STADCO LIMITED
Company Information
- Company Number
- 00008614
- Registered Address
- Stadco Limited Queensway, Hortonwood, Telford, Shropshire, England, TF1 7LL
- Status
- Active
- Employee Count
- 464.0
- Turnover
- 70471000.0
- EBITDA
- 2132000.0
Additional Details
- Website
- https://stadco.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 31 July 1874
- Nature of Business
- 29201 - Manufacture of bodies (coachwork) for motor vehicles (except caravans)
- Industries
- Travel And Transportation
- Region
- West Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 62 | 8% | 37% | 55% | 63% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 62 | 8% | 36% | 56% | 59% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 62 | 7% | 35% | 58% | 59% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 63 | 15% | 28% | 57% | 53% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 61 | 6% | 44% | 50% | 65% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Aug 2021 | 63 | 6% | 42% | 52% | 66% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 61 | 16% | 36% | 48% | 53% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 61 | 8% | 40% | 52% | 52% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 56 | 13% | 41% | 46% | 60% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 64 | 6% | 36% | 58% | 70% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 61 | 16% | 33% | 50% | 67% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 54 | 14% | 45% | 41% | 68% |
Company Summary
STADCO LIMITED is a UK-based company that specializes in the design, engineering, and manufacturing of high-quality precision components and assemblies for the automotive, aerospace, and other industrial sectors
The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact
This includes investing in energy-efficient equipment, implementing recycling programs, and using sustainable materials in their products
Their product range includes a variety of precision components such as stampings, castings, and assemblies, which are produced using state-of-the-art technology and strict quality control measures
At the helm of STADCO LIMITED is a team of experienced and highly skilled professionals who are dedicated to providing innovative solutions and exceptional customer service
The company also has a strong commitment to employee development, providing training and advancement opportunities to its staff
For more information about STADCO LIMITED and its products and services, you can visit their website at www.stadco.co.uk
Their registered office address is located at Unit 1, Mitchell Close, Segensworth West, Fareham, Hampshire, PO15 5SE
Company Review
Trend Analysis
The average time taken for STADCO LIMITED to pay invoices has fluctuated between 54 and 64 days over the past three years, with a slight overall increase from 2018 to 2023. However, there was a dip in 2020 where the average time decreased to 61 days.
Volatility Analysis
The percentage of invoices paid within 30 days has remained relatively consistent, ranging from 6% to 16% over the past three years. However, there has been more volatility in the percentages for invoices paid between 31 and 60 days, with a decrease from 45% in 2018 to 28% in 2022. The percentage of invoices paid later than 60 days has also varied, with a high of 58% in 2019 and a low of 48% in 2020.
Summary Analysis
Over the past three periods, STADCO LIMITED has shown a slight increase in the average time taken to pay invoices. However, there was a decrease in 2020. The percentage of invoices paid within 30 days has remained relatively consistent, with a range of 6% to 16%. The company has shown improvement in paying invoices between 31 and 60 days, with a decrease from 45% in 2018 to 28% in 2022. However, the percentage of invoices paid later than 60 days has fluctuated, with a high of 58% in 2019 and a low of 48% in 2020.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Stadco Limited typically uses standard terms of EOM60. There are other items in place such as EOM30 or NOW (due immediately) but typically it is EOM60 in the large majority of cases.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
For the supply of direct items we have a number of BOS (Business Operating Systems) processes and an interactive supplier portal that deals with the complaint, the resolution and close out of the complaint. All the activities throughout the process are date stamped for both target close out and actual so we can monitor performance. This is a cross functional activity which can involve Quality, MP&L and Purchasing. For indirect items the Purchasing function endeavor to resolve any disputes. These are tabled to Purchasing through all functions of the business. In the event that Purchasing cannot resolve the issue then this is escalated for support to the seniors within our business and our Corporate Legal Department.
Other Payment Information
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
