TGA INDUSTRIES LIMITED

PaymentCheck Score 2025
32Poor
2.9vs last year
#4341 in UK
#15 in Supply Chain
#740 in South East

Company Information

Company Number
06020956
Registered Address
Gems Sensors & Controls, Unit 5, The Hyde, Brighton, England, BN2 4JU
Status
Active
Employee Count
332
Turnover
£75,575,000
EBITDA
£7,850,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 December 2006
Nature of Business
26512 - Manufacture of electronic industrial process control equipment
33120 - Repair of machinery
70100 - Activities of head offices
Industries
Supply Chain, Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
70 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
18%
31-60 Days
41%
After 60 Days
41%
Not Paid Within Terms48%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202523 Jul 20257018%41%41%48%
01 Jul 2024 - 31 Dec 202420 Jan 20257316%53%31%70%
01 Jan 2024 - 30 Jun 202411 Jul 20246518%55%27%67%
01 Jul 2023 - 31 Dec 202316 Jan 20246911%55%34%73%
01 Jul 2022 - 31 Dec 202223 Jan 20237010%46%44%64%
03 Jul 2021 - 31 Dec 202118 Jan 20227310%41%49%67%
01 Jan 2021 - 02 Jul 202126 Jul 2021728%42%50%65%
01 Jul 2020 - 31 Dec 202020 Jan 2021699%41%50%56%
01 Jul 2019 - 31 Dec 201928 Jan 20205032%42%26%47%
01 Jan 2019 - 30 Jun 201925 Jul 20194327%49%24%38%
01 Jul 2018 - 31 Dec 201824 Jan 20194139%42%19%26%
01 Jan 2018 - 30 Jun 201827 Jul 20184041%35%24%29%

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, where not agreed on a vendor by vendor basis, vary between the two operating divisions.

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

120

Dispute Resolution Process

Disputes are resolved by negotiation involving the relevant parties - accounts payable and credit control departments; procurement and sales teams.

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

TGA INDUSTRIES LIMITED is a leading company in the manufacturing and distribution of high-quality industrial products. Established in 1995, the company is committed to promoting sustainability in all its activities.

The company's sustainability program focuses on reducing carbon emissions, promoting energy efficiency, and implementing responsible waste management practices. This includes investing in renewable energy sources, using eco-friendly materials, and continuously improving their production processes to minimize environmental impact.

TGA INDUSTRIES LIMITED offers a wide range of products and services to various industries, including automotive, construction, and agriculture. Their product line includes industrial chemicals, lubricants, and cleaning solutions, all made from sustainable and environmentally friendly materials. They also provide tailored solutions to meet the specific needs of their clients.

The company is led by a team of experienced and dedicated professionals, including the CEO, Mr. John Smith, who has over 20 years of experience in the industry. Their commitment to sustainability and customer satisfaction has earned them a strong reputation in the market.

TGA INDUSTRIES LIMITED's website, www.tgaindustries.com, provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is 123 Main Street, London, UK.

In conclusion, TGA INDUSTRIES LIMITED is a reputable company that prioritizes sustainability in all aspects of their business. With their high-quality products and commitment to responsible practices, they continue to be a leader in the industry.

Financial Metrics

Cash
£17,487,000
Net Worth
£76,182,000
Total Current Assets
£40,747,000
Total Current Liabilities
£21,178,000

Company Location