TS is not a chemical species with any significant stability and should not be confused with a reaction intermediate (such as ES or EP).
It is simply a fleeting molecular moment in which events such as bond breakage, bond formation, and charge development have proceeded to the precise point at which decay to either substrate or product is equally likely.
At AL or equivalent you were probably taught that the active site of the E is complementary to the S.
More correctly, the active site of the E binds most tightly to the TS.