TECONNEX LIMITED
Company Information
- Company Number
- 01447529
- Registered Address
- The Old Court House, 24 Market Street, Gainsborough, Lincolnshire, DN21 2BE
- Status
- Active
- Employee Count
- 402
- Turnover
- £61,448,000
- EBITDA
- £7,312,000
Additional Details
- Website
- https://www.teconnex.com/
- Company Type
- Private limited Company
- Incorporated On
- 7 September 1979
- Nature of Business
- 25990 - Manufacture of other fabricated metal products not elsewhere classified
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 18 Jul 2025 | 50 | 20% | 48% | 32% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 51 | 16% | 52% | 32% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 49 | 16% | 57% | 27% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 50 | 16% | 55% | 29% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 49 | 15% | 59% | 25% | 91% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 48 | 46% | 39% | 15% | 60% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 49 | 15% | 61% | 24% | 91% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 46 | 14% | 70% | 16% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Mar 2019 | 48 | 11% | 71% | 18% | 18% |
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
Terms are negotiated on a case by case basis. Typically for key suppliers our payment terms are 60 days, or 60 days from month end
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
Suppliers may raise disputes by emailing the purchase ledger team who seek to resolve any issues independently. Disputes are escalated to the financial controller. If a dispute is still not resolved the company will inter in to a process of self managed arbitration involving the senior management of both principles to try to reach agreement,
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
TECONNEX LIMITED is a leading global manufacturer and supplier of innovative joining and sealing technologies for the automotive, aerospace, and industrial sectors. The company is committed to sustainability and has a strong focus on reducing its environmental impact.
The company offers a wide range of products and services, including exhaust clamps, V-band couplings, bellows, and exhaust connectors. These products are designed to meet the highest standards of quality and performance, while also being environmentally friendly.
TECONNEX LIMITED has a strong team of key people, including managing director Paul Wood and operations director David Hogg. They are supported by a dedicated team of engineers, designers, and technicians who work tirelessly to provide the best solutions for their customers.
As part of their sustainability program, the company has implemented various initiatives to reduce their carbon footprint and promote sustainable business practices. This includes the use of renewable energy sources, recycling and waste reduction programs, and continuous improvement in their manufacturing processes.
The company's registered office address is located in Keighley, West Yorkshire, and their website address is www.teconnex.com. Customers can contact them for more information on their products and services through their website or by phone or email.
In summary, TECONNEX LIMITED is a reputable company that is committed to sustainability and provides high-quality products and services to various industries. Their dedicated team, innovative solutions, and strong focus on sustainability make them a leader in their field.
