The trend for TRESCAL LIMITED shows a consistent average time to pay of 30 days from June 2018 to June 2019. However, there was a significant increase in the percentage of invoices paid later than 60 days between January 2019 and June 2019.
TRESCAL LIMITED has shown a stable average time to pay of 30 days with a low volatility rate of 3% in the invoices paid within 30 days category and 0% in the invoices paid later than 60 days category, from June 2018 to June 2019.
The average time to pay for TRESCAL LIMITED has remained at 30 days from June 2018 to June 2019. The percentage of invoices paid within 30 days has consistently been at 100% during this period. However, there was a significant increase in the percentage of invoices paid later than 60 days from 0% in June 2018 to 5% in June 2019. The shortest (or only) standard payment period for TRESCAL LIMITED is 30 days, which has not changed throughout the three periods.
| 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 Jan 2019 - 30 Jun 2019 | 24 Sept 2019 | 30 | 70% | 25% | 5% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Jul 2019 | 30 | 100% | 0% | 0% | 0% |
| 01 Jun 2018 - 30 Jun 2018 | 01 Jul 2019 | 30 | 100% | 0% | 0% | 0% |
| 01 Jan 2017 - 31 Dec 2017 | 15 May 2018 | 26 | 97% | 3% | 0% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days from date of invoice
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
90
query raised with contact, escalated to Account manager if not resolved.
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
Trescal Limited is registered in Hampshire and provides verification, calibration and measurement services, operating from seven laboratories across the United Kingdom. It calibrates and repairs test equipment for clients including defence and industrial sectors, having been awarded a contract for calibration and repair of test equipment used across the MoD Tri-Service community. The company forms part of the wider Trescal group, an international calibration business headquartered in France, with this entity representing its UK operating arm. Its registered activity is classified as other professional, scientific and technical services. The company has been active since 2008 and continues to trade from its Yateley registered office.
Generated from the company's website and Companies House records. Sources: companiesintheuk.co.uk · find-and-update.company-information.service.gov.uk