The average payment time for TRG LEISURE LIMITED is 48 days, with a dominant trend showing 87% of invoices paid within the 31-60 day window. This indicates a consistent payment behavior that typically extends beyond 30-day terms but remains predictable within the next month.
Payment patterns for TRG LEISURE LIMITED exhibit low volatility, as 87% of payments reliably fall into the 31-60 day range. The very low percentage of payments exceeding 60 days (4%) and general lateness (7%) suggests high predictability and minimal immediate risk.
Suppliers engaging with TRG LEISURE LIMITED should anticipate payments consistently within the 31-60 day timeframe, averaging 48 days, indicating a stable but extended payment cycle. While genuine late payments are minimal (7%), it is advisable to align internal cash flow projections with this typical 48-day period rather than standard 30-day terms to optimize planning.
| 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 Jul 2024 - 29 Dec 2024 | 15 Jan 2025 | 48 | 9% | 87% | 4% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 49 | 12% | 83% | 5% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are the last business day of the month after the invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
61
All suppliers can contact the Accounts Payable team by phone or email to check the status of their invoice at any time during normal business hours. Disputes would typically be escalated to a senior member of the finance, procurement or relevant operational function. If necessary, this may be further escalated to the relevant executive board member.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
TRG LEISURE LIMITED is an active private limited company operating within the leisure sector.
Registered in England and Wales under company number 01337324, the company was incorporated on 4 November 1977. Its registered office is located in London at 5-7 Marshalsea Road Borough, SE1 1EP.
As a company within the leisure sector, TRG LEISURE LIMITED typically provides goods or services related to recreation, entertainment, and hospitality in the UK market. This can encompass areas such as event organisation, holiday accommodation, or the management of leisure facilities.