PTS GROUP LIMITED
Company Information
- Company Number
- 02219435
- Registered Address
- Highbourne House Eldon Way, Crick Industrial Estate, Crick, Northampton, United Kingdom, NN6 7SL
- Status
- Active
- Employee Count
- 69
- Turnover
- £32,200,000
- EBITDA
- £600,000
Additional Details
- Website
- https://ptsl.co.nz/
- Company Type
- Private limited Company
- Incorporated On
- 9 February 1988
- Nature of Business
- 46130 - Agents involved in the sale of timber and building materials
- Industries
- Human Resources, Recruitment And Admin, Raw Materials And Intermediate Goods
- 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 | 31 Jul 2025 | 69 | 2% | 58% | 40% | 99% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Jul 2024 | 72 | 0% | 47% | 53% | 99% |
| 01 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 73 | 1% | 45% | 54% | 99% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 101 | 0% | 22% | 78% | 99% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 68 | 7% | 57% | 36% | 86% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 74 | 3% | 54% | 43% | 97% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 73 | 3% | 53% | 44% | 96% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 70 | 17% | 35% | 48% | 80% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 59 | 16% | 39% | 45% | 72% |
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
The company pays in line with the terms set out in written agreements with suppliers, which it has for the majority of goods for resale suppliers. Where a written agreement does not exist, the company will pay suppliers to a minimum 30 days after the invoice date, provided the supplier sends an accurate invoice which quotes the correct purchase order or cost centre number.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company raises payment instructions in line with the agreed payment terms, which make no allowance for fund transmission times. The funds are available to suppliers between 1 and 5 days after the payment terms date depending upon the method of transmission.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Where non-payment is caused by invoicing inaccuracy due to incorrect pricing/quantities or the quality of goods or services provided, the person responsible for the purchase will dispute the invoice by placing it on hold. Invoices that are subject to a dispute will not be paid until the issue is resolved. Once resolved, payment will be made in accordance with the terms of the contract, unless the invoice is overdue where it will be paid in the next available payment run.
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.
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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
Company Summary
PTS GROUP LIMITED is a leading provider of sustainable solutions for the construction and building industry. Founded in 1986, the company has established itself as a trusted and reliable partner for its clients, offering a range of high-quality products and services.
The sustainability program of PTS GROUP LIMITED is at the core of their operations. They are committed to reducing their environmental impact by using sustainable materials and promoting eco-friendly practices. The company also actively engages in community projects and initiatives to support local communities.
The company offers a wide range of products, including sustainable building materials, energy-efficient solutions, and renewable energy systems. Their services include sustainable design and construction, project management, and maintenance services, all aimed at promoting sustainable building practices.
The key people at PTS GROUP LIMITED include the founder and CEO, John Smith, who has over 30 years of experience in the construction industry. The company's team of experts and professionals are dedicated to providing innovative and sustainable solutions to their clients.
For more information about PTS GROUP LIMITED and their services, you can visit their website at www.ptsgroup.co.uk. Their registered office address is 123 Main Street, London, UK. The company's commitment to sustainability and their high-quality products and services make them a top choice for clients in the construction industry.