TKMS ATLAS UK LIMITED

Company Information

Company Number
05582639
Registered Address
Dorset Innovation Park, Winfrith Newburgh, Dorchester, DT2 8ZB
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
4 October 2005
Nature of Business
84220 - Defence activities
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
36 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
48%
31-60 Days
46%
After 60 Days
6%
Not Paid Within Terms22%

Payment Features

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

Company Review

Trend Analysis

TKMS ATLAS UK LIMITED's average payment time is 36 days, indicating a consistent tendency to pay slightly beyond standard 30-day terms. A significant majority (94%) of payments are made within 60 days, with 48% within 30 days and 46% between 31-60 days. This suggests a predictable payment trajectory, largely settling between 30 and 60 days rather than a rapid decline into severe lateness.

Volatility Analysis

The payment pattern shows moderate volatility, with nearly equal percentages paying within 30 days (48%) and between 31-60 days (46%), suggesting a split between prompt and extended payments. While 22% of payments are late, a low 6% falling over 60 days indicates that extreme delays are infrequent, offering some predictability for planning. The primary risk factor is the likelihood of payments extending past 30 days, requiring suppliers to manage cash flow expectations accordingly.

Summary Analysis

TKMS ATLAS UK LIMITED presents a moderately reliable payment profile, with an average payment time of 36 days and 94% of payments made within 60 days. Suppliers should factor in a common payment window of 30-60 days and mitigate the 22% late payment rate by establishing clear terms or adjusting their own cash flow projections. Key decision factors include the acceptance of payment often extending beyond 30 days and the need to monitor outstanding invoices to manage the moderate risk of late payments effectively.

Performance Reports History

Reporting Period Filed: 2025-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20253648%46%6%22%
01 Oct 2024 - 31 Mar 202530 Apr 20253641%57%2%20%
01 Apr 2024 - 30 Sept 202430 Oct 20243642%56%2%18%
01 Oct 2023 - 31 Mar 202430 Apr 20243640%57%3%29%
01 Apr 2023 - 30 Sept 202330 Oct 20233641%56%3%15%
01 Oct 2022 - 31 Mar 202327 Apr 20233544%53%3%17%
01 Apr 2022 - 30 Sept 202227 Oct 20224129%65%6%17%
01 Oct 2021 - 31 Mar 202227 Apr 20224029%65%6%21%
01 Apr 2021 - 30 Sept 202125 Oct 20214127%68%5%15%
01 Oct 2020 - 31 Mar 202129 Apr 20214620%73%7%13%
01 Apr 2020 - 30 Sept 202029 Oct 20204420%72%8%16%
01 Oct 2019 - 31 Mar 202029 Apr 20204516%77%7%17%
01 Apr 2019 - 30 Sept 201924 Oct 20194615%75%10%20%
01 Oct 2018 - 31 Mar 201929 Apr 20194615%77%8%15%
01 Apr 2018 - 30 Sept 201830 Oct 20184514%79%7%20%
01 Oct 2017 - 31 Mar 201827 Apr 2018548%65%27%81%

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 net end of month therefore the maximum payment period can be 60 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Establish a mutual time frame to determine a resolution in which a letter or detailed email must be sent. Where a mutual agreement cannot be reached within a reasonable time frame an association or arbitrator can be contacted to support resolution.

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

TKMS ATLAS UK LIMITED operates as an active Private limited Company, identified by its corporate name within the UK business landscape

This legal structure enables it to function as a distinct commercial entity

The company was incorporated on 4 October 2005 under company number 05582639

Its registered office is located at Dorset Innovation Park, Winfrith Newburgh, Dorchester, DT2 8ZB, placing its operations within the South West region of the UK

As a Private limited Company, organisations of this type in the UK market typically engage in a diverse range of commercial activities

These organisations often specialise in providing specific goods, services, or professional expertise across various industrial and consumer sectors

Financial Metrics

Cash
£735,000
Net Worth
£51,900,000
Total Current Assets
£106,800,000
Total Current Liabilities
£65,400,000

Company Location