RENEWABLE TRANSPORT FUEL SERVICES LIMITED
Company number: 10726249
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
8 December 2025
Approved by:
Philip Eystein FJELD
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £2,116,194
- payments due in the reporting period which have not been paid within the agreed period: 9%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
30 days
Standard payment terms
Standard payment terms are 30 days after delivery of the product
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
Dispute resolution process
Our approach to dispute resolution is grounded in cooperation and good faith. In the event of a disagreement, we will make every reasonable effort to resolve the issue amicably and directly with the counterpart through dialogue and negotiation. Litigation is considered a last resort, and while we reserve the right to pursue legal remedies through the courts if necessary, such action is rare and only taken when all other avenues have been exhausted
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.
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