WEDGE GROUP GALVANIZING LIMITED

Company Information

Company Number
00515891
Registered Address
Stafford Street, Willenhall, West Midlands, WV13 1RZ
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
7 February 1953
Nature of Business
25610 - Treatment and coating of metals
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
40 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
30%
31-60 Days
64%
After 60 Days
6%
Not Paid Within Terms19%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-11-04
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202504 Nov 20254030%64%6%19%
01 Oct 2024 - 31 Mar 202530 Apr 20254046%49%5%9%
01 Apr 2024 - 30 Sept 202403 Dec 20243744%52%4%7%
01 Oct 2023 - 31 Mar 202430 Apr 20244139%53%8%13%
01 Apr 2023 - 30 Sept 202311 Oct 20234139%52%9%15%
01 Oct 2022 - 31 Mar 202302 May 20234236%54%10%21%
01 Apr 2022 - 30 Sept 202202 Nov 20223938%54%8%15%
01 Oct 2021 - 31 Mar 202228 Apr 20224140%53%7%14%
01 Apr 2021 - 30 Sept 202119 Oct 20214038%54%8%14%
01 Oct 2020 - 31 Mar 202129 Apr 20214336%52%12%18%
01 Apr 2020 - 30 Sept 202027 Oct 20204336%53%11%17%
01 Oct 2019 - 31 Mar 202027 Apr 20204136%55%9%14%
01 Apr 2019 - 30 Sept 201916 Oct 20193741%53%6%10%
02 Apr 2018 - 01 Oct 201831 Oct 20184130%65%5%9%

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 terms are agreed with suppliers as part of the contractual negotiations. Our standard terms provide for payment at the end of the month following the month in which an invoice is dated.

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

No information available

Any other information about payment terms

During the period, a new financial system was implemented which caused an issue when processing the first month end payments. The system was unable to verify the bank connection, causing a delay of 1 day for around 160 suppliers until this was rectified. If this payment run had been made on time, the late payment percentage would have been reduced to 9%.

Maximum contractual payment period agreed

60

Dispute Resolution Process

The purchasing contact at each location is responsible for promptly advising the supplier regarding any invoice queries and also communicating with the central purchase ledger department, so such invoices can be flagged as disputed. The aim is to resolve disputes at local level, however if this cannot be achieved, then the matter would be escalated within the respective organisation.

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

WEDGE GROUP GALVANIZING LIMITED is an active private limited company

Its name indicates its specialisation in galvanizing processes

Incorporated on 7 February 1953, the company is registered in the West Midlands with its office located at Stafford Street, Willenhall, West Midlands, WV13 1RZ

Its unique company number is 00515891

Companies operating in the galvanizing sector in the UK typically provide metal protection services

This commonly involves hot-dip galvanizing, a process that applies a zinc coating to steel and iron to enhance its corrosion resistance and durability for various industrial and construction applications

Financial Metrics

Cash
£4,600,000
Net Worth
£48,300,000
Total Current Assets
£44,000,000
Total Current Liabilities
£11,600,000

Company Location