The Trade Centre Wales Ltd payment practices report
PennyFetch rating based on government data:
Often outside termsCompanies House no. 04921555
This rating is PennyFetch’s own assessment derived from data self-reported by The Trade Centre Wales Ltd to the UK government.
This company’s most recent filing is from Jun 2024. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.
Avg. days to pay
31
UK median: 32
Outside agreed terms
46%
UK average: 24%
Trend
Stable
13 reports filed
Payment terms
1 to 60 days
Standard terms
Invoice payment breakdown
How The Trade Centre Wales Ltd compares
The Trade Centre Wales Ltd takes an average of 31 days to pay its suppliers, which is 1 days faster than the UK median of 32 days across 9,336 reporting companies. 46% 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 (1 to 60 days), 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
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| Dec 2023 to May 2024 | 31 | 46% | 44% | 3% |
| Jun 2023 to Nov 2023 | 30 | 49% | 49% | 1% |
| Dec 2022 to May 2023 | 28 | 45% | 50% | 2% |
| Jun 2022 to Nov 2022 | 28 | 65% | 48% | 1% |
| Dec 2021 to May 2022 | 23 | 54% | 56% | 1% |
| Jun 2021 to Nov 2021 | 25 | 45% | 58% | 0% |
| Dec 2020 to May 2021 | 29 | 55% | 60% | 16% |
| Jun 2020 to Nov 2020 | 38 | 73% | 46% | 13% |
| Dec 2019 to May 2020 | 36 | 78% | 36% | 10% |
| Jun 2019 to Nov 2019 | 23 | 71% | 60% | 0% |
| Dec 2018 to May 2019 | 26 | 4% | 57% | 1% |
| Jun 2018 to Nov 2018 | 32 | 3% | 54% | 8% |
| Dec 2017 to May 2018 | 34 | 3% | 52% | 9% |
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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All payment statistics on this page are self-reported by The Trade Centre Wales Ltd 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: Jun 2024. 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.
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