The data for Trinity Acquisition PLC shows a slight increase in the average time taken to pay invoices in the first half of 2019 compared to the second half of 2018. However, there was also an improvement in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. This indicates that the company is making efforts to pay invoices on time.
The volatility of the data for Trinity Acquisition PLC is relatively low, with small changes in the average time taken to pay invoices and the percentages of invoices paid within different time frames. This suggests that the company has consistent payment practices.
In the second half of 2018, Trinity Acquisition PLC had an average time to pay invoices of 34.2 days. 65.3% of invoices were paid within 30 days, while 24.5% were paid between 31 and 60 days. 10.2% of invoices were paid later than 60 days. The company also had 4.5% of invoices not paid within agreed terms, with the shortest (or only) standard payment period being 30 days.
| 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 2018 - 30 Jun 2018 | 30 Jul 2018 |
Trinity Acquisition PLC is a public limited company registered in the UK, incorporated in 1998 originally as Potterlock PLC before being renamed Trinity Acquisition Limited and later Trinity Acquisition PLC. Its Companies House record classifies it under head office activities, indicating it functions as a holding or intermediate parent entity rather than an operating trading business. Filing history shows its persons with significant control have included Willis Towers Watson UK Holdings Limited and, more recently, Willis Investment UK Holdings Limited, indicating it forms part of that wider corporate group's UK structure. No trading activity, products or services are described in the available evidence beyond its role as a group holding company.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk