FIRTH RIXSON METALS LIMITED
Company Information
- Company Number
- 00138691
- Registered Address
- Unit 6 Ignite, Magna Way, Rotherham, United Kingdom, S60 1FD
- Status
- Active
- Employee Count
- 246
- Turnover
- £117,854,000
- EBITDA
- £14,054,000
Additional Details
- Website
- https://alcoa.com
- Company Type
- Private limited Company
- Incorporated On
- 19 December 1914
- Nature of Business
- 24540 - Casting of other non-ferrous metals25500 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
There has been a general downward trend in the average time taken for FIRTH RIXSON METALS LIMITED to pay invoices to suppliers. However, there have been some fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days. The percentage of invoices paid later than 60 days has also fluctuated, but there has been a general decrease in this percentage over time.
Volatility Analysis
The average time taken for FIRTH RIXSON METALS LIMITED to pay invoices to suppliers has been relatively stable, with only a few periods showing significant changes. However, the percentages of invoices paid within 30 days and between 31 and 60 days have shown more volatility, with some periods experiencing large increases or decreases. The percentage of invoices paid later than 60 days has also shown some volatility, but there has been a general decrease over time.
Summary Analysis
From the data, it can be seen that FIRTH RIXSON METALS LIMITED has been gradually improving their payment process, with a decrease in the average time taken to pay invoices and a decrease in the percentage of invoices paid later than 60 days. However, there has been some fluctuation in the percentage of invoices paid within 30 days and between 31 and 60 days. The best period for FIRTH RIXSON METALS LIMITED was in 2020, where they had the lowest percentage of invoices paid later than 60 days at 64%. The worst period was in 2018, where 79% of invoices were paid later than 60 days.
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 74 | 6% | 18% | 76% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 72 | 5% | 23% | 70% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 76 | 6% | 19% | 75% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 71 | 6% | 27% | 67% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 70 | 6% | 30% | 64% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 70 | 6% | 30% | 64% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 74 | 7% | 23% | 70% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 85 | 7% | 20% | 73% | 14% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 79 | 4% | 18% | 78% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 83 | 8% | 18% | 74% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 78 | 7% | 15% | 78% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 80 | 5% | 21% | 74% | 51% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 80 | 6% | 15% | 79% | 49% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 90 days EOAP (end of accumulation period), unless otherwise stated in the purchase order or contract.
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
120
Dispute Resolution Process
In the case of disputes, suppliers should contact Accounts Payable (FRAPCustomerServiceHowmet@howmet.com) who will then refer the issue to the appropriate internal 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.
❌
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.
✅
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.
✅
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
Firth Rixson Metals Limited is a leading manufacturer and supplier of metal components for various industries such as aerospace, energy, and automotive. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes reducing energy consumption, minimizing waste, and promoting recycling. They also prioritize the use of sustainable materials and continuously work towards improving their processes to be more environmentally friendly.
Firth Rixson offers a wide range of products and services, including forged and seamless rolled rings, open-die forgings, and specialty products. These high-quality components are used in critical applications, such as aircraft engines, power generation, and oil and gas exploration.
The company is led by a team of experienced and dedicated professionals. The CEO, David Mortimer, has over 30 years of experience in the industry and is committed to driving the company's growth and success.
To get in touch with Firth Rixson Metals Limited, their website address is www.firthrixson.com. Their registered office address is Firth Rixson House, Bramhall Moor Lane, Hazel Grove, Stockport, Cheshire, SK7 5BX, United Kingdom.
