PAIDLATE by YORXEN public-record company checks
← New check

Their own payment-practices filing · gov.uk

Triconnex Ltd paid suppliers in 55 days on average — within its stated 7–90 day terms

CRN 07466247 · Construction · 4 statutory reports on record · period to 30 Sept 2022

Dated record. The latest report covers a period ending 30 Sept 2022 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
55daysavg time to pay · H2 2022

Their H2 2022 filing put the average 48 days past the shortest term they state (7 days), still within their 90-day upper term.

Their stated terms
7–90 days
Paid outside agreed terms
33% of invoices
Paid after 61+ days
22%
Reporting period
1 Apr 2022 – 30 Sept 2022
Source
their gov.uk filing, filed 31 Oct 2022

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H2 2022 filing

Paid within their stated range — 55 against 7–90 days

The pattern · last 4 of 4 reports

Held steady around 55 days

The read · computed from their figures

Triconnex Ltd's H2 2022 filing put their average at 55 days against stated terms of 7–90 days; 33% of invoices were paid outside agreed terms and 22% took 61 days or longer. Filed 31 Oct 2022.

The pattern is steady — their reported average moves within about ±3 days period to period.

That is 4 statutory periods on record (earliest H1 2021) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Our standard terms are 30 days from end of month of invoice (for suppliers and subcontractors). Terms for a limited number of subcontractors with high labour elements are 7-30 days. Certain invoices relate to point of connection payments with expiry dates of <7 days. These are paid within 5 days. Several large suppliers of materials are on agreed terms of 60 days from end of month of invoice. Invoices must be received by 5th working day following month of invoice to be paid as that month terms. If the invoice is not received by this point, then the invoice will be processed and paid to terms based on the month the invoice was received.

Dispute resolution

If disputes arise, the parties will attempt, in good faith, to reach agreement as soon as possible. Queries with invoices are raised with the Procurement team at the point that the invoice is processed.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20225533%22%31 Oct 2022
H1 20224931%24%27 Apr 2022
H2 20215433%23%25 Nov 2021
H1 20215433%26%30 Apr 2021

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
10 Dec 2010
Registered office
NEXUS PARK AVENUE EAST, SKYLINE 120, BRAINTREE, CM77 7AL
0 outstanding charges on the register Accounts due 31 Dec 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 55-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 55-day vs a 7-day payment cycle.

≈ £21,500
of invoicing outstanding at any one time on a 55-day cycle — about £18,900 more than the same account would carry at 7-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Triconnex Ltd

Are they getting slower or faster?
Their reported average was steady — within about ±3 days period to period, around 55 days.
What's their typical pay point?
Their latest reports averaged around day 55, moving within about ±3 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.
Share

Stay ahead

Watch Triconnex Ltd (free)

They haven’t filed a payment report since 31 Oct 2022. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in construction

Travis Perkins (Properties) Limited · TSP Projects Limited · Trant Engineering Limited · Tube Lines Limited · Toppesfield Limited · Ui Social Infrastructure Limited

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-07466247 · latest period to 30 Sept 2022

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.