TARGET GROUP LIMITED
Company Information
- Company Number
- 01208137
- Registered Address
- Imperial Way, Coedkernew, Newport, Wales, NP10 8UH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 April 1975
- Nature of Business
- 62012 - Business and domestic software development63110 - Data processing, hosting and related activities
- Industries
- Coming Soon
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
TARGET GROUP LIMITED demonstrates a generally prompt payment trend, settling invoices in an average of 28 days with 77% completed within 30 days. However, a significant 23% of payments are consistently late, with 5% extending beyond 60 days. This indicates a dual trend where most transactions are timely, but a notable portion experiences delays.
Volatility Analysis
While 77% of payments within 30 days offer high predictability for the majority of transactions, the 23% late payments introduce a degree of unreliability. Suppliers face a moderate but consistent risk of payment delays, particularly given that 5% of invoices are paid over 60 days, impacting cash flow forecasting for a subset of their business with this client.
Summary Analysis
Overall, TARGET GROUP LIMITED presents a reasonably acceptable payment profile for suppliers due to its majority of prompt payments. Suppliers should factor in the 23% late payment rate and potential for extended delays when setting credit terms and managing cash flow. Proactive invoice monitoring and establishing clear follow-up procedures are recommended to mitigate risks associated with the delayed payments.
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 Apr 2025 - 30 Sept 2025 | 23 Oct 2025 | 28 | 77% | 18% | 5% | 23% |
| 01 Oct 2024 - 31 Mar 2025 | 14 Apr 2025 | 30 | 81% | 15% | 4% | 19% |
| 01 Apr 2024 - 30 Sept 2024 | 03 Oct 2024 | 36 | 75% | 20% | 5% | 25% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 42 | 43% | 44% | 13% | 57% |
| 01 Apr 2023 - 30 Sept 2023 | 21 Feb 2024 | 36 | 58% | 35% | 7% | 42% |
| 01 Oct 2022 - 31 Mar 2023 | 21 Feb 2024 | 48 | 44% | 40% | 16% | 56% |
| 01 Apr 2022 - 30 Sept 2022 | 21 Feb 2024 | 39 | 65% | 25% | 10% | 35% |
| 01 Oct 2021 - 31 Mar 2022 | 21 Feb 2024 | 37 | 60% | 30% | 10% | 40% |
| 01 Apr 2021 - 30 Sept 2021 | 14 Oct 2021 | 37 | 63% | 28% | 9% | 85% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 52 | 36% | 41% | 23% | 82% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 49 | 42% | 37% | 21% | 75% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 31 | 64% | 28% | 8% | 48% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 27 | 69% | 27% | 4% | 48% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 33 | 57% | 33% | 10% | 67% |
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 from receipt of a valid invoice
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
Our four core values embody our culture and are the key to our success. They are embedded within the company and drive our behaviours both internally and externally: One team, Do the Right Thing, Keep it Simple, Deliver On Promises. In line with these core values, we endeavour to resolve any disputes in a timely and fair manner. Disputes should be raised by emailing purchaseledger@targetgroup.com and will be managed by the accounts payable team.
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
TARGET GROUP LIMITED operates as an active private limited company
This corporate structure allows it to undertake commercial activities within the UK market
Incorporated on 17 April 1975 with company number 01208137, TARGET GROUP LIMITED's registered office is located at Imperial Way, Coedkernew, Newport, Wales, NP10 8UH
This places its operations within Wales
Private limited companies in the UK typically engage in a diverse range of economic activities, from manufacturing and retail to professional services and technology
They operate to generate profit for their shareholders, often specialising in particular sectors or offering specific goods and services to customers
