RIBBLE VALLEY INNS LIMITED consistently demonstrates a trend of extended payment cycles, with an average payment time of 48 days. A significant 87% of payments fall within the 31-60 day window, clearly indicating a trajectory to settle invoices within two months rather than the standard 30 days. Only a small fraction, 9%, are paid within 30 days, establishing a predictable pattern of longer remittance.
Despite the longer average payment time, the concentration of 87% of payments within the 31-60 day range suggests a relatively stable and predictable payment behavior. However, the 7% late payment rate and 4% exceeding 60 days introduce a minor element of unpredictability for a small portion of transactions. Suppliers can generally rely on payments arriving within the 31-60 day timeframe, acknowledging a small risk of further delay.
Suppliers should plan for payments from RIBBLE VALLEY INNS LIMITED to typically arrive around the 48-day mark, with most falling between 31 and 60 days. It is critical to incorporate these extended payment terms into cash flow forecasts and operational planning to avoid liquidity challenges. Consider setting payment terms that explicitly acknowledge their typical 48-day cycle or implementing tiered late payment penalties for the small percentage of genuinely overdue invoices.
| 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 |
|---|---|---|---|---|---|---|
| 30 Jun 2025 - 28 Dec 2025 | 06 Jan 2026 | 48 | 5% | 89% | 6% | 8% |
| 30 Dec 2024 - 29 Jun 2025 | 31 Jul 2025 | 48 | 5% | 90% | 5% | 9% |
| 01 Jul 2024 - 29 Dec 2024 | 15 Jan 2025 | 48 | 9% | 87% | 4% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 49 | 12% | 83% | 5% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are the last business day of the month after the invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
61
All suppliers can contact the Accounts Payable team by phone or email to check the status of their invoice at any time during normal business hours. Disputes would typically be escalated to a senior member of the finance, procurement or relevant operational function. If necessary, this may be further escalated to the relevant executive board member.
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
Ribble Valley Inns Limited is a registered restaurant and pub business operating a small group of inns in the Ribble Valley area, near Preston. Its own site describes a philosophy of using fresh, seasonal ingredients from local artisan suppliers to create menus blending traditional and contemporary dishes. The pubs offer regional cask ales, ciders and a wine list alongside food, with an emphasis on atmosphere, log fires in winter and outdoor dining in summer. The company also offers accommodation at its premises. It is registered under SIC code 56101, licensed restaurants, and has been active since 2003, with its trading base in Ribchester, Preston.
Generated from the company's website and Companies House records. Sources: ribblevalleyinns.com · ribblevalleyinns.com