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

Company Type
Public limited Company
Incorporated On
19 January 2004
Nature of Business
58290 - Other software publishing
62020 - Information technology consultancy activities
Industries
Information Technology,Telecommunications And Data,Professional Services,Travel And Transportation
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
78%
31-60 Days
19%
After 60 Days
3%
Not Paid Within Terms22%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2025 - 31 Jul 202528 Aug 20252478%19%3%22%
01 Aug 2023 - 31 Jan 202423 Feb 20242284%14%2%16%
01 Feb 2023 - 31 Jul 202329 Aug 20232380%19%1%20%
01 Aug 2022 - 31 Jan 202327 Feb 20232281%17%2%19%
01 Feb 2022 - 31 Jul 202231 Aug 20221985%14%1%15%
01 Aug 2021 - 31 Jan 202225 Feb 20222285%13%2%15%
01 Feb 2021 - 31 Jul 202127 Aug 20212185%13%2%15%
01 Aug 2020 - 31 Jan 202123 Feb 20212179%19%2%21%
01 Feb 2020 - 31 Jul 202028 Aug 20202178%19%3%22%
01 Aug 2019 - 31 Jan 202028 Feb 20202576%22%2%24%
01 Aug 2018 - 31 Jan 201907 Mar 20192188%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

Financial Metrics

Cash
£15,307,000
Net Worth
£10,077,000
Total Current Assets
£37,771,000
Total Current Liabilities
£24,880,000

Company Location