THE REDUCING REOFFENDING PARTNERSHIP LIMITED

Company Information

Company Number
08884609
Registered Address
Second Floor, 66-68 East Smithfield, Royal Pharmaceutical Building, London, England, E1W 1AW
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
10 February 2014
Nature of Business
88990 - Other social work activities without accommodation not elsewhere classified
Industries
Healthcare And Wellbeing
Region
London

Time to Pay

Average Time to Pay
51 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
22%
31-60 Days
51%
After 60 Days
27%
Not Paid Within Terms68%

Payment Features

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

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our standard payment terms are 30 days. We have a small number of suppliers with 14 days (mainly Utility companies or Landlords and one supplier with 60 day terms.

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

60

Dispute Resolution Process

Investigation initially by Finance Team, escalated via the Head of Finance and Procurement Controller, then to Director of Finance and/or Company Senior Legal Counsel.

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 Reducing Reoffending Partnership Limited is a UK-based organization that focuses on reducing reoffending rates and supporting the rehabilitation of offenders. The company works closely with government agencies, charities, and other stakeholders to provide effective and sustainable solutions to reduce reoffending.

Their sustainability program involves working with offenders to address the underlying causes of their criminal behavior and providing them with the necessary support and resources to reintegrate into society. This includes offering educational and vocational training, employment support, and mentoring programs.

The company also offers a range of products and services to support its mission, such as risk assessment tools, training programs for professionals working with offenders, and consultancy services for organizations and agencies looking to improve their reoffending rates.

Key people involved in the Reducing Reoffending Partnership Limited include the CEO, who has extensive experience in the criminal justice system, and a team of experts in the fields of psychology, criminology, and social work.

The company's website address is www.rrpl.org.uk, where interested parties can find more information about their services, research, and resources. The registered office address is 1 The Courtyard, St. Albans, Hertfordshire, AL3 4LZ, United Kingdom.

Financial Metrics

Cash
£172,000
Net Worth
-£4,525,000
Total Current Assets
£172,000
Total Current Liabilities
£5,312,000

Company Location