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Their own payment-practices filing · gov.uk

How long does Rci Bank UK Limited take to pay its suppliers?

CRN 11429127 · Financial services · 11 statutory reports on record · period to 30 Jun 2026

18days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
22 Jun 2018
Registered office
RIVERS OFFICE PARK DENHAM WAY, RICKMANSWORTH, WD3 9YS
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 18.

Stated terms30d
-12 days
Reported avg18d

At a glance

The key figures

30d
their stated terms
14%
invoices paid outside terms
±7d
variable pattern

Vs peers · latest reported averages

fasterslower
Faster than 67% of the 661 large companies reporting in financial services.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d
17
14
16
27
14
18
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 90% 31–60 days 6% 61+ days 4%

The read · computed from their figures

Rci Bank UK Limited has filed 11 statutory payment periods (earliest H1 2021). Their latest report puts the average at 18 days against stated terms of 30 days.

The pattern is steady — their reported average moves within about ±7 days period to period.

In the latest period 14% of invoices were paid outside their agreed terms, and 4% landed 61+ days out.

In their own words · from the filing

Standard payment terms

RCI Bank UK Limited’s policy for the payment of suppliers is as follows: • Payment terms will be agreed at the start of the relationship with the supplier and will only be changed by agreement. • Standard payment terms with suppliers of goods and services will be 30 days from receipt of correct invoice for satisfactory goods and services which have been ordered and received unless other terms are agreed in contract. • Payment will be made in accordance with the agreed terms or in accordance with the law if no agreement has been made; and • Suppliers will be advised without delay when an invoice is contested, and disputes will be settled as quickly as possible.

Dispute resolution

Suppliers are advised without delay when an invoice is contested with the aim of resolving the dispute as quickly as possible. Disputes are generally resolved with the department who has placed the order. If the matter cannot be resolved with the department, it will be escalated to senior management for resolution.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20261814%4%20 Jul 2026
H2 2025149%1%28 Jan 2026
H1 20252721%6%29 Jul 2025
H2 20241625%2%29 Jan 2025
H1 20241423%1%29 Jul 2024
H2 20231725%2%18 Jan 2024
H1 20231326%0%10 Jul 2023
H2 20222027%7%30 Jan 2023
H1 20222728%7%18 Jul 2022
H2 20211827%1%11 Feb 2022
H1 20211932%2%27 Jul 2021

Quick answers

Are they getting slower or faster?
Their reported average is steady — within about ±7 days period to period, around 18 days.
What's their typical pay point?
Their latest reports average around day 18, moving within about ±7 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

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RBS Invoice Finance Limited · Rci Financial Services Limited · RBC Global Asset Management (UK) Limited · Reassure Group PLC · RBC Europe Limited · Reassure Life Limited

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-11429127 · latest period to 30 Jun 2026

Verify the original Companies House file

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