PaymentCheck Certification
Reliable Contractors Limited demonstrates an exceptionally strong payment profile, with an average settlement time of just 7 days, well ahead of standard 30-day terms. A full 94% of payments are made within 30 days, with the remaining 6% falling in the 31–60 day window, indicating no systemic delays or deteriorating payment behaviour. The complete absence of payments exceeding 60 days and zero late payment incidents reinforces a consistently positive and stable payment trajectory.
Payment behaviour is highly predictable, with minimal dispersion across time bands and no recorded instances of late or overdue payments, suggesting a low-risk, well-managed accounts payable function. The small 6% share of 31–60 day payments represents a minor and acceptable variance, likely attributable to isolated administrative or processing factors rather than financial stress. Overall volatility is negligible, making cash flow forecasting straightforward and reliable when trading with this company.
Reliable Contractors Limited represents a low-risk, high-confidence trading partner, and suppliers can engage with favourable terms with minimal concern over payment default or delay. The 7-day average payment speed suggests strong liquidity and a proactive approach to supplier relationships, which may support negotiation of early payment discounts to mutual benefit. No significant risk mitigation measures are required; however, standard invoice tracking should be maintained to monitor the minor 31–60 day segment and ensure it does not increase over time.
| 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 Dec 2025 - 31 May 2026 | 02 Jun 2026 | 7 | 94% | 6% | 0% | 0% |
| 01 Dec 2024 - 31 May 2025 | 04 Nov 2025 | 6 | 91% | 9% | 0% | 0% |
| 01 Jun 2024 - 30 Nov 2024 | 04 Nov 2025 | 9 | 98% | 2% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days, we make a weekly payment run to ensure prompt payment
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
Any disputed invoices are handled by the accounts payable team, if no resolution can be made this would be escalated to the finance Director for prompt resolution
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
Reliable Contractors Limited is a private limited company operating within the contracting sector in the United Kingdom. The business is structured as a limited company, providing the organisation with a defined legal framework through which it conducts its commercial activities.
The company was incorporated on 8 May 2002 and holds company registration number 04433925 with Companies House. Its registered office is located at 5th Floor Ashford Commercial Quarter, 1 Dover Place, Ashford, Kent, England, TN23 1FB, placing the business within the South East region of England.
Contracting businesses of this type in the UK market typically provide skilled labour, project management, and specialist trade services across a range of sectors including construction, facilities management, maintenance, and infrastructure. Such companies work with both commercial and residential clients, delivering contracted work to agreed specifications and timescales. Reliable Contractors Limited operates within this established contracting landscape as an active business with over two decades of trading history.