RS COMPONENTS LIMITED
Company number: 01002091
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
20 October 2025
Approved by:
Elaine Pointon
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 63 days
Total value paid:
- within 30 days: £77,442,701 (18%)
- in 31 to 60 days: £133,920,863 (31%)
- in 61 days or more: £223,641,086 (51%)
Invoices paid:
- within 30 days: 16%
- in 31 to 60 days: 33%
- in 61 days or more: 51%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £59,124,597
- payments due in the reporting period which have not been paid within the agreed period: 6%
- not made in the reporting period due to a dispute: 3%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
Answer not provided
Standard payment terms
60 Days EOM from date of invoice
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
180 days
N/A
Any other information about payment terms
i. 97% of invoices due in period were paid before, on, or within 7 days of due date.
Dispute resolution process
The first point of contact for disputes is Accounts Payable’s Query Resolution team. They may involve other relevant parties as necessary such as RS Group purchasing department or the Supplier’s credit control department.
The RS Accounts Payable Query Resolution team is accessible via the accounts.payable@rs.rsgroup.com email address.
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.
Yes
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.
Yes
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