REESINK UK LTD
Company Information
- Company Number
- 09893219
- Registered Address
- 1 Station Road, St. Neots, England, PE19 1QF
- Status
- Active
- Employee Count
- 109
- Turnover
- £65,028,000
- EBITDA
- £9,022,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 November 2015
- Nature of Business
- 46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
- Industries
- Agriculture
- 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 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 40 | 47% | 41% | 12% | 32% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 41 | 47% | 41% | 12% | 52% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Jul 2024 | 42 | 43% | 49% | 8% | 0% |
| 31 Jul 2023 - 31 Dec 2023 | 09 Feb 2024 | 49 | 32% | 52% | 16% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Feb 2023 | 67 | 39% | 42% | 19% | 60% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 42 | 39% | 47% | 14% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 0 | 0% | 0% | 0% | 88% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 42 | 40% | 50% | 9% | 78% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 35 | 44% | 50% | 6% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 28 | 65% | 33% | 2% | 78% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 38 | 55% | 33% | 11% | 65% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 40 | 50% | 36% | 14% | 68% |
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
30 days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Our payment runs are prepared on a weekly basis to include figures due for payment up to the end of that week.
Maximum contractual payment period agreed
150
Dispute Resolution Process
Queries from suppliers are investigated by the finance department and internal checks are done to ensure that all goods or services have been received. Upon receipt of goods or services invoices are authorised and payment runs are completed on a weekly basis. Any queries are communicated to the correct internal departments and suppliers in order to resolve any issues as soon as possible
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
REESINK UK LTD is a leading company in the UK that specializes in the distribution of products and services for the agriculture, landscape, and irrigation sectors. The company is committed to sustainability and offers a range of innovative and eco-friendly solutions to its customers.
The company's sustainability program focuses on reducing its carbon footprint, promoting renewable energy, and minimizing waste through efficient use of resources. They also prioritize working with suppliers who share their commitment to sustainability.
REESINK UK LTD offers a wide range of products and services, including irrigation systems, turf maintenance equipment, and precision farming solutions. These products and services are designed to help customers improve their productivity while minimizing their impact on the environment.
The key people at REESINK UK LTD include Managing Director, Mark Dewsbury, and Operations Director, Rob Jackson. Both have extensive experience in the industry and are dedicated to driving the company's sustainability efforts.
To contact REESINK UK LTD, customers can visit their website at www.reesinkturfcare.co.uk or visit their registered office at 1-3 Station Road, St. Neots, Cambridgeshire, PE19 1QH. The company also has a strong online presence, with active social media accounts on platforms such as Twitter, LinkedIn, and YouTube.
In summary, REESINK UK LTD is a sustainable company that offers a wide range of products and services to the agriculture, landscape, and irrigation sectors. With a commitment to sustainability and a team of experienced professionals, the company is dedicated to providing innovative solutions to its customers while minimizing its impact on the environment.