REDS10 (UK) LIMITED carries an average payment time of 33 days, sitting just above the standard 30-day threshold and indicating a mild but consistent tendency toward slightly delayed settlement. The majority of payments (54%) fall within the 31–60 day band, suggesting that extended payment terms or processing delays are the norm rather than the exception for this company. Only 44% of invoices are settled within 30 days, meaning suppliers relying on prompt payment cycles should account for a typical additional 3–30 days beyond standard terms.
Payment behaviour is relatively predictable, with 98% of all invoices settled within 60 days and only 2% exceeding that window, indicating low exposure to serious late payment risk. The late payment rate of 2% is notably low, suggesting that while payments skew toward the slower end of the 31–60 day range, outright defaults or significantly overdue invoices are uncommon. Overall volatility is modest, making cash flow forecasting reasonably reliable, though suppliers should build in a buffer of up to 60 days when planning receivables.
REDS10 (UK) LIMITED presents a low-to-moderate payment risk profile, suitable for ongoing supplier engagement with appropriate credit terms set at 45–60 days rather than a strict 30-day expectation. The negligible over-60-day and late payment rates reduce the likelihood of bad debt exposure, making this a manageable customer relationship. To mitigate risk further, suppliers should issue invoices promptly, monitor the 31–60 day cohort closely, and consider light-touch payment reminders around the 30-day mark to encourage earlier settlement.
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 33 | 44% | 54% | 2% | 2% |
| 01 Oct 2024 - 31 Mar 2025 | 04 Jul 2025 | 34 | 34% | 61% | 5% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
14 days for labour agencies, 30 days standard, 45 days for specific subcontractors, 60 net monthly payment term for trade suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Value of payments made within 30 days represent 73% of total payments in the period, however based on transaction numbers is stands at 44%. Transactions paid between 31-60 days are mostly trade suppliers with lower value of invoices which represent 27% of total payments, however the transaction numbers are higher, hence 54% count. Transactions paid over 60 days are valued at 1% of the total payments, however these are mostly relating to trade suppliers, representing 2% of the total number of transactions paid in the period.
Maximum contractual payment period agreed
60
All suppliers/subcontractors can submit queries with regards to payments via online troubleshooting form. All queries are addressed within specified period by our Supply Chain Manager. Any complex disputes are escalated and handled by allocated commercial and finance team member depending on the nature of the dispute. We aim to resolve the query directly with the supplier/subcontractor and their accounts manager.
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
REDS10 (UK) Limited is a private limited company registered in London, incorporated in September 2006. Companies House records list its nature of business under SIC code 41201, construction of commercial buildings. The company was originally registered as REDS 10 Limited before adopting its current name in April 2013. It remains active, with accounts made up to 31 March each year and a confirmation statement filed annually. No further detail on specific projects, clients or trading operations is available from the evidence provided, so this summary is limited to what is confirmed in the official company record.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk