TI GROUP AUTOMOTIVE SYSTEMS (UK) LIMITED
Company Information
- Company Number
- 00784687
- Registered Address
- 4650 Kingsgate Cascade Way, Oxford Business Park South, Oxford, Oxfordshire, OX4 2SU
- Status
- Active
- Employee Count
- 109
- Turnover
- £13,427,000
- EBITDA
- £965,000
Additional Details
- Website
- https://tiautomotive.com
- Company Type
- Private limited Company
- Incorporated On
- 16 December 1963
- Nature of Business
- 24200 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Industries
- Road Travel
- Region
- South East
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 2018 - 30 Jun 2018 | 27 Jul 2018 | 49 | 9% | 71% | 20% | 28% |
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
The TI Fluid Systems Plc standard terms and conditions is available at https://www.tiautomotive.com/supplier-resource-center/
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
60
Dispute Resolution Process
The TI Fluid Systems Plc standard terms and conditions is available at https://www.tiautomotive.com/supplier-resource-center/
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.
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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.
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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
TI Group Automotive Systems (UK) Limited is a leading provider of fluid storage and delivery systems for the automotive industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes initiatives such as waste reduction, energy efficiency, and responsible sourcing of materials. They have also invested in renewable energy sources and implemented recycling programs to further reduce their carbon footprint.
The company offers a wide range of products and services, including fuel tanks, filler pipes, and fluid transfer systems. These products are designed to meet the highest quality and safety standards, and are used by major automotive manufacturers around the world.
The key people at TI Group Automotive Systems (UK) Limited include the Managing Director, Andrew Reynolds-Smith, and the Director of Operations, David Watson. Both have extensive experience in the automotive industry and are committed to driving the company's sustainability efforts.
The company's website address is www.tiplastics.co.uk, where customers can find more information about their products and services. The registered office address is TI Group Automotive Systems (UK) Limited, Wood Lane, Erdington, Birmingham, B24 9QL, United Kingdom.
In summary, TI Group Automotive Systems (UK) Limited is a leading automotive supplier with a strong focus on sustainability. Their commitment to reducing their environmental impact, along with their high-quality products and experienced leadership team, makes them a trusted partner for automotive manufacturers.
