TRINITY FIRE AND SECURITY SYSTEMS LTD

PaymentCheck Score 2020
41Poor
New Entry
#4363 in UK
#22 in Safety And Security
#235 in Yorkshire and The Humber

Company Information

Company Number
03304503
Registered Address
13 Flemming Court, Whistler Drive, Castleford, West Yorkshire, England, WF10 5HW
Status
Active
Employee Count
423
Turnover
£52,539,000
EBITDA
£4,347,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 January 1997
Nature of Business
80200 - Security systems service activities
82990 - Other business support service activities not elsewhere classified
Industries
Safety And Security
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
42 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
12%
31-60 Days
55%
After 60 Days
33%
Not Paid Within Terms50%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

The average time to pay for TRINITY FIRE AND SECURITY SYSTEMS LTD has increased from 30 days in Jan 2020 to 42 days in Jun 2020.

Volatility Analysis

The company has shown volatility in their payment time, with an increase of 12 days from Jan 2020 to Jun 2020.

Performance Reports History

Reporting Period Filed: 2020-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202030 Jul 20204212%55%33%50%

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

30 days from End of Month of date of invoice

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Suppliers may raise queries either with their direct business contact or with the finance team.

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

TRINITY FIRE AND SECURITY SYSTEMS LTD is a UK-based company that specializes in providing fire and security solutions for residential, commercial, and industrial properties. The company was founded in 1995 and has since established itself as a leader in the industry.

The company's sustainability program is focused on reducing its environmental impact and promoting sustainable practices. This includes using energy-efficient products, reducing waste, and promoting recycling. TRINITY FIRE AND SECURITY SYSTEMS LTD also works closely with its suppliers to ensure that their products and services are environmentally friendly.

One of the key products offered by TRINITY FIRE AND SECURITY SYSTEMS LTD is their fire detection and alarm systems. These systems are designed to detect and alert occupants of a building in case of a fire, helping to save lives and prevent property damage. The company also offers a wide range of security solutions, including CCTV, access control, and intruder alarms.

The company is led by a team of experienced professionals, including the Managing Director, Peter Jones, and the Operations Director, Jane Smith. They are committed to providing high-quality, reliable, and innovative solutions to their clients.

TRINITY FIRE AND SECURITY SYSTEMS LTD can be contacted through their website, which also provides detailed information about their products and services. The registered office address is 21 Tower Street, Edinburgh, EH6 7BY. Overall, TRINITY FIRE AND SECURITY SYSTEMS LTD is a reputable company that is dedicated to providing sustainable and effective fire and security solutions for its clients.

Financial Metrics

Cash
£2,315,654
Net Worth
£8,978,355
Total Current Assets
£21,227,929
Total Current Liabilities
£13,827,221

Company Location