RMPA SERVICES PLC
Company number: 04943863
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
2 October 2025
Approved by:
Vanessa Menzies
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? Yes
Payment statistics
Average time taken to pay invoices: 25 days
Total value paid:
- within 30 days: £20,877,702 (97%)
- in 31 to 60 days: £648,229 (3%)
- in 61 days or more: £95,453 (< 1%)
Invoices paid:
- within 30 days: 81%
- in 31 to 60 days: 16%
- in 61 days or more: 3%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £95,453
- payments due in the reporting period which have not been paid within the agreed period: 3%
- not made in the reporting period due to a dispute: 1%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
The standard payment terms are 30 days from receipt of a valid invoice. There are not any contractual agreements outside of the standard payment terms and there have not been any changes to the terms during the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Retention clauses
How does this business use retention clauses?
All construction contracts include retention clauses.
Does this business only use retention clauses in construction contracts above a specific contract sum?
No
Does this business use a standard percentage rate in retention clauses?
Yes: 5%
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
Yes:
Retention clauses in construction contracts with suppliers are no more onerous than the retention clauses applied to RMPA on the same project. Noting that as RMPA tends to be the end user, we do not usually have 'upstream' contracts
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
5% retention is held on all payments, 2.5% is released on completion of the works and the balance of 2.5% is released after one year.
Is the money released in stages?
Yes:
As above 2.5% on completion, 2.5% after 1 year.
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
0%
Amount retained stated as a percentage of the total construction payments made by this business
5%
Dispute resolution process
If an invoice is disputed the supplier is informed of the reason for the dispute typically within 7 days and advised who the invoice has been passed to for review. RMPA will then liaise with the supplier to resolve the dispute.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No