| 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 Apr 2019 - 30 Sept 2019 | 17 Oct 2019 | 47 | 27% | 52% | 21% | 68% |
| 01 Oct 2018 - 31 Mar 2019 | 17 Oct 2019 | 51 | 21% | 52% | 27% | 51% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 48 | 20% | 52% | 28% | 66% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days from the end of the month of the invoice date
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
45
Normal dispute resolution process as specified in individual contracts
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
TSP PROJECTS LIMITED is a UK-based engineering consultancy company that offers a range of services in the rail, highways, energy, and environmental sectors. The company was established in 1987 and has since gained a reputation for delivering high-quality and innovative solutions to its clients.
One of the key focuses of TSP PROJECTS LIMITED is sustainability, and the company prides itself on incorporating sustainable practices into all of its projects. This includes using environmentally friendly materials and promoting energy efficiency in its designs. The company also has a sustainability program in place that aims to reduce its carbon footprint and promote sustainable practices within its own operations.
TSP PROJECTS LIMITED offers a wide range of services, including feasibility studies, design, project management, and construction supervision. Their expertise in the rail sector includes track and signaling design, while in the highways sector, they specialize in road design and traffic engineering. The company also provides energy and environmental services, such as renewable energy solutions and environmental impact assessments.
At the helm of TSP PROJECTS LIMITED is the Managing Director, Peter Henderson, who has over 25 years of experience in the industry. The company has a team of highly skilled and experienced engineers, designers, and project managers who work together to deliver exceptional results for their clients.
For those looking to contact TSP PROJECTS LIMITED, their website address is www.tspprojects.co.uk. The company's registered office address is located in York, England. With its commitment to sustainability and expertise in various sectors, TSP PROJECTS LIMITED continues to be a leading engineering consultancy company in the UK.