TLC (Southern) Limited demonstrates a payment profile concentrated in the 31-60 day bracket, with 71% of payments settling in this window and an average payment time of 32 days, indicating a consistent but slightly extended payment cycle beyond standard 30-day terms. Only 20% of payments are made within the contracted 30-day period, suggesting the company routinely operates just beyond standard terms as a default practice rather than an exception. The 9% of payments exceeding 60 days represents a smaller but notable tail risk that suppliers should account for in cash flow planning.
The payment behaviour is relatively predictable, with the dominant 31-60 day band indicating a structured, if delayed, payment rhythm that suppliers can reasonably anticipate. The low late payment rate of 9% and the minimal over-60-day exposure suggest that significant payment failures are uncommon, reducing the risk of severe cash flow disruption. However, the near-total absence of on-time payments (only 20% within 30 days) means suppliers should treat 35-45 days as the realistic working settlement period rather than relying on stated terms.
TLC (Southern) Limited presents a moderate, manageable risk profile — payments are rarely severely delayed, but suppliers should not expect compliance with standard 30-day terms as a norm. The recommendation is to engage with this customer using adjusted internal payment expectations of 35-45 days, and to factor this into pricing or credit terms where applicable. For higher-value transactions, suppliers may wish to negotiate staged payments or apply modest early-payment incentives to improve the likelihood of settlement within 30 days.
| 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 Dec 2024 - 31 May 2025 | 01 Jul 2025 | 32 | 20% | 71% | 9% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Nett monthly account. Payment by the end of the month following the date of the invoices.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No comment.
Maximum contractual payment period agreed
75
Debit notes are raised and deducted from the payment of the invoice and repaid when a credit is received.
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
TLC (SOUTHERN) LIMITED is an active private limited company, incorporated on 13 March 1990, based in the South East region. Registered business activity: Wholesale of other intermediate products.
From Companies House records.