TRAGO MILLS (SOUTH DEVON) LIMITED
Company Information
- Company Number
- 00902430
- Registered Address
- Trago Mills Twowatersfoot, Liskeard, Plymouth, Cornwall, PL14 6HY
- Status
- Active
- Employee Count
- 309
- Turnover
- £44,971,000
- EBITDA
- -£503,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 March 1967
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Supply Chain
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
TRAGO MILLS exhibits an average payment time of 40 days, indicating that a majority of payments consistently extend beyond standard 30-day terms. While 47% are paid within 30 days, a significant 42% fall into the 31-60 day bracket, suggesting a recurring trend of invoices being settled in the second month.
Volatility Analysis
With 25% of payments classified as late and 11% exceeding 60 days, there is a notable level of payment unpredictability and inherent risk for suppliers. This distribution indicates that although some invoices are settled promptly, a considerable portion will experience significant delays, impacting cash flow reliability.
Summary Analysis
Suppliers should anticipate an average 40-day payment cycle and factor in a one-in-four chance of late payment when engaging with TRAGO MILLS. It is recommended to establish clear payment terms, consider extending credit limits accordingly, or implement strategies like early payment discounts to mitigate potential cash flow strains.
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 |
|---|---|---|---|---|---|---|
| 26 Jun 2023 - 31 Dec 2023 | 19 Jan 2024 | 41 | 48% | 42% | 10% | 28% |
| 26 Dec 2022 - 25 Jun 2023 | 19 Jan 2024 | 40 | 47% | 42% | 11% | 25% |
| 27 Jun 2022 - 25 Dec 2022 | 31 May 2023 | 43 | 46% | 42% | 12% | 26% |
| 27 Dec 2021 - 26 Jun 2022 | 31 May 2023 | 46 | 43% | 41% | 15% | 31% |
| 28 Jun 2021 - 26 Dec 2021 | 06 Jun 2022 | 45 | 36% | 49% | 15% | 43% |
| 28 Dec 2020 - 27 Jun 2021 | 28 Oct 2021 | 55 | 35% | 42% | 22% | 43% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Feb 2020 | 42 | 46% | 40% | 14% | 42% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Oct 2019 | 45 | 42% | 43% | 15% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 01 May 2019 | 45 | 40% | 45% | 15% | 45% |
| 01 Jan 2018 - 30 Jun 2018 | 11 Sept 2018 | 40 | 47% | 42% | 11% | 38% |
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
Net Monthly
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
120
Dispute Resolution Process
If we are overcharged by more than £10, the invoice is held for a credit from the supplier.
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.
❌
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
TRAGO MILLS (SOUTH DEVON) LIMITED is an active private limited company. The company operates commercial retail establishments under the Trago Mills brand name.
Incorporated on 31 March 1967, the company is registered in the UK with company number 00902430. Its registered office is located at Trago Mills Twowatersfoot, Liskeard, Plymouth, Cornwall, PL14 6HY, situating its primary operations within the South West region.
Commercial retail establishments of this nature typically specialise in offering a diverse range of products to consumers. This often includes household goods, garden and DIY supplies, clothing, and various food items.
