ARCELORMITTAL COMMERCIAL UK LTD

PaymentCheck Score 2025
94Excellent
2.3vs last year
#555 in UK
#20 in West Midlands

Company Information

Company Number
00400080
Registered Address
2nd Floor, Friars Gate 1011 Stratford Road, Shirley, Solihull, England, B90 4BN
Status
Active
Employee Count
58
Turnover
£676,984,000
EBITDA
£1,542,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 November 1945
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
17 days
Shortest Period:30 days
Longest Period:62 days
Max Contractual:62 days

Payment Timeline

Within 30 Days
92%
31-60 Days
7%
After 60 Days
1%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-08-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202528 Aug 20251792%7%1%9%
01 Jul 2024 - 31 Dec 202413 Feb 20251888%8%4%9%
01 Jul 2023 - 31 Dec 202306 Feb 20242187%7%6%9%
01 Jan 2023 - 30 Jun 202323 Aug 20232291%5%4%9%
01 Jul 2022 - 31 Dec 202221 Mar 20232682%6%12%29%
01 Jan 2022 - 30 Jun 202221 Mar 20233587%5%8%22%
01 Jul 2021 - 31 Dec 202121 Mar 20232488%8%4%21%
01 Jan 2021 - 30 Jun 202121 Mar 20232188%7%5%23%
01 Jul 2020 - 31 Dec 202021 Mar 20233183%9%8%24%
01 Jan 2020 - 30 Jun 202017 Aug 20202387%9%4%31%
01 Jul 2019 - 31 Dec 201931 Jan 20202377%10%13%26%
01 Jul 2018 - 31 Dec 201827 Feb 20191190%4%6%23%
01 Jan 2018 - 30 Jun 201818 Jul 20182681%11%8%20%

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

1st day following end of month of invoicing for supply under Buyer-Reseller agreement. 30 days from invoice date 30 days end of month of invoicing for other supplies.

Were there any changes to the standard payment terms in the reporting period?

120 days end of month of invoicing (group supplier) no longer applicable. 60 days end of month of invoicing for stock material no longer applicable.

Any other information about payment terms

N/A

Maximum contractual payment period agreed

62

Dispute Resolution Process

Suppliers contact the accounts department with any delayed payment queries and appropriate action is taken to resolve in a timely manner.

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

ARCELORMITTAL COMMERCIAL UK LTD is a leading steel and mining company in the United Kingdom. The company is a subsidiary of the global steel giant ArcelorMittal, which is headquartered in Luxembourg.

The company's primary activities include the production and distribution of a wide range of steel products, including flat and long products, as well as mining and processing iron ore and coal. They also offer a variety of services such as logistics, technical support, and supply chain management.

ARCELORMITTAL COMMERCIAL UK LTD is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have set ambitious targets to reduce their carbon emissions and increase the use of renewable energy sources. The company also promotes circular economy principles by recycling and reusing materials in their production processes.

Key people in the company include CEO Simon Clegg and Chairman Lakshmi Mittal, who is also the CEO of the parent company ArcelorMittal. The company employs over 8,000 people across their various locations in the UK.

For more information on their products and services, as well as their sustainability efforts, interested parties can visit their website at www.arcelormittal.com/uk/ or contact them at their registered office address: 22 Baker Street, London, W1U 3BW, United Kingdom.

Financial Metrics

Cash
£11,372
Net Worth
£15,734,212
Total Current Assets
£158,547,211
Total Current Liabilities
£144,317,157

Company Location