RIDDINGTONS CIS & PAYROLL SOLUTIONS UK LTD

PaymentCheck Score 2025
100Excellent
vs last year
#91 in UK
#15 in Financial Services
#21 in South East

Company Information

Company Number
10179530
Registered Address
The Old Barn, Off Wood Street, Swanley Village, Kent, United Kingdom, BR8 7PA
Status
Active
Employee Count
2,557
Turnover
£153,167,000
EBITDA
£888,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 May 2016
Nature of Business
43999 - Other specialised construction activities not elsewhere classified
Industries
Financial Services,Professional Services
Region
South East

Time to Pay

Average Time to Pay
5 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms0%

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: 2024-12-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202502 Jul 2025499%1%0%0%
01 Jun 2024 - 30 Nov 202423 Dec 2024599%1%0%0%
01 Dec 2023 - 31 May 202424 Jun 2024599%1%0%0%
01 Jun 2023 - 30 Nov 202304 Dec 2023599%1%0%0%

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

We do not have standard payment terms of contract, these are set by our suppliers, under their preferred payment terms. Our most frequent payment terms are 30 days.

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

365

Dispute Resolution Process

When any issues or discrepancies are found, we notify our supplier with details of the dispute and discuss a resolution to the issue. We always aim to resolve any issues within our standard terms.

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

RIDDINGTONS CIS & PAYROLL SOLUTIONS UK LTD is a UK-based company that specializes in providing comprehensive CIS (Construction Industry Scheme) and payroll solutions to businesses. Founded in 2005, the company has established itself as a trusted partner for companies in the construction industry, offering efficient and cost-effective solutions for managing their CIS and payroll requirements.

One of the key aspects of RIDDINGTONS CIS & PAYROLL SOLUTIONS UK LTD is its strong commitment to sustainability. The company recognizes the impact of its operations on the environment and strives to minimize it by implementing sustainable practices. This includes reducing paper usage, recycling, and using eco-friendly products and services.

The company offers a range of services to its clients, including CIS registration and verification, payroll processing, tax compliance, and construction industry training. Their services are tailored to meet the specific needs of each business and are delivered by a team of experienced and knowledgeable professionals.

The key people behind RIDDINGTONS CIS & PAYROLL SOLUTIONS UK LTD are the company's directors, Mr. Mark Riddington and Mrs. Karen Riddington. With their expertise and industry experience, they have led the company to become a leading provider of CIS and payroll solutions in the UK.

The company's website, www.riddingtons.co.uk, provides detailed information about their services, as well as resources and tools for businesses to manage their CIS and payroll requirements effectively. Their registered office address is located in Basildon, Essex, and contact information can be found on their website.

In summary, RIDDINGTONS CIS & PAYROLL SOLUTIONS UK LTD is a reputable company that offers reliable and sustainable CIS and payroll solutions to businesses in the construction industry. With its experienced team and commitment to sustainability, the company continues to be a trusted partner for businesses looking to streamline their CIS and payroll processes.

Financial Metrics

Cash
£6,162,476
Net Worth
£585,236
Total Current Assets
£13,831,963
Total Current Liabilities
£13,238,336

Company Location