THE RIGHT FUELCARD COMPANY LIMITED
Company Information
- Company Number
- 07547124
- Registered Address
- Suite 1a One The Embankment, Leeds, England, LS1 4DW
- Status
- Active
- Employee Count
- 85
- Turnover
- £22,771,000
- EBITDA
- £12,732,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 March 2011
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
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 2021 - 30 Jun 2021 | 30 Jul 2021 | 29 | 64% | 36% | 0% | 0% |
| 01 Jun 2019 - 31 Dec 2019 | 29 Jan 2020 | 29 | 65% | 35% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | 29 | 65% | 35% | 0% | 1% |
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
The Right Fuelcard Company Ltd's (TRFC) standard payment terms are thirty days from receipt of a valid and accurate invoice. The majority of TRFC's suppliers collect payments by direct debit.
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
52
Dispute Resolution Process
Any payment or transactional disputes are reviewed by the finance team who seek to resolve the issue directly with the supplier. A dispute which cannot be resolved by the finance team, is escalated to the Managing Director
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
The Right Fuelcard Company Limited is a leading UK-based fuel card provider that offers a range of services and products to help businesses manage their fuel expenses efficiently. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes promoting the use of alternative fuels, such as electric and hybrid vehicles, and encouraging their clients to reduce their carbon footprint through efficient fuel management. The company also invests in eco-friendly technologies and participates in carbon offsetting schemes.
The Right Fuelcard Company Limited offers a variety of fuel cards to suit the needs of different businesses, including the Allstar One fuel card, Keyfuels fuel card, and their own branded fuel card. These cards provide access to a wide network of fuel stations across the UK and Europe, offering competitive fuel prices and convenient online account management.
The company is led by a team of experienced professionals, including Managing Director, Steve Clarke, and Commercial Director, Mark Ford. They are dedicated to providing excellent customer service and innovative solutions to help businesses save time and money on their fuel expenses.
The Right Fuelcard Company Limited can be contacted through their website, which also provides information on their products and services. Their registered office address is located in Chesterfield, UK. Overall, the company is a trusted and reliable partner for businesses looking to streamline their fuel management and contribute to a more sustainable future.
