The data shows a consistent trend for GTN1 LIMITED in terms of their average time to pay invoices. From 2017 to 2023, there is a gradual increase in the average time to pay, indicating a slight delay in payment to suppliers. However, there is also a slight increase in the percentage of invoices paid within 30 days, suggesting that the company is still making efforts to pay their suppliers on time.
There is minimal volatility in the data for GTN1 LIMITED, with only slight changes in the percentages of invoices paid within 30 days and those paid later than 60 days. This suggests that the company has a consistent payment process in place and is able to maintain a stable payment pattern.
From the data, it can be seen that GTN1 LIMITED has shown a gradual increase in their average time to pay invoices over the past three periods. However, there is also an increase in the percentage of invoices paid within 30 days, indicating that the company is still making efforts to pay their suppliers on time. The worst period for the company was in 2017, where the percentage of invoices paid later than 60 days was the highest. This shows that the company has improved their payment process over the years.
| 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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 06 Aug 2018 | |||||
| 01 Jul 2017 - 31 Dec 2017 | 29 Jan 2018 |
GTN1 LIMITED is a company registered in England with a non-trading company classification (SIC 74990) and no reported trading activity. Its registered office is shared with Grant Thornton UK, a professional services network providing audit, tax and advisory services to businesses, public sector bodies and financial institutions across the UK and internationally. The evidence indicates GTN1 LIMITED itself does not trade but exists as an entity within the wider Grant Thornton corporate structure, rather than being the operating firm that delivers client services. No separate business activity for GTN1 LIMITED beyond this administrative or holding role is described in the available records.
Generated from the company's website and Companies House records. Sources: grantthornton.co.uk