RS INTEGRATED SUPPLY UK LIMITED
Company number: 04188491
Reporting period:
1 October 2025 to 31 March 2026
Report filed on:
3 June 2026
Approved by:
Claire Watt
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: 88 days
Total value paid:
- within 30 days: £19,230,003 (19%)
- in 31 to 60 days: £27,583,438 (27%)
- in 61 days or more: £56,801,087 (55%)
Invoices paid:
- within 30 days: 10%
- in 31 to 60 days: 16%
- in 61 days or more: 74%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £73,333,834
- payments due in the reporting period which have not been paid within the agreed period: 82%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
120 days
Standard payment terms
Contractual terms range between 60 days and 90 days end of month from date of invoice. For Ad Hoc purchases 60 days end of month 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
120 days
No further comment provided
Any other information about payment terms
Payment runs are typically executed on Wednesdays, with funds clearing on Fridays. These runs include invoices due up to the following Sunday. As a result, invoices with due dates between Monday and Thursday are generally paid within the same week; however, due to the timing of the clearing cycle, they are often settled marginally after their contractual due date.
In addition, month-end payment runs are scheduled to clear on the first day of the following month. Consequently, these payments are also completed shortly after the stated due dates.
If these marginal timing differences are adjusted for—by applying a 7-day grace period—the proportion of payments made outside agreed payment terms within the reporting period would decrease to approximately 16%.
Dispute resolution process
The company operates a vendor document manager that serves as the initial point for managing invoice queries before invoices are posted to the ERP system. Within this portal:
• Each invoice query is categorised using a defined query type.
• The query is then automatically routed (workflow-based) to the appropriate responsible individual.
• The assigned individual collaborates directly with the vendor to investigate and resolve the issue.
Once the query is resolved, the invoice is progressed for posting and payment in the ERP system.
The Accounts Payable (AP) team is responsible for overseeing this process and is measured against internal KPIs focused on resolving invoice queries as quickly and efficiently as possible.
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