TI GROUP AUTOMOTIVE SYSTEMS (DEESIDE) LIMITED
Company Information
- Company Number
- 03061637
- Registered Address
- 4650 Kingsgate Cascade Way, Oxford Business Park South, Oxford, Oxfordshire, OX4 2SU
- Status
- Active
- Employee Count
- 96
- Turnover
- £41,952,000
- EBITDA
- £6,185,000
Additional Details
- Website
- https://tiautomotive.com
- Company Type
- Private limited Company
- Incorporated On
- 26 May 1995
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Road Travel
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 58 | 7% | 70% | 22% | 92% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 68 | 6% | 55% | 39% | 92% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 53 | 10% | 69% | 21% | 81% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 50 | 9% | 73% | 18% | 82% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 47 | 16% | 67% | 17% | 81% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 46 | 14% | 72% | 14% | 71% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 47 | 13% | 69% | 18% | 79% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 49 | 9% | 71% | 20% | 82% |
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
The TI Fluid Systems Plc standard terms and conditions is available at www.tiautomotive.com/supplier-resource-center/
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
90
Dispute Resolution Process
The TI Fluid Systems Plc standard terms and conditions is available at www.tiautomotive.com/supplier-resource-center/
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
TI Group Automotive Systems (Deeside) Limited is a company based in Deeside, United Kingdom that specializes in the design, development, and manufacture of automotive systems and components. The company is a subsidiary of the global technology company, Smiths Group plc.
The company's sustainability program is a key focus, with a commitment to reducing its environmental impact through the use of sustainable materials, reducing waste, and implementing energy-efficient practices. They also prioritize ethical and responsible business practices, including fair labor standards and responsible sourcing.
TI Group Automotive Systems offers a range of products and services that cater to the automotive industry. This includes fuel and fluid handling systems, tubular products, and powertrain components. Their products are used by major automotive manufacturers worldwide, making them a significant player in the industry.
The company's key people include Managing Director, Mike McHale, and Operations Director, Paul Tonge. They lead a team of experienced professionals who are dedicated to delivering high-quality products and services to their customers.
For more information on TI Group Automotive Systems (Deeside) Limited, you can visit their website at www.tigroupauto.com. Their registered office address is located at Deeside Industrial Estate, Deeside, Flintshire, CH5 2NR, United Kingdom.
