RYOBI ALUMINIUM CASTING (UK), LIMITED demonstrates a heavily back-weighted payment pattern, with 62% of invoices settled beyond 60 days and an average payment time of 73 days, indicating a structural tendency toward extended payment cycles. Only 13% of payments are made within 30 days, suggesting that early or on-time settlement is the exception rather than the norm. This pattern points to a consistent and entrenched slow-payment behavior rather than a temporary or improving trend.
Despite the slow average payment time, the notably low late payment rate of just 1% suggests that while payments are delayed, they are ultimately made in a predictable and reliable manner. The concentration of 87% of payments beyond 30 days indicates low volatility in the sense that suppliers can reasonably anticipate extended wait times as standard practice. The primary risk is cash flow strain for suppliers rather than default or non-payment risk.
Suppliers engaging with RYOBI ALUMINIUM CASTING (UK), LIMITED should treat a 60–90 day payment window as the effective baseline when planning cash flow, given the 73-day average and the dominance of over-60-day settlements. The near-negligible late payment rate of 1% reduces default risk, making this a manageable but costly relationship for suppliers with tight liquidity requirements. To mitigate risk, suppliers should consider negotiating early payment incentives, building extended terms into pricing structures, or securing credit insurance to offset the working capital impact of prolonged payment cycles.
| 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 | 29 Jul 2025 | 73 | 13% | 25% | 62% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payments are made on the basis of 45 days from the month end of the invoice date
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
45
Query raised with colleague internally and asked to resolve Back up or assistance provided by finance department as required
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Ryobi Aluminium Casting (UK), Limited is a Northern Ireland registered manufacturer engaged in the casting of light metals and the production of other parts and accessories for motor vehicles. Companies House records list its nature of business under casting of light metals and manufacture of motor vehicle parts and accessories, indicating it operates as an aluminium die casting facility supplying components into the automotive supply chain. The company was incorporated in March 1990 and remains active, with directors and a secretary largely of Japanese nationality, consistent with its name referencing the Ryobi group. No further detail on specific products, customers or trading volumes is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk