TRG CONCESSIONS LIMITED exhibits a clear trend of paying within the 31-60 day window, accounting for 87% of payments, resulting in an average payment time of 48 days. This indicates a consistent trajectory towards mid-range payment terms, with minimal payments made within 30 days.
The high concentration of payments (87%) between 31 and 60 days demonstrates strong payment predictability for suppliers. While 7% of payments are late, the overall pattern suggests a low level of volatility, making TRG a relatively reliable payer within its established timeframe.
Suppliers can reliably expect payment from TRG CONCESSIONS LIMITED around the 48-day mark, predominantly within 31-60 days. It is advisable for suppliers to account for these extended payment terms in their cash flow planning, noting the manageable 7% late payment risk.
| 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 |
|---|---|---|---|---|---|---|
| 30 Jun 2025 - 28 Dec 2025 | 06 Jan 2026 | 48 | 5% | 89% | 6% | 8% |
| 30 Dec 2024 - 29 Jun 2025 | 31 Jul 2025 | 48 | 5% | 90% | 5% | 9% |
| 01 Jul 2024 - 29 Dec 2024 | 15 Jan 2025 | 48 | 9% | 87% | 4% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 49 | 12% | 83% | 5% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are the last business day of the month after the invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
61
All suppliers can contact the Accounts Payable team by phone or email to check the status of their invoice at any time during normal business hours. Disputes would typically be escalated to a senior member of the finance, procurement or relevant operational function. If necessary, this may be further escalated to the relevant executive board member.
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
TRG Concessions Limited, part of The Restaurant Group (TRG), operates casual dining, quick service and bar and pub concessions within UK airports and travel hubs. It runs a portfolio of over 40 concession sites at locations including Heathrow, Gatwick, Luton, Manchester, Birmingham and other airports and stations, bringing brands such as Giraffe, San Carlo, Jones the Grocer, Barburrito, Wagamama and Slim Chickens to travellers, alongside bespoke concepts for travel environments. The company began in 1991 with its first site at Heathrow and has since grown to serve over 20 million guests a year. It is registered in England and Wales at an address in Borough, London, and remains active.
Generated from the company's website and Companies House records. Sources: trgconcessions.co.uk · trgconcessions.co.uk