The data for TREIMCO LIMITED shows a consistent trend of paying invoices within 30 days, with no instances of late payments or payments not made within agreed terms. This trend has been consistent over the past three periods, showing that the company has a strong track record of timely payments to suppliers.
The data for TREIMCO LIMITED also shows a low level of volatility in terms of payment times. There are no significant changes or fluctuations in the average time to pay or percentages of invoices paid within 30 days, between 31 and 60 days, or later than 60 days. This indicates that the company has a stable and reliable payment process in place.
Looking at the data for TREIMCO LIMITED over the past three periods, there have been no significant changes in the average time to pay or the percentages of invoices paid within 30 days, between 31 and 60 days, or later than 60 days. This consistent trend shows that the company has a strong track record of timely payments to suppliers.
| 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 2023 - 31 Dec 2023 | 26 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 9 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company does not use standard payment terms. The Company accepts the payment terms of its suppliers in the majority of cases, but will seek to negotiate payment terms of 30 days if a supplier proposes shorter terms for a contract that is considered material to the Company. The most frequently used payment terms by the Company’s suppliers are 30 days. The Company does not routinely seek early settlement discounts.
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
Invoices should be addressed to either the appropriate TransRe contact or Accounts Payable at: Finance Department – Accounts Payable, TransRe London Services Limited, Corn Exchange, 55 Mark Lane, London, EC3R 7NE. Disputes should be escalated to the Chief Administration Officer at the above address, with a copy to the Head of Legal at the same address.
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
TREIMCO LIMITED is a UK-based company that specializes in providing sustainable solutions in the construction and real estate industry. They offer a wide range of services and products that are aimed at promoting sustainability and reducing the impact of buildings on the environment.
Their sustainability program focuses on implementing environmentally-friendly practices throughout their operations and promoting sustainable building techniques. This includes using sustainable materials, reducing waste, and implementing energy-efficient measures in their projects.
TREIMCO LIMITED's products and services include sustainable building materials, green energy solutions, and consultancy services for sustainable building design and construction. They also offer project management services for sustainable building projects.
The company is led by a team of experienced professionals who are committed to promoting sustainability in the construction industry. The key people include the managing director, project managers, and sustainability experts.
For more information on their products and services, interested parties can visit their website at www.treimcolimited.co.uk. Their registered office address is located at 10 Oxford Street, London, UK. With their dedication to sustainability, TREIMCO LIMITED is a leading company in the UK, promoting sustainable practices in the construction and real estate industry.