Score of 82.3/100 qualifies for PaymentCheck Certification
| 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 2024 - 30 Jun 2024 | 30 Jul 2024 | 31 | 82% | 12% | 7% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 32 | 80% | 13% | 7% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 28 | 85% | 11% | 4% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 31 | 81% | 13% | 6% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 29 | 81% | 15% | 5% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 33 | 71% | 22% | 8% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 34 | 73% | 18% | 9% | 25% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 33 | 73% | 20% | 7% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our default payment terms are 60 days, but some supplier are on paid when paid terms, and this can lead to a longer payment period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Where there is a dispute over deliverables on a project, our Project Manager will lead the discussion with their technical contact at the suppliers. Where there is a dispute with presentation of an invoice (such as formatting, missing PO number etc), the Finance team will address the issue with the supplier.
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
RICARDO-AEA LIMITED is a leading global environmental consultancy firm based in the United Kingdom. They provide expert advice and services to a wide range of clients in the public and private sectors, helping them to achieve sustainable and environmentally responsible practices.
The company's sustainability program is at the core of their operations, with a strong focus on reducing carbon emissions, promoting renewable energy, and improving resource efficiency. They work closely with clients to develop sustainable solutions that meet their specific needs and goals.
RICARDO-AEA offers a diverse range of products and services, including environmental assessments, air quality monitoring, waste management, and sustainability training. They also specialize in areas such as climate change, water management, and biodiversity conservation.
The key people at RICARDO-AEA include the CEO, Dave Shemmans, who has over 30 years of experience in the environmental consulting industry. The company also has a team of highly qualified and experienced consultants who are experts in their respective fields.
To contact RICARDO-AEA, their website address is www.ricardo-aea.com. Their registered office address is Shoreham Technical Centre, Shoreham-by-Sea, West Sussex, BN43 5FG, UK.
In conclusion, RICARDO-AEA LIMITED is a reputable and innovative environmental consultancy firm that is committed to promoting sustainability and providing high-quality services to their clients. With their strong focus on sustainability and a team of experienced professionals, they continue to make a positive impact on the environment and society.