UK Payment Practices Report

T.r. Fastenings Limited payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. 01103675

This rating is PennyFetch’s own assessment derived from data self-reported by T.r. Fastenings Limited to the UK government.

This data is from Apr 2025. A more recent report may be available from the government service.

Avg. days to pay

54

UK median: 32

Outside agreed terms

30%

UK average: 24%

Trend

Stable

14 reports filed

Payment terms

0 to 120 days

Standard terms

Invoice payment breakdown

28%
24%
48%
Within 30 days: 28%31 to 60 days: 24%Over 60 days: 48%

How T.r. Fastenings Limited compares

T.r. Fastenings Limited takes an average of 54 days to pay its suppliers, which is 22 days slower than the UK median of 32 days across 9,336 reporting companies. 30% of their invoices fall outside the agreed payment terms, compared to a national average of 24%.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms, not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Oct 2024 to Mar 20255430%28%48%
Apr 2024 to Sept 20245316%27%47%
Oct 2023 to Mar 20245636%23%48%
Apr 2023 to Sept 20236412%13%64%
Oct 2022 to Mar 20235131%35%45%
Apr 2022 to Sept 20224518%39%35%
Oct 2021 to Mar 20225427%32%45%
Apr 2021 to Sept 2021383%50%11%
Oct 2020 to Mar 2021415%42%18%
Apr 2020 to Sept 20204512%35%13%
Oct 2019 to Mar 2020462%32%20%
Apr 2019 to Sept 2019491%31%16%
Oct 2018 to Mar 2019503%28%25%
Apr 2018 to Sept 2018512%29%19%
Working with T.r. Fastenings Limited?

PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.

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Frequently asked questions

According to their most recent self-reported government filing, T.R. FASTENINGS LIMITED pays invoices in 54 days on average. 30% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly on time" based on that data.

All payment statistics on this page are self-reported by T.r. Fastenings Limited to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Apr 2025. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

Is this your company?

If you believe this data is incorrect, outdated, or needs additional context, please email corrections@pennyfetch.co.uk. We will review your request and update or add context to this page where appropriate.