TRL LIMITED
Company Information
- Company Number
- 03142272
- Registered Address
- Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GA
- Status
- Active
- Employee Count
- 268
- Turnover
- £23,769,000
- EBITDA
- -£1,247,000
Additional Details
- Website
- https://trl.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 29 December 1995
- Nature of Business
- 72190 - Other research and experimental development on natural sciences and engineering74909 - Other professional, scientific and technical activities not elsewhere classified
- Industries
- Information Technology,Telecommunications And Data,Travel And Transportation
- 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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 45 | 29% | 48% | 23% | 38% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 49 | 30% | 39% | 31% | 59% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 52 | 31% | 32% | 37% | 49% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 52 | 31% | 39% | 30% | 45% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 47 | 39% | 36% | 25% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 42 | 46% | 29% | 25% | 42% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 41 | 43% | 32% | 25% | 40% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 37 | 42% | 48% | 10% | 24% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 35 | 45% | 47% | 8% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 37 | 39% | 56% | 5% | 31% |
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 payment terms are assigned by the Business Operating units on a case by case basis. Payment terms on sub-contracts will generally follow the payment terms agreed in the original Heads of Terms agreement. Standard payment terms for other transactions are in general 30 days after the month end of receipt of invoice.
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
The dispute resolution process is as follows: 1) Accounts Payable will be notified of a dispute either from the supplier or the invoice approver. 2) If the Organisation disputes any prices or charges in an invoice, it shall notify the Supplier within 10 business days of receipt of the invoice. 3) The Supplier shall cancel the invoice and reissue an invoice for the disputed amount within 5 business days. 4) Invoice will be put on hold while dispute is being resolved between the invoice approver and the Supplier. 5) Both parties shall promptly investigate any disputed invoice and will act reasonably to seek to resolve the dispute. 6) Where required, the legal department will be consulted where an invoice is in dispute because the work was not delivered in line with contractual terms (Sub contractor). 7) Any disputed invoice or part of an invoice agreed by Organisation to be payable following resolution shall be re-invoiced. 8) Organisation reserves the right to return invoices stated in incorrect units, or which do not quote Organisation purchase order number.
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
TRL LIMITED is a UK-based company that specializes in providing consultancy and research services in the field of transport, infrastructure, and mobility. The company has a strong focus on sustainability and is committed to promoting sustainable practices in the transport sector.
The company's sustainability program includes initiatives such as reducing carbon emissions, promoting the use of alternative fuels, and developing sustainable transport solutions. TRL LIMITED also works closely with government agencies and industry partners to develop sustainable policies and strategies.
The company offers a wide range of products and services, including research and consultancy services, testing and certification services, and data analysis and modeling. TRL LIMITED's expertise covers various areas such as road safety, vehicle technology, and transport planning.
The key people at TRL LIMITED include the CEO, Paul Campion, and the Director of Sustainability, Dr. Nick Reed. They are supported by a team of experienced professionals who are experts in their respective fields.
To get in touch with TRL LIMITED, interested parties can visit their website at www.trl.co.uk. The company's registered office address is Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GA, United Kingdom.
In summary, TRL LIMITED is a leading consultancy and research company in the transport sector, with a strong focus on sustainability. Their wide range of products and services, along with their team of experts, make them a key player in promoting sustainable practices in the industry.
