The data shows a steady trend for TANGENT TRADING HOLDINGS LIMITED in terms of the average time taken to pay invoices to suppliers. There is a slight decrease in the average time to pay from 2017 to 2018, followed by a slight increase in 2019. However, this increase is not significant and the trend remains relatively stable over the three periods.
The data also shows low volatility for TANGENT TRADING HOLDINGS LIMITED in terms of the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. The percentages for each category remain relatively consistent over the three periods, with only minor fluctuations. This suggests that the company has a consistent payment process in place.
From 2017 to 2019, TANGENT TRADING HOLDINGS LIMITED maintained a stable average time to pay invoices to suppliers. In 2018, there was a slight improvement in the company's payment process, with a decrease in the average time to pay. However, in 2019, there was a slight increase in the average time to pay, but this was not significant. The company also consistently paid the majority of its invoices within 30 days, with percentages ranging from 86.2% to 88.1%. However, there was a slight increase in the percentage of invoices paid later than 60 days in 2019, reaching a high of 5.1%. The shortest standard payment period for the company remains unknown as it is not provided in the data.
| 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 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | |||||
| 01 Jul 2017 - 31 Dec 2017 | 20 Feb 2018 |
TANGENT TRADING HOLDINGS LIMITED is an active private limited company, incorporated on 22 January 2016, based in the London region. Registered business activity: Activities of other holding companies not elsewhere classified.
From Companies House records.