TTS GROUP LIMITED
Company Information
- Company Number
- 04373761
- Registered Address
- 142b Park Drive, Milton Park, Abingdon, Oxon, England, OX14 4SE
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 February 2002
- Nature of Business
- 58290 - Other software publishing85600 - Educational support services
- Industries
- Software
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 Jun 2020 - 30 Nov 2020 | 14 Dec 2020 | 42 | 34% | 59% | 7% | 14% |
| 01 Dec 2018 - 31 May 2019 | 26 Jun 2019 | 55 | 21% | 66% | 14% | 26% |
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
The majority of our contracts are usually 30 days from receipt of invoice, however there are instances where this can be adjusted as a result of wider contractual negotiations.
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
55
Dispute Resolution Process
Disputes must be raised with the accounts payable team at accountspayable@tts-group.co.uk.
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
TTS GROUP LIMITED is a leading global provider of educational and innovative products and services, committed to creating sustainable solutions for the education sector. They have been in operation for over 35 years and have a strong presence in over 130 countries.
The company offers a wide range of products and services, including educational resources, furniture, and technology solutions for early years, primary, and secondary schools. Their products are designed to enhance learning and development, promote creativity, and improve the overall learning experience for students.
TTS GROUP LIMITED has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability program that aims to reduce waste, increase energy efficiency, and promote responsible sourcing of materials. They also work closely with their suppliers to ensure ethical and sustainable practices are followed throughout the supply chain.
The key people at TTS GROUP LIMITED include their CEO, Mr. Andrew Colwell, who has been with the company for over 25 years and has led the company through significant growth and expansion. Their Director of Sustainability, Ms. Sarah Brown, is responsible for overseeing the company's sustainability efforts and driving positive change within the organization.
For more information on TTS GROUP LIMITED and their products and services, you can visit their website at www.tts-group.co.uk. Their registered office address is Park Lane Business Park, Kirkby-in-Ashfield, Nottinghamshire, NG17 9LE, United Kingdom. They also have various contact options available on their website for any inquiries or support needed.
