SRL TRAFFIC SYSTEMS LIMITED consistently pays within 31-60 days, with 49% of payments falling into this range, indicating a clear trend of payments extending beyond standard 30-day terms. The average payment time of 37 days reinforces this pattern, suggesting a predictable trajectory of payments often occurring in the second month.
While a majority of payments occur within 60 days, the 10% extending over 60 days and 25% classified as late introduce moderate volatility and risk to cash flow predictability. This indicates that a notable portion of payments can be significantly delayed, impacting the reliability of expected payment dates.
Suppliers should anticipate an average payment time of 37 days, with a high likelihood of payments extending into the 31-60 day bracket, and a material risk of significant delays. To mitigate the risk associated with 25% late payments, consider adjusting payment terms, implementing upfront deposits for larger orders, or setting conservative credit limits.
| 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 Nov 2024 - 30 Apr 2025 | 28 May 2025 | 36 | 43% | 47% | 10% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days End of Month
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
90
Disputes relating to payment are dealt with by the account department and are escalated to the appropriate Director if required.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
SRL TRAFFIC SYSTEMS LIMITED is an active private limited company. Its name indicates it specialises in the provision or management of traffic systems.
Incorporated on 11 November 1997, the company operates under company number 03466427. Its registered office is located at Unit 15 Road 5, Winsford Industrial Estate, Winsford, Cheshire, United Kingdom, CW7 3SG, within the North West region.
Companies specialising in traffic systems within the UK market typically provide solutions for traffic management and control. These can include the supply, installation, and maintenance of temporary traffic lights, variable message signs, pedestrian crossing systems, and other related infrastructure to manage vehicle and pedestrian flow effectively.