REDCENTRIC SOLUTIONS LIMITED

PaymentCheck Score 2025
70Fair
6.1vs last year
#2425 in UK
#39 in Information Technology
#94 in Yorkshire and The Humber

Company Information

Company Number
08322856
Registered Address
Central House, Beckwith Knowle, Harrogate, North Yorkshire, HG3 1UG
Status
Active
Employee Count
469
Turnover
£135,619,000
EBITDA
£12,841,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 December 2012
Nature of Business
62020 - Information technology consultancy activities
62030 - Computer facilities management activities
62090 - Other information technology service activities
63110 - Data processing, hosting and related activities
Industries
Information Technology,Telecommunications And Data,Professional Services,Safety And Security,Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
45 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
72%
31-60 Days
26%
After 60 Days
2%
Not Paid Within Terms23%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202516 Oct 20254165%32%3%32%
01 Oct 2024 - 31 Mar 202508 Apr 20254572%26%2%23%
01 Oct 2023 - 31 Mar 202407 Jun 20244648%44%8%52%
01 Apr 2023 - 30 Sept 202309 Nov 20235029%52%19%71%
01 Apr 2021 - 30 Sept 202127 Oct 2021499%71%20%84%
01 Oct 2020 - 31 Mar 202130 Apr 20215110%71%19%82%

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

Standard payment terms agreed are either 30 days or 60 days from END OF MONTH of invoice

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

Dispute Resolution Process

Redcentric Solutions Limited uses a group email address (accountspayable@redcentricplc.com) to which it directs all accounts payable queries and disputes. All queries or disputes referred to this address are then picked up in a timely manner by a member of the accounts team in the first instance. If the dispute is not able to be resolved at this level it is escalated within the group's finance team (ultimately to the Central Finance Director or Chief Financial Officer)

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

REDCENTRIC SOLUTIONS LIMITED is a UK-based company that provides IT infrastructure and cloud solutions to businesses and organizations. The company was founded in 2005 and has since become a leading provider of technology services with a focus on sustainability.

The company's sustainability program is based on reducing their environmental impact and promoting sustainable practices within their operations. They have implemented energy efficient measures in their data centers, reduced their carbon emissions through remote working and use of renewable energy sources, and have a recycling program in place.

REDCENTRIC SOLUTIONS LIMITED offers a wide range of products and services including cloud hosting, managed services, network and connectivity solutions, and consulting services. They have a strong focus on security and data protection, ensuring their clients' information is safe and secure.

The key people at REDCENTRIC SOLUTIONS LIMITED include the CEO, Tony Weaver, and the COO, Mark Hall, who have a combined experience of over 50 years in the technology industry. They lead a team of highly skilled and experienced professionals who are committed to providing top-notch services to their clients.

For more information on their products and services, interested parties can visit their website at www.redcentricplc.com. The company's registered office address is located at Central House, Beckwith Knowle, Otley Road, Harrogate, HG3 1UD, United Kingdom.

In conclusion, REDCENTRIC SOLUTIONS LIMITED is a reputable and sustainable company that offers a wide range of IT solutions to businesses and organizations. With their focus on sustainability and a team of experienced professionals, they continue to be a top choice for companies looking to enhance their technology infrastructure.

Financial Metrics

Cash
£1,020,000
Net Worth
£24,152,000
Total Current Assets
£40,719,000
Total Current Liabilities
£33,084,000

Company Location