Industry ranking
Score of 92.9/100 qualifies for PaymentCheck Certification
The trend for TRENCHANT EMPLOYEE SERVICES LIMITED has been relatively stable over the past three periods, with an average time to pay of 17.3 days. However, there was a slight increase in the average time to pay in the latest period (2023-04-01 to 2023-09-30) compared to the previous period (2023-01-01 to 2023-03-31).
The volatility for TRENCHANT EMPLOYEE SERVICES LIMITED has been relatively low over the past three periods, with a standard deviation of 2.1 days.
| 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 Apr 2024 - 31 Jul 2024 | 29 Aug 2024 | 14 | 97% | 3% | 0% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 18 | 86% | 13% | 1% | 1% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 15 | 93% | 6% | 1% | 1% |
| 01 Jan 2023 - 31 Mar 2023 | 04 Jul 2023 | 17 | 89% | 10% | 1% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 18 | 89% | 10% | 1% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 19 | 76% | 19% | 3% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 24 | 80% | 18% | 2% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 18 | 91% | 7% | 2% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 18 | 92% | 6% | 2% | 2% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 21 | 87% | 10% | 3% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 17 | 92% | 7% | 1% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 17 | 95% | 5% | 0% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 15 | 95% | 4% | 1% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 21 | 83% | 15% | 2% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Under Trenchant Employee Services Limited’s standard contractual terms we commit to the payment of all undisputed sums properly due to third party suppliers within 30 days of receipt of a valid invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Invoices should be forwarded to billing@gresearch.co.uk.
Maximum contractual payment period agreed
45
Disputes relating to supplier invoices should be communicated to billing-queries@gresearch.co.uk
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
TRENCHANT EMPLOYEE SERVICES LIMITED is an active private limited company, incorporated on 17 July 2012, based in the London region. Registered business activity: Other information technology service activities.
From Companies House records.