TRG (HOLDINGS) LIMITED consistently pays invoices with an average time of 48 days, aligning closely with the dominant trend where 87% of payments fall within the 31-60 day window. This indicates a very stable payment trajectory, with only a small fraction (9%) being paid within 30 days and a minimal 4% exceeding 60 days.
The payment behavior of TRG (HOLDINGS) LIMITED is highly predictable, as 87% of payments reliably occur between 31 and 60 days, demonstrating low volatility. With only 7% of payments classified as late and a mere 4% extending beyond 60 days, suppliers face minimal risk of unexpected or prolonged delays. This consistent pattern offers high reliability for cash flow forecasting within the specified timeframe.
TRG (HOLDINGS) LIMITED presents a low payment risk profile for suppliers, characterized by highly predictable payment cycles averaging 48 days. Suppliers should anticipate payments within the 31-60 day range and factor this into their financial planning, given the very low incidence of significantly late payments. This consistency allows for confident credit decisions and accurate cash flow management without major mitigation strategies for delays.
| 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 - 29 Dec 2024 | 15 Jan 2025 | 48 | 9% | 87% | 4% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 49 | 12% | 83% | 5% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are the last business day of the month after the invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
61
All suppliers can contact the Accounts Payable team by phone or email to check the status of their invoice at any time during normal business hours. Disputes would typically be escalated to a senior member of the finance, procurement or relevant operational function. If necessary, this may be further escalated to the relevant executive board member.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
TRG (HOLDINGS) LIMITED operates as a private limited company. Its primary function, as indicated by its name, is to act as a holding company, typically owning or controlling shares in other businesses.
This active private limited company was incorporated on 7 September 2005 under company number 05556066. Its registered office is located at 5-7 Marshalsea Road Borough, London, SE1 1EP, placing its operations within London.
As a holding company in the UK market, TRG (HOLDINGS) LIMITED typically engages in managing group assets and investments. This involves providing strategic oversight to subsidiary companies and consolidating various financial interests.