Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The average payment time for TC FACILITIES MANAGEMENT LIMITED stands at 39 days, clearly indicating a trend of payments extending beyond standard 30-day terms. While 39% are paid within 30 days, the dominant trend sees nearly half (49%) of payments falling into the 31-60 day bracket, consistently pushing payment cycles longer. A noticeable 12% of payments are also delayed beyond 60 days, reflecting a recurring pattern of extended payment periods.
With 52% of payments classified as late, there is a clear element of unpredictability regarding receiving payments within initial agreed-upon terms. The distribution shows that while nearly half pay 31-60 days, a significant 12% exceed 60 days, introducing variability in actual payment receipt times beyond a typical grace period. This consistent pattern of delays suggests a moderate risk concerning cash flow planning for suppliers expecting prompt settlement.
Suppliers considering TC FACILITIES MANAGEMENT LIMITED should anticipate an average payment cycle of 39 days, with a high likelihood (52%) of payments being late. Key decision factors should include evaluating the impact of potential 31-60 day payment terms on cash flow and acknowledging the risk of 12% of payments exceeding 60 days. To mitigate risk, suppliers should consider negotiating shorter payment terms, building a buffer into their cash flow projections, or implementing upfront payment for a portion of services.
| 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 Oct 2025 - 31 Mar 2026 | 05 May 2026 | 38 | 34% | 53% | 13% | 29% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 39 | 39% | 49% | 12% | 52% |
| 01 Oct 2024 - 31 Mar 2025 | 21 May 2025 | 35 | 41% | 50% | 9% | 48% |
| 01 Apr 2024 - 30 Sept 2024 | 07 Nov 2024 | 34 | 41% | 52% | 7% | 60% |
| 01 Oct 2023 - 31 Mar 2024 | 23 May 2024 | 43 | 31% | 54% | 15% | 62% |
| 01 Apr 2023 - 30 Sept 2023 | 06 Nov 2023 | 44 | 31% | 52% | 17% | 67% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 42 | 36% | 45% | 19% | 56% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 45 | 41% | 43% | 16% | 45% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 28 | 58% | 32% | 10% | 45% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 34 | 50% | 34% | 16% | 38% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 33 | 50% | 33% | 17% | 59% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 55 | 24% | 47% | 29% | 30% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 54 | 19% | 50% | 31% | 27% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 47 | 21% | 51% | 28% | 25% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 43 | 31% | 44% | 25% | 20% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 65 | 17% | 47% | 36% | 34% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
For invoices received on day 1 of month 1, TCFM pays these on day 15 of month 3, unless supplier allows more than 30 days credit. This means the longest terms are 77 days. Inv on 1st of month 1. 31 days + 31 days + 15 days = 77. Suppliers with more than 30 days are paid accordingly.
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
1095
If there is a dispute between TCFM and a supplier, TCFM would contact the supplier in question to notify them of the invoice and amount in question. TCFM would work with the supplier to understand why the disputed amount had arisen, e.g. incorrect price/quantity or invoice made out to an incorrect legal entity. The aim would be to reach a mutually agreeable solution between both parties, whether that be full or partial payment of the invoice or full or partial credit note.
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
TC Facilities Management Limited, trading as TCFM, provides commercial and office facilities management services across the UK and Ireland. Its core offering is contract cleaning, including office, warehouse, specialist, high-level and window cleaning, alongside physical security, mobile patrols, key holding and remote monitoring. It also supplies wider facilities management services such as waste disposal, pest control, catering, maintenance and landscaping. Clients span government and social sectors including schools, care homes and the NHS, industrial and commercial sectors such as pharmaceutical, manufacturing and distribution, and customer-facing sectors like retail, hospitality and leisure. The company holds SIA Approved Contractor Scheme status for security guarding and key holding, and states it has operated for over 60 years with around 2,600 staff delivering services nationwide.
Generated from the company's website and Companies House records. Sources: tcfm.co.uk · tcfm.co.uk · tcfm.co.uk