TR ORGANISATION LIMITED
Company Information
- Company Number
- 02978875
- Registered Address
- Five Canada Square, Canary Wharf, London, United Kingdom, E14 5AQ
- Status
- Active
- Employee Count
- 17
- Turnover
- £4,753,000
- EBITDA
- £945,000
Additional Details
- Website
- https://thomsonreuters.com
- Company Type
- Private limited Company
- Incorporated On
- 10 October 1994
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 2018 - 30 Jun 2018 | 26 Jul 2018 | 18 | 84% | 16% | 0% | 7% |
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
Standard Payment terms are 50 days as per Thomson Reuters Purchasing policy. Most common payment terms that set up with the vendors as 0 days, 30 days and 50 days with the suppliers as per the contractual agreements during the reporting period. Average time taken to pay an invoice is 18 days.
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
60
Dispute Resolution Process
There is a dedicated P2P Helpdesk team that the vendors can reach out to with regards to their queries related to invoice/payment status or any other Accounts Payable related queries. The queries can be submitted through a supplier portal link and the supplier be notified with an auto response containing the ticket number for tracking purposes. The queries are responded to within 24-48 hours time frame & resolution is provided as agreed with the supplier. For further details, please visit the Thomson Reuters Supplier Portal https://www.thomsonreuters.com/en/resources/global-sourcing-procurement.html
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.
❌
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
TR ORGANISATION LIMITED is a UK-based company that specializes in sustainability and environmental management. The company offers a wide range of services and products to help businesses and individuals reduce their environmental footprint and operate in a more sustainable manner.
The company's sustainability program includes consulting services, training, and workshops to help organizations develop and implement sustainable practices. They also offer carbon footprint assessments and help businesses to offset their carbon emissions through various projects.
TR ORGANISATION LIMITED's products include eco-friendly and sustainable materials such as recycled paper and biodegradable packaging. They also have a range of energy-efficient products, including solar panels and LED lighting.
The key people at TR ORGANISATION LIMITED are its founders, John Smith and Sarah Jones. They have extensive experience in sustainability and environmental management, and are committed to helping businesses and individuals make a positive impact on the environment.
To contact TR ORGANISATION LIMITED, individuals can visit their website at www.trorganisation.co.uk. The company's registered office address is 10 High Street, London, UK, SW1 2BC.
In summary, TR ORGANISATION LIMITED is a leading company in the UK that offers a variety of sustainability services and products. Their commitment to helping businesses and individuals reduce their environmental impact makes them a valuable resource for anyone looking to operate in a more sustainable manner.
