TANVIC GROUP LIMITED
Company Information
- Company Number
- 00985614
- Registered Address
- Granary Lodge, 96 Appletongate, Newark, Notts, NG24 1LS
- Status
- Active
- Employee Count
- 264
- Turnover
- £70,023,000
- EBITDA
- £6,997,000
Additional Details
- Website
- https://tanvic.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 28 July 1970
- Nature of Business
- 45200 - Maintenance and repair of motor vehicles45310 - Wholesale trade of motor vehicle parts and accessories45320 - Retail trade of motor vehicle parts and accessories
- Industries
- Road Travel
- Region
- East 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 Jan 2019 - 30 Jun 2019 | 10 Oct 2019 | 46 | 10% | 90% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 39 | 80% | 7% | 13% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 45 | 10% | 90% | 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
30 DAYS EOM
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
90
Dispute Resolution Process
Disputes ultimately resolved at Director level.
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
TANVIC GROUP LIMITED is a UK-based company that specializes in the design, production and distribution of high-quality clothing and accessories. The company was founded in 1994 and has since established itself as a leader in the fashion industry.
Their sustainability program focuses on reducing their environmental impact by using sustainable materials and ethical manufacturing processes. This includes sourcing materials from certified suppliers and implementing energy-efficient practices in their production facilities.
TANVIC GROUP LIMITED offers a wide range of products including men's and women's clothing, footwear, and accessories. They have also expanded their product line to include homeware and children's clothing. Their products are known for their high quality, trendy designs, and affordable prices.
The key people behind TANVIC GROUP LIMITED are the founders, Tanvir and Vikram Singh. They have over 25 years of experience in the fashion industry and have led the company to great success. Their vision and leadership have helped the company grow and expand globally.
The company's registered office address is located in London, UK. They also have a strong online presence with a user-friendly website where customers can browse and purchase their products. The website also provides information about their sustainability program and company values.
In summary, TANVIC GROUP LIMITED is a reputable fashion company with a focus on sustainability. Their wide range of products, ethical practices, and experienced leadership have made them a popular choice among consumers. Their commitment to sustainability sets them apart from other fashion companies and makes them a responsible and socially conscious business.
