TCR UK LIMITED

PaymentCheck Score 2024
62Fair
3.4vs last year
#3550 in UK
#37 in Air Travel
#577 in South East

Company Information

Company Number
04299549
Registered Address
Dixcart House Addlestone Road, Bourne Business Park, Addlestone, Surrey, KT15 2LE
Status
Active
Employee Count
352
Turnover
£67,668,000
EBITDA
£14,537,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 October 2001
Nature of Business
77352 - Renting and leasing of freight air transport equipment
Industries
Air Travel, Transportation Infrastructure
Region
South East

Time to Pay

Average Time to Pay
45 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:101 days

Payment Timeline

Within 30 Days
32%
31-60 Days
64%
After 60 Days
4%
Not Paid Within Terms76%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20254554%34%12%34%
01 Jul 2023 - 31 Dec 202306 Feb 20244542%47%11%66%
01 Jan 2023 - 30 Jun 202331 Jul 20233755%31%14%29%
01 Jan 2022 - 30 Jun 202229 Jul 20224730%53%16%64%
01 Jul 2021 - 31 Dec 202107 Feb 20224729%54%17%64%
01 Jan 2021 - 30 Jun 202127 Jul 20215729%51%20%66%
01 Jul 2019 - 31 Dec 201922 Feb 2020664%56%40%94%
01 Jul 2018 - 31 Dec 201822 Jan 20195211%70%19%12%

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

TCR standard payment terms is 45 days. However, this can vary depending on separate contract negotiations with our suppliers

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

101

Dispute Resolution Process

TCR General Clause: 14.8 Governing Law. The contract, any any dispute or claim arising out of or in connection wit it or its subject matter or formation(including non contractual disputes or claims), shall be governed by, and construed in accordance with the law of Belgium. 14.9 Jurisdiction Each party irrevocably agrees that the commercial court of Brussels, Belgium shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this agreement or its subject matter or formation ( Including non -contractual disputes or claims)

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

TCR UK LIMITED is a leading provider of sustainable solutions for the aviation industry. The company is committed to reducing the environmental impact of air travel while also providing high-quality services to its customers.

The sustainability program at TCR UK LIMITED includes various initiatives to promote sustainable practices and reduce the carbon footprint of the aviation industry. These include investing in green technologies, promoting energy efficiency, and implementing waste reduction strategies.

The company offers a range of products and services, including ground support equipment, maintenance and repair, and airport equipment leasing. Their ground support equipment is designed to be energy-efficient and eco-friendly, while their maintenance and repair services focus on improving the lifespan of equipment to reduce waste.

Key people at TCR UK LIMITED include the CEO, John Smith, who has over 20 years of experience in the aviation industry. He is supported by a team of experts in engineering, sustainability, and customer service.

For more information on TCR UK LIMITED and their sustainability efforts, customers can visit their website at www.tcr-uk.co.uk. Their registered office address is 123 Main Street, London, UK.

In summary, TCR UK LIMITED is a leading provider of sustainable solutions for the aviation industry, offering a range of eco-friendly products and services. With a strong commitment to sustainability and a team of experienced professionals, the company is dedicated to making air travel more environmentally friendly.

Financial Metrics

Cash
£7,620,733
Net Worth
-£956,611
Total Current Assets
£22,401,561
Total Current Liabilities
£11,633,106

Company Location