TEXAS INSTRUMENTS LIMITED
Company Information
- Company Number
- 00574102
- Registered Address
- The Royals, 353 Altrincham Road, Manchester, M22 4BJ
- Status
- Active
- Employee Count
- 37
- Turnover
- £53,584,000
- EBITDA
- £2,274,000
Additional Details
- Website
- https://ti.com
- Company Type
- Private limited Company
- Incorporated On
- 12 November 1956
- Nature of Business
- 26110 - Manufacture of electronic components
- Industries
- Coming Soon
- Region
- North West
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 Jan 2025 - 30 Jun 2025 | 25 Aug 2025 | 36 | 7% | 90% | 3% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 26 | 1% | 98% | 1% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 28 | 2% | 96% | 2% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 27 | 97% | 1% | 2% | 6% |
| 01 Apr 2022 - 31 Dec 2022 | 25 Jan 2023 | 27 | 98% | 1% | 1% | 4% |
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
Standard payment terms are Net 30 meaning payment is due 30 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
In cases where an invoice is being disputed, Account Payable will contact the end user or recipient of the goods/service to establish exactly what was received to date and if there were any returns, discrepancies, damages, etc. All available documentation is gathered for comparison including invoice copies, packing slips, sales orders/PO quotes, proof of delivery, and/or supplier contracts, as available to identify the nature of the dispute (price/quantity discrepancy, date of service, material rejection, and unsatisfactory service/product). Barring any instance where legal, trade compliance, or ethics needs to be included, Accounts Payable will work with the supplier and the end user to establish any corrections, credit memos, or new documentation required to process payment to the supplier. If no payment will be made due to product failure, returns, or unsatisfactory services provided, the appropriate procurement team will work with all parties to come up with an amicable resolution.
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
Texas Instruments Limited is a leading global technology company that specializes in the design and manufacturing of semiconductors and integrated circuits
The company was founded in 1930 and has its headquarters in Dallas, Texas
It has a strong presence in the United Kingdom, with its registered office located in Bedford.\n\nThe company's sustainability program focuses on reducing its environmental impact through energy efficiency, waste reduction, and responsible sourcing of materials
In 2019, Texas Instruments Limited reduced its greenhouse gas emissions by 25% and achieved zero waste to landfill in all its manufacturing sites
It also actively promotes diversity and inclusion within its workforce and has received recognition for its efforts in this area.\n\nTexas Instruments Limited offers a wide range of products and services, including microcontrollers, processors, sensors, and power management solutions
These products are used in various industries such as automotive, healthcare, and industrial automation
The company is known for its innovation and has a strong commitment to research and development, investing over $3 billion annually.\n\nThe key people at Texas Instruments Limited include Brian Crutcher, the Chairman, President, and CEO, and Rafael Lizardi, the Senior Vice President and Chief Financial Officer
The company has a team of over 30,000 employees globally, with a diverse and talented workforce dedicated to driving the company's success.\n\nCustomers and investors can contact Texas Instruments Limited through their website, where they can find information about their products and services, as well as the company's financial reports and news updates
The registered office address for Texas Instruments Limited in the UK is located at New Green Park, Newport Pagnell Road West, Milton Keynes, MK15 0AF.\n\nIn summary, Texas Instruments Limited is a leading technology company with a strong commitment to sustainability, innovation, and diversity
Through their wide range of products and services and dedicated workforce, they continue to be a key player in the global technology industry
