Published reports

RM PROPERTY AND FACILITIES SOLUTIONS LIMITED

Company number: 04235613

This information is as reported by the business, and responses are in their own words.

Reporting period:

1 April 2025 to 28 September 2025

Report filed on:

31 October 2025

Approved by:

Carla King

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: 46 days

Total value paid:

within 30 days: £10,200,000 (34%)
in 31 to 60 days: £19,600,000 (66%)
in 61 days or more: £100,000 (< 1%)

Invoices paid:

within 30 days: 17%
in 31 to 60 days: 81%
in 61 days or more: 2%

Late and disputed:

total value of payments due in the reporting period which have not been paid within the agreed period: £100,000
payments due in the reporting period which have not been paid within the agreed period: 2%
not made in the reporting period due to a dispute: 1%

Payment terms

Shortest standard payment periods

3 days

Longest standard payment period

63 days

Standard payment terms

Standard purchase order and contract terms – payment processed on 60 days

Were there any changes to the standard payment terms in the reporting period?

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

63 days

Payment processed on 60 days: longest payment period is 60 days from end of month

Any other information about payment terms

RM Property Facilities and Solutions Limited has a discretionary approach to use of standard payment terms. In contracts where the standard terms are not appropriate, particularly those involving smaller suppliers, a shorter payment period may be agreed. For example small specialist sub-contractors are processed on 7 days

Dispute resolution process

Complaints or concerns should be raised in the first instance with the Accounts Payables team, for which all suppliers have contact details. The Accounts Payables team will escalate where applicable to the Financial Controller, and the Procurement team.

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.

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?