TMD FRICTION UK LIMITED
Company Information
- Company Number
- 04330235
- Registered Address
- Titan Business Centre Central House, Victoria Court, Cleckheaton, West Yorkshire, England, BD19 5DN
- Status
- Active
- Employee Count
- 670
- Turnover
- £71,375,000
- EBITDA
- £86,000
Additional Details
- Website
- https://tmdfriction.com
- Company Type
- Private limited Company
- Incorporated On
- 28 November 2001
- Nature of Business
- 29320 - Manufacture of other parts and accessories for motor vehicles
- Industries
- Travel And Transportation
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2025 - 30 Jun 2025 | 04 Aug 2025 | 56 | 31% | 41% | 28% | 34% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 49 | 35% | 42% | 23% | 41% |
| 01 Jan 2024 - 30 Jun 2024 | 05 Jul 2024 | 46 | 37% | 39% | 24% | 41% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 48 | 34% | 39% | 27% | 62% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 49 | 30% | 37% | 33% | 77% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 51 | 27% | 40% | 33% | 83% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 53 | 26% | 35% | 39% | 83% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 50 | 30% | 36% | 34% | 84% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 51 | 29% | 40% | 31% | 87% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 47 | 30% | 41% | 29% | 79% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 49 | 23% | 46% | 31% | 86% |
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
Standard payment terms for suppliers are no more than 60 days end of month, and in the case of intercompany suppliers 45 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
Dispute Resolution Process
The Accounts Payable team have assigned vendor accounts, so as any disputes arise they will already have a relationship with said vendor and will aim to work through any recognised disputes. In the event this is not possible, the dispute will be escalated to the finance manager and to the purchasing team.
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
TMD FRICTION UK LIMITED is a leading global manufacturer of friction materials and brake components, operating in the automotive and industrial sectors. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes the use of renewable energy sources, waste reduction and recycling, and investment in energy-efficient technologies. They also prioritize ethical and responsible practices in their supply chain.
TMD FRICTION UK LIMITED offers a wide range of high-quality products and services, including brake pads, discs, and linings for both passenger and commercial vehicles. They also provide solutions for industrial applications such as wind turbines, trains, and construction machinery.
Key people in the company include the Managing Director, David Baines, and the Finance Director, David Chalk. They are supported by a team of experienced professionals who are dedicated to delivering top-notch products and services to their customers.
The company's website address is www.tmdfriction.com/uk, where customers can find more information about their products, services, and sustainability efforts. The registered office address is TMD FRICTION UK LIMITED, 73-77 High Street, Redbourn, St Albans, Herts, AL3 7LW.
In conclusion, TMD FRICTION UK LIMITED is a reputable company known for its commitment to sustainability, high-quality products, and experienced team. Their dedication to ethical and responsible practices makes them a trusted partner in the automotive and industrial sectors.
