Score of 93.85/100 qualifies for PaymentCheck Certification
| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 20 | 95% | 5% | 0% | 12% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Aug 2025 | 17 | 92% | 7% | 1% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Feb 2025 | 18 | 88% | 8% | 4% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 06 Aug 2024 | 16 | 93% | 6% | 1% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 06 Feb 2024 | 21 | 87% | 7% | 6% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 23 Aug 2023 | 22 | 91% | 5% | 4% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 21 Mar 2023 | 26 | 82% | 6% | 12% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Mar 2023 | 35 | 87% | 5% | 8% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Mar 2023 | 24 | 88% | 8% | 4% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Mar 2023 | 21 | 88% | 7% | 5% | 23% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Mar 2023 | 31 | 83% | 9% | 8% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Aug 2020 | 23 | 87% | 9% | 4% | 31% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 23 | 77% | 10% | 13% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 27 Feb 2019 | 11 | 90% | 4% | 6% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 26 | 81% | 11% | 8% | 20% |
This information is as reported by the business, and responses are in their own words.
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120 days end of month of invoicing (group supplier) no longer applicable. 60 days end of month of invoicing for stock material no longer applicable.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
Suppliers contact the accounts department with any delayed payment queries and appropriate action is taken to resolve in a timely manner.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
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.
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