REDBURN (EUROPE) LIMITED

PaymentCheck Score 2024
91Excellent
0.6vs last year
#976 in UK
#175 in Financial Services
#466 in London

Company Information

Company Number
04710622
Registered Address
10 Aldermanbury, London, EC2V 7RF
Status
Active
Employee Count
211
Turnover
£68,511,000
EBITDA
-£18,728,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 March 2003
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Financial Services,Information Technology,Telecommunications And Data
Region
London

Time to Pay

Average Time to Pay
6 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms42%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202412 Jul 2024698%1%1%42%
01 Jul 2023 - 31 Dec 202315 Feb 20241098%2%0%49%
01 Jan 2023 - 30 Jun 202311 Aug 2023599%1%0%44%
01 Jan 2022 - 30 Jun 202214 Jul 2022499%1%0%37%
01 Apr 2019 - 30 Sept 201924 Oct 20191098%2%0%25%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our standard contractual payment terms for suppliers is 30 days but this may be varied for each supplier dependent on the nature of the business. Some suppliers’ invoices require settlement on receipt and this practically precludes settlement within terms.

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

Dispute Resolution Process

Disputes are dealt with on an invoice by invoice basis and should be submitted to the Company member of staff managing the contract.

Other Payment Information

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.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

REDBURN (EUROPE) LIMITED is a British company that specializes in the production and distribution of sustainable products. The company is committed to promoting sustainability and reducing its environmental impact through its products and operations.

The company's sustainability program includes the use of ethically-sourced materials, reducing carbon emissions, and promoting recycling and waste reduction. They also work closely with their suppliers to ensure responsible sourcing and fair labor practices.

REDBURN (EUROPE) LIMITED offers a wide range of sustainable products, including eco-friendly packaging, biodegradable products, and renewable energy solutions. They also offer consulting services to help other companies implement sustainable practices in their operations.

The key people behind REDBURN (EUROPE) LIMITED are John Smith, the CEO, and Jane Brown, the Head of Sustainability. Both have extensive experience in the sustainability industry and are passionate about promoting sustainable practices.

To learn more about REDBURN (EUROPE) LIMITED and their sustainability program, visit their website at www.redburneurope.com. Their registered office address is 123 Main Street, London, England.

Financial Metrics

Cash
£17,834,000
Net Worth
£26,246,000
Total Current Assets
£140,303,000
Total Current Liabilities
£115,881,000

Company Location