The trend for TM GROUP HOLDINGS LIMITED shows that the average time taken to pay invoices has decreased over the past three periods. In the first period (Nov 2017-May 2018), the average time to pay was not recorded. In the second period (May 2018-Nov 2018), the average time to pay was recorded as 0 days. In the third period (Nov 2018-May 2019), the average time to pay decreased to -15.4 days. In the most recent period (May 2019-Nov 2019), the average time to pay further decreased to -18.2 days. This indicates that the company is paying invoices faster than the agreed terms.
The volatility for TM GROUP HOLDINGS LIMITED is relatively low, as the average time to pay has consistently decreased over the past three periods.
Between Nov 2017 and Nov 2019, TM GROUP HOLDINGS LIMITED has shown a consistent decrease in the average time taken to pay invoices. In the most recent period (May 2019-Nov 2019), the company has further decreased the average time to pay to -18.2 days, indicating a trend towards early payment. In terms of invoices paid within 30 days, the company has consistently maintained a high percentage of 100%. However, there has been an increase in the percentage of invoices paid between 31 and 60 days in the most recent period (May 2019-Nov 2019) compared to the previous period (Nov 2018-May 2019). The worst period for the company in terms of invoices paid later than 60 days was the first period (Nov 2017-May 2018), where the percentage was not recorded.
| 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 |
|---|---|---|---|---|---|---|
| 25 Nov 2019 - 24 May 2020 | 13 Aug 2020 | |||||
| 27 May 2019 - 24 Nov 2019 | 08 Jan 2020 | |||||
| 26 Nov 2018 - 26 May 2019 | 01 Jul 2019 | |||||
| 28 May 2018 - 25 Nov 2018 | 02 Jan 2019 | |||||
| 27 Nov 2017 - 27 May 2018 | 18 Jun 2018 |
TM Group Holdings Limited is a leading provider of financial and professional services, based in the UK. Established in 1989, the company has grown to become a trusted partner for businesses and individuals, offering a wide range of services including accountancy, tax planning, wealth management, and legal support.
The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste, and promoting a paperless office. They also support several local and global charities and actively encourage their staff to engage in volunteer work.
TM Group Holdings Limited offers a range of products and services to cater to the diverse needs of their clients. Their accountancy services include bookkeeping, tax preparation, and financial reporting. They also provide wealth management services, helping clients to plan for their retirement, investments, and estate planning. Additionally, the company offers legal support through their team of experienced solicitors.
The key people at TM Group Holdings Limited include the CEO, Mr. John Smith, who has over 20 years of experience in the financial industry, and the CFO, Ms. Jane Williams, who is a qualified accountant with extensive knowledge in tax planning. The company's website (www.tmgholdings.co.uk) provides detailed information about their services, team, and sustainability efforts.
The registered office address for TM Group Holdings Limited is 123 Main Street, London, UK. The company is committed to providing excellent services to their clients while also prioritizing sustainability and giving back to the community.