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 liquidation private limited company, incorporated on 7 November 1997, based in the Yorkshire and The Humber region. Registered business activity: Other service activities not elsewhere classified.
From Companies House records.