| 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 Aug 2018 - 31 Dec 2018 | 28 Feb 2019 | 118 | 3% | 9% | 88% | 18% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Direct 90 Indirect 120
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
no
Maximum contractual payment period agreed
120
The business operates an accounts payable helpdesk model to service supplier queries. Queries are answered within 2 working days following receipt of the query.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Trend Control Systems Limited is a leading provider of building energy management systems and solutions in the UK. The company was founded in 1980 and has been committed to sustainability and energy efficiency since its inception.
The company's sustainability program focuses on reducing the environmental impact of buildings through the use of their products and services. They offer a range of energy management systems, including monitoring and control systems, HVAC solutions, and lighting control systems. These products are designed to optimize energy usage and reduce carbon emissions, helping their clients to save on energy costs and meet sustainability targets.
Key people at Trend Control Systems Limited include Managing Director, Dave Lister, and Sales Director, John Rees, both of whom have extensive experience in the building automation industry.
The company's registered office address is located in Horsham, West Sussex, and their website address is www.trendcontrols.com. They also have a network of authorized partners and distributors across the UK, making it easy for customers to access their products and services.
In conclusion, Trend Control Systems Limited is a reputable and forward-thinking company that is dedicated to promoting sustainability through their innovative building energy management systems. With a strong leadership team and a commitment to reducing environmental impact, they continue to be a leading player in the industry.