RBB ECONOMICS LLP
Company Information
- Company Number
- OC315356
- Registered Address
- 199 Bishopsgate, London, EC2M 3TY
- Status
- Active
- Employee Count
- 212
- Turnover
- £82,006,000
- EBITDA
- £44,592,000
Additional Details
- Website
- https://www.rbbecon.com/
- Company Type
- Limited liability partnership
- Incorporated On
- 26 September 2005
- Industries
- Data, Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
RBB ECONOMICS LLP has shown a decreasing trend in the average time taken to pay invoices over the past three periods, with a decrease of 1.5 days from 2017-2018 to 2018-2019. However, there was a slight increase of 1.5 days between 2018-2019 and 2019-2020.
Volatility Analysis
The company has shown a low level of volatility in terms of the average time taken to pay invoices, with only a 1.5 day difference between the highest and lowest values over the past three periods. In terms of the percentage of invoices paid within 30 days, there has been no significant change over the past three periods.
Summary Analysis
From 2017-2018 to 2018-2019, RBB ECONOMICS LLP has shown a slight decrease in the average time taken to pay invoices, with a decrease of 1.5 days. However, there was a slight increase of 1.5 days from 2018-2019 to 2019-2020. The company has consistently paid the majority of their invoices within 30 days, with an average of 72.7% over the past three periods. There has been a decrease in the percentage of invoices paid between 31 and 60 days, from 23% in 2017-2018 to 21% in 2018-2019. The most significant change has been in the percentage of invoices paid later than 60 days, with a decrease from 8% in 2018-2019 to 0% in 2019-2020. The company has consistently not had any invoices paid beyond the agreed terms, with a 0% average over the past three periods.
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 Apr 2017 - 31 Mar 2018 | 30 Oct 2018 | 27 | 73% | 23% | 4% | 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
Our most frequent supplier payment terms are 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
not applicable
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.
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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?
❌
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
RBB ECONOMICS LLP is a leading consultancy firm in the UK, providing economic analysis and advice to clients in a wide range of industries. The company is committed to sustainability and has a strong focus on providing environmentally friendly solutions to its clients.
The sustainability program at RBB ECONOMICS LLP includes measures such as reducing carbon footprint, promoting sustainable practices in client projects, and using renewable energy sources. The company also offers sustainability consulting services to help clients achieve their sustainability goals.
RBB ECONOMICS LLP offers a variety of products and services, including economic research and analysis, competition and regulatory advice, and expert witness services. Their team of experienced economists and consultants work closely with clients to provide tailored solutions that meet their specific needs.
The key people at RBB ECONOMICS LLP include the founding partners, Dr. Roger Hill and Dr. Adrian Majumdar, who have a wealth of experience in economics and competition law. They are supported by a team of highly skilled professionals who are dedicated to providing high-quality services to clients.
The company's website, www.rbbeconomics.co.uk, provides detailed information about their services, team, and past projects. Their registered office address is 1 Fleet Place, London, EC4M 7RA, United Kingdom.
In summary, RBB ECONOMICS LLP is a reputable consultancy firm in the UK that is committed to sustainability. They offer a range of services to clients, led by a team of experienced and knowledgeable economists and consultants. With a strong emphasis on sustainability, RBB ECONOMICS LLP is a reliable and responsible partner for businesses looking for economic advice and analysis.
