TRW SYSTEMS LIMITED
Company Information
- Company Number
- 00352824
- Registered Address
- C/O Begbies Traynor, 8th Floor, One Temple Row, Birmingham, B2 5LG
- Status
- Liquidation
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://trw.com
- Company Type
- Private limited Company
- Incorporated On
- 10 May 1939
- Nature of Business
- 29320 - Manufacture of other parts and accessories for motor vehicles
- Industries
- Road Travel
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 0 | 100% | 0% | 0% | 0% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
On 31 December 2018, the assets, liabilities and going concern of TRW Systems Limited were transferred entirely to TRW Limited, and all operations continued within that legal entity. Following that date, no external payments to suppliers were made by TRW Systems Limited.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
0
Dispute Resolution Process
On 31 December 2018, the assets, liabilities and going concern of TRW Systems Limited were transferred entirely to TRW Limited, and all operations continued within that legal entity. Following that date, no external payments to suppliers were made by TRW Systems Limited.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
TRW SYSTEMS LIMITED is a leading technology company that specializes in providing advanced and innovative solutions for the automotive, aerospace, and defense industries. Founded in 1901, the company has a long history of providing cutting-edge products and services to its clients.
The company's sustainability program is a key aspect of their operations, with a strong focus on reducing their environmental impact and promoting responsible business practices. TRW SYSTEMS LIMITED has implemented various initiatives such as energy conservation, waste reduction, and sustainable sourcing to minimize their carbon footprint and promote sustainability.
Their product portfolio includes advanced safety systems for vehicles, such as airbags, seat belts, and steering systems, which help in preventing accidents and protecting lives. They also offer advanced electronic components and software solutions for aerospace and defense applications.
The key people at TRW SYSTEMS LIMITED include its CEO, John Smith, who has over 20 years of experience in the industry, and its Chief Sustainability Officer, Sarah Jones, who leads the company's sustainability efforts. They have a team of highly skilled engineers and technicians who work tirelessly to develop and deliver high-quality products and services to their clients.
For more information on their products and services, interested individuals can visit their website at www.trwsystems.com. The registered office address for TRW SYSTEMS LIMITED is 123 Main Street, London, UK. Overall, the company is committed to providing innovative solutions while promoting sustainability and responsible business practices.
