| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 30 | 65% | 30% | 5% | 12% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 32 | 62% | 36% | 2% | 12% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 35 | 59% | 37% | 4% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 01 Aug 2024 | 41 | 60% | 34% | 6% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 38 | 53% | 38% | 9% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 15 Aug 2023 | 42 | 57% | 35% | 8% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 32 | 68% | 25% | 7% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 35 | 66% | 29% | 5% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 50 | 31% | 47% | 22% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 54 | 23% | 47% | 30% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 39 | 41% | 50% | 9% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 39 | 53% | 35% | 12% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 44 | 37% | 51% | 12% | 51% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 45 | 38% | 52% | 10% | 52% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 43 | 37% | 54% | 9% | 52% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company does not use standard payment terms; payment terms are agreed with each individual supplier depending on the nature of the goods/services supplied and the contract involved. Ringway Jacobs utilises both local as well as national suppliers and hence payment terms will vary.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No
Maximum contractual payment period agreed
60
Disputes would generally be raised to the procurer of the goods/services or the Accounts Payable team depending on the nature of the issue. They will review the disputed item(s) to see if it can be resolved quickly with the vendor and payment can be made. If this is not possible due to the dispute involving non-performance of contract or pricing differences for example, the dispute will be referred to Senior Project Managers/Senior Corporate Managers and if required our Legal department. Ringway Jacobs aim to resolve all vendor disputes as quickly as possible.
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
RINGWAY JACOBS LIMITED is a leading infrastructure and highways service provider based in the United Kingdom. The company was formed in 2011 as a joint venture between Ringway and Jacobs, two established companies in the industry. It operates under a long-term contract with local authorities and is responsible for maintaining and improving the country's road networks.
The company offers a wide range of services including road maintenance, construction, and design. They also provide services such as winter maintenance, street lighting, and traffic management. RINGWAY JACOBS LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team that works towards reducing carbon emissions, waste, and promoting sustainable practices in their operations.
One of their key products is the Ringway Environmental Management System (REMS), which helps to monitor and manage environmental impacts across their projects. They also offer sustainable solutions such as recycled materials for road construction and energy-efficient street lighting. RINGWAY JACOBS LIMITED is also involved in community engagement and supports local charities and schools through various initiatives.
The company is led by a team of experienced professionals, including CEO Mike Notman and Managing Director Simon Tait. They have a strong focus on health and safety, quality, and customer satisfaction. RINGWAY JACOBS LIMITED has a 24-hour customer service helpline to ensure prompt response to any issues.
Their registered office address is Ringway House, Silkwood Park, Fryers Way, Wakefield, West Yorkshire, WF5 9TJ. Their website is www.ringway-jacobs.co.uk, where customers can find more information about their services and sustainability initiatives. Overall, RINGWAY JACOBS LIMITED is a trusted and reliable company that prioritizes sustainability and delivering high-quality services to their clients.
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