| 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 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 45 | 54% | 34% | 12% | 34% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Oct 2024 | 45 | 32% | 64% | 4% | 76% |
| 01 Jul 2023 - 31 Dec 2023 | 06 Feb 2024 | 45 | 42% | 47% | 11% | 66% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 37 | 55% | 31% | 14% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 42 | 39% | 50% | 11% | 53% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 47 | 30% | 53% | 16% | 64% |
| 01 Jul 2021 - 31 Dec 2021 | 07 Feb 2022 | 47 | 29% | 54% | 17% | 64% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 57 | 29% | 51% | 20% | 66% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 54 | 18% | 58% | 24% | 83% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 66 | 11% | 51% | 38% | 88% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Feb 2020 | 66 | 4% | 56% | 40% | 94% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 52 | 11% | 70% | 19% | 12% |
This information is as reported by the business, and responses are in their own words.
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
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)
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
TCR UK Limited is the UK entity within TCR Group, a business specialising in Ground Support Equipment (GSE) for airports and aviation. The wider group provides full-service rental, sale and lease back, repair and maintenance, and fleet management of GSE, along with airport solutions such as charging infrastructure and shared fleet pooling, and sales of refurbished pre-owned equipment through global eco-centres. Its registered UK office is linked to operations near Heathrow Airport. Companies House records the entity's nature of business as renting and leasing of freight air transport equipment, consistent with its role supporting ground handlers, airlines, caterers and airports as part of the group's international GSE services network.
Generated from the company's website and Companies House records. Sources: tcr-group.com · tcr-group.com