The average time to pay for RECKITT BENCKISER (RUMEA) LIMITED has fluctuated over the past three periods, with an increase in 2019 and a decrease in 2021. The percentage of invoices paid within 30 days has also fluctuated, with a significant increase in 2018 and a steady decrease in 2019 and 2021. The percentage of invoices paid between 31 and 60 days has remained relatively consistent, while the percentage of invoices paid later than 60 days has drastically increased in 2019. The percentage of invoices not paid within agreed terms has also increased, indicating potential issues with timely payments.
The data for RECKITT BENCKISER (RUMEA) LIMITED shows a high level of volatility in terms of the average time to pay and the percentage of invoices paid within 30 days. This could be due to changes in payment processes or external factors affecting the company's ability to pay suppliers on time.
From the data, it can be seen that RECKITT BENCKISER (RUMEA) LIMITED improved their payment performance in 2018, with a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days. However, there was a significant decline in 2019, with the average time to pay increasing to 55 days and the percentage of invoices paid within 30 days dropping to 0%. This period also had the highest percentage of invoices paid later than 60 days, indicating potential issues with timely payments. The shortest standard payment period for the company has remained consistent at 30 days.
| 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 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | |||||
| 01 Jun 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 55 | 0% | 33% | 67% | 67% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 25 | 76% | 22% | 2% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 30 | 62% | 37% | 1% | 40% |
Reckitt Benckiser Rumea Limited is a UK-registered company with the stated business activity of head office functions, according to Companies House records. It forms part of the wider Reckitt corporate group, whose parent, Reckitt, describes itself as a global health and hygiene company selling well-known consumer health, hygiene and nutrition brands. There is no evidence that this specific entity trades directly with customers; its role appears to be an internal group or holding function rather than a customer-facing operating business. No further detail on its specific activities within the group is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: rb.com