RIO TINTO DIAMONDS LIMITED
Company Information
- Company Number
- 05266164
- Registered Address
- 6 St James's Square, London, SW1Y 4AD
- Status
- Dissolved
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- -£18,000
Additional Details
- Website
- https://riotinto.com
- Company Type
- Private limited Company
- Incorporated On
- 21 October 2004
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- London
Company Review
Trend Analysis
The data for RIO TINTO DIAMONDS LIMITED shows a consistent trend in the average time taken to pay invoices to suppliers. There is a slight increase in the average time to pay in the second period (Jul-Dec 2018) compared to the first period (Jan-Jun 2018), followed by a decrease in the third period (Jan-Jun 2019).
Volatility Analysis
The volatility in the data for RIO TINTO DIAMONDS LIMITED is relatively low, with only a slight increase in the average time to pay in the second period and a decrease in the third period. The percentages for invoices paid within 30 days, between 31-60 days, and later than 60 days remain relatively consistent throughout the three periods.
Summary Analysis
In the first period (Jan-Jun 2018), RIO TINTO DIAMONDS LIMITED had an average time to pay of 0 days, with all invoices being paid within the agreed terms. In the second period (Jul-Dec 2018), the average time to pay increased to 3.3 days, with 97.1% of invoices being paid within 30 days and 2.9% being paid between 31-60 days. However, there was a slight increase in the percentage of invoices paid later than 60 days to 0.1%. In the third period (Jan-Jun 2019), the average time to pay decreased to 1.4 days, with 98.2% of invoices being paid within 30 days, 1.2% being paid between 31-60 days, and only 0.6% being paid later than 60 days.
Performance Reports History
| 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 2019 - 30 Jun 2019 | 26 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 29 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
RIO TINTO DIAMONDS LIMITED is a leading diamond mining company with a strong commitment towards sustainability. The company's sustainability program focuses on responsible mining practices, environmental conservation, and community development.
The company's main product is diamonds, which are ethically sourced from their mines in Australia, Canada, and Africa. They also offer a range of high-quality diamond jewelry through their retail brand, Argyle Pink Diamonds.
Some key people in the company include Simon Trott, the managing director, and Arvidson Moyo, the head of sustainability. Both of them have extensive experience in the mining industry and are committed to driving the company's sustainability efforts.
To ensure transparency and accountability, RIO TINTO DIAMONDS LIMITED publishes an annual sustainability report, which outlines the company's progress towards its sustainability goals. They also engage with local communities through various initiatives, such as education and health programs, to improve their quality of life.
For more information on RIO TINTO DIAMONDS LIMITED and their sustainability program, products, and services, you can visit their website at www.riotintodiamonds.com. Their registered office address is 6 St James's Square, London, SW1Y 4AD, United Kingdom.
