| 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 | 22 Aug 2019 | 109 | 3% | 10% | 87% | 17% |
| 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 Controls Limited is a UK-registered manufacturer of building energy management systems (BEMS), based at Honeywell House, Bracknell. It is part of the wider Honeywell Building Technologies group, trading under the Trend Controls brand. The company designs and produces controllers, sensors and related hardware, including IQ5, IQeco and IQX12 controllers, wall bus sensors and IQVISION supervisors, used to monitor and manage energy use, security and environmental conditions in buildings. Its systems are marketed for sectors such as healthcare, education, data centres and commercial buildings, supporting energy efficiency, cybersecurity and building automation. The company's registered activity is classified as manufacture of electronic components, consistent with its focus on physical control and sensor hardware for building management applications.
Generated from the company's website and Companies House records. Sources: trendcontrols.com · trendcontrols.com