TRACSIS PLC
Company Information
- Company Number
- 05019106
- Registered Address
- Nexus, Discovery Way, Leeds, United Kingdom, LS2 3AA
- Status
- Active
- Employee Count
- 928
- Turnover
- £82,023,000
- EBITDA
- £14,964,000
Additional Details
- Website
- https://www.tracsis.com/
- Company Type
- Public limited Company
- Incorporated On
- 19 January 2004
- Nature of Business
- 58290 - Other software publishing62020 - Information technology consultancy activities
- Industries
- Information Technology,Telecommunications And Data,Professional Services,Travel And Transportation
- Region
- Yorkshire and The Humber
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 Feb 2025 - 31 Jul 2025 | 28 Aug 2025 | 24 | 78% | 19% | 3% | 22% |
| 01 Aug 2023 - 31 Jan 2024 | 23 Feb 2024 | 22 | 84% | 14% | 2% | 16% |
| 01 Feb 2023 - 31 Jul 2023 | 29 Aug 2023 | 23 | 80% | 19% | 1% | 20% |
| 01 Aug 2022 - 31 Jan 2023 | 27 Feb 2023 | 22 | 81% | 17% | 2% | 19% |
| 01 Feb 2022 - 31 Jul 2022 | 31 Aug 2022 | 19 | 85% | 14% | 1% | 15% |
| 01 Aug 2021 - 31 Jan 2022 | 25 Feb 2022 | 22 | 85% | 13% | 2% | 15% |
| 01 Feb 2021 - 31 Jul 2021 | 27 Aug 2021 | 21 | 85% | 13% | 2% | 15% |
| 01 Aug 2020 - 31 Jan 2021 | 23 Feb 2021 | 21 | 79% | 19% | 2% | 21% |
| 01 Feb 2020 - 31 Jul 2020 | 28 Aug 2020 | 21 | 78% | 19% | 3% | 22% |
| 01 Aug 2019 - 31 Jan 2020 | 28 Feb 2020 | 25 | 76% | 22% | 2% | 24% |
| 01 Aug 2018 - 31 Jan 2019 | 07 Mar 2019 | 21 | 88% | 11% | 1% | 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
Standard payment terms are 30 days from date of invoice unless otherwise agreed
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
30
Dispute Resolution Process
Invoices in dispute will be queried by the Finance department and if they are unable to resolve any outstanding queries then they will refer to colleagues elsewhere in the business to resolve the queries and endeavor to make payment within the agreed terms.
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
TRACSIS PLC is a leading provider of software and technology products and services for the transportation industry
The company was founded in 2004 and is headquartered in Leeds, United Kingdom.\n\nThe company's main focus is on developing innovative solutions to improve efficiency, safety and sustainability in the transportation sector
They offer a wide range of products and services, including rail planning and management software, traffic data analysis, and real-time passenger information systems.\n\nOne of TRACSIS PLC's key initiatives is their sustainability program, which aims to reduce carbon emissions and promote sustainable practices within the transportation industry
This includes the development of low-carbon transport solutions and the implementation of green technologies in their products and services.\n\nThe company is led by a team of experienced industry professionals, including CEO Chris Barnes and Chairman John McArthur
They are committed to driving the company's growth and delivering value to their clients.\n\nTRACSIS PLC can be contacted through their website, which provides information on their products and services, as well as news and updates on the company
Their registered office address is located at 6-8 Greencoat Place, London, SW1P 1PL, United Kingdom.\n\nIn summary, TRACSIS PLC is a leading provider of software and technology solutions for the transportation industry with a strong commitment to sustainability
Their innovative products and services, along with their experienced leadership team, make them a key player in the ever-evolving transportation sector