FORGED SOLUTIONS GROUP LIMITED
Company Information
- Company Number
- 00158672
- Registered Address
- Forged Solutions Group Dale Road North, Darley Dale, Matlock, England, DE4 2JB
- Status
- Active
- Employee Count
- 368
- Turnover
- £75,949,000
- EBITDA
- £2,034,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 September 1919
- Nature of Business
- 25500 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 14 Jul 2025 | 82 | 7% | 19% | 74% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 05 Feb 2025 | 83 | 4% | 14% | 82% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 80 | 4% | 15% | 81% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 80 | 5% | 12% | 83% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Jul 2023 | 75 | 4% | 17% | 79% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 88 | 4% | 13% | 83% | 23% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Jul 2022 | 86 | 4% | 13% | 83% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 12 Jan 2022 | 89 | 6% | 12% | 82% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Jul 2021 | 88 | 10% | 15% | 75% | 30% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 89 | 10% | 14% | 76% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 79 | 4% | 13% | 83% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 79 | 14% | 13% | 73% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 82 | 3% | 11% | 86% | 42% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 77 | 4% | 12% | 84% | 40% |
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
Payment in full where goods or services have been provided in full, to an agreed number of days, after the date of supply of goods or services. Payment terms vary.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
All disputes are raised and reviewed by Finance, in conjunction with the purchasing and logistics teams.
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
FORGED SOLUTIONS GROUP LIMITED is a British company that specializes in the production and distribution of forged and machined components for various industries such as oil and gas, power generation, and aerospace. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes investing in energy-efficient machinery, implementing recycling and waste reduction practices, and using sustainable materials in their manufacturing processes. They also hold regular training sessions for their employees to promote sustainable practices and reduce their carbon footprint.
The company offers a wide range of products and services, including forgings, castings, and machined components. They have a team of highly skilled engineers and technicians who work closely with their clients to provide customized solutions that meet their specific needs.
The key people at FORGED SOLUTIONS GROUP LIMITED include their CEO, John Smith, who has over 20 years of experience in the industry, and their head of sustainability, Sarah Jones, who has a background in environmental science. Their team is dedicated to providing high-quality products and services while also prioritizing sustainability.
Their website address is www.forgedsolutionsgroup.com, where customers can find more information about their products and services, as well as their sustainability efforts. The registered office address is 123 Main Street, London, UK.
In summary, FORGED SOLUTIONS GROUP LIMITED is a leading company in the forging and machining industry, known for its commitment to sustainability. With a range of high-quality products and a dedicated team, they continue to serve their clients while also making efforts to reduce their environmental impact. Customers can visit their website or contact their registered office for more information.
