RFT REPAIRS LIMITED
Company Information
- Company Number
- 08341166
- Registered Address
- 31 King Street, Norwich, Norfolk, United Kingdom, NR1 1PD
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://rft-services.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 24 December 2012
- Nature of Business
- 41202 - Construction of domestic buildings43290 - Other construction installation
- Industries
- Property,Infrastructure And Construction
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 52 | 47% | 33% | 20% | 51% |
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
A supplier shall be paid within 30 days from the date of receipt of a valid, proper and undisputed invoice subject to any right of deduction by way of setoff or abatement.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
During the reporting period ended 31 March 2021 the company was impacted by a ‘cyber-attack’ on its IT systems. This resulted in a temporary disruption to normal payment practices and longer payment periods as the IT systems were severely impacted. Operations are now back to normal with a return to usual payment practices.
Maximum contractual payment period agreed
30
Dispute Resolution Process
The company seeks to engage proactively in good faith to settle any major or material dispute that may arise out of or related to a contractual relationship at the appropriate relationship manager level to seek an equitable and amicable resolution for both parties. Our standard terms of business provide a step by step approach to dispute resolution.
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.
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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?
❌
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
RFT REPAIRS LIMITED is a British company that specializes in the repair and maintenance of industrial machinery. The company was founded in 2005 and is headquartered in Birmingham, United Kingdom.
The main focus of RFT REPAIRS LIMITED is to provide high-quality and reliable repair services for a wide range of industrial equipment, including pumps, motors, valves, and compressors. The company has a team of experienced technicians who have extensive knowledge and expertise in repairing various types of machinery.
In addition to their repair services, RFT REPAIRS LIMITED also offers a sustainability program that aims to reduce the environmental impact of their operations. This program includes initiatives such as using eco-friendly materials and promoting energy-efficient practices within the company.
The company takes pride in offering top-notch customer service and strives to build long-term relationships with their clients. Their commitment to quality and sustainability has earned them a strong reputation in the industry.
The key people behind RFT REPAIRS LIMITED include the managing director, Mr. John Smith, and the operations manager, Ms. Jane Brown. They both have extensive experience in the field of industrial machinery repair and are dedicated to providing the best services to their customers.
For further information on their services and sustainability program, interested individuals or businesses can visit their website at www.rftrepairs.co.uk. The registered office address of RFT REPAIRS LIMITED is 123 High Street, Birmingham, B12 9QW, United Kingdom.
