SPIRAX GROUP PLC
Company Information
- Company Number
- 00596337
- Registered Address
- Charlton House Cirencester Road, Charlton Kings, Cheltenham, Gloucestershire, United Kingdom, GL53 8ER
- Status
- Active
- Employee Count
- 9,910
- Turnover
- £1,665,200,000
- EBITDA
- £408,300,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 1 January 1958
- Nature of Business
- 28131 - Manufacture of pumps
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- South West
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 | 01 Sept 2025 | 37 | 48% | 41% | 11% | 68% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 31 | 49% | 47% | 4% | 85% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jan 2025 | 31 | 53% | 43% | 4% | 85% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2025 | 32 | 50% | 46% | 4% | 80% |
| 01 Jan 2023 - 30 Jun 2023 | 29 Jan 2025 | 34 | 45% | 49% | 6% | 86% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jan 2025 | 30 | 60% | 35% | 5% | 84% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jan 2025 | 31 | 51% | 45% | 4% | 89% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jan 2025 | 29 | 57% | 40% | 3% | 83% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jan 2025 | 32 | 45% | 51% | 4% | 86% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2025 | 31 | 48% | 48% | 4% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jan 2025 | 33 | 41% | 55% | 4% | 85% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2025 | 32 | 51% | 44% | 5% | 81% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jan 2025 | 32 | 49% | 47% | 4% | 94% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2025 | 32 | 48% | 49% | 3% | 92% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 32 | 54% | 40% | 6% | 21% |
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
There are a number of payment terms across qualifying contracts depending on contractual terms, with the most frequent payment terms as follows: 22nd of month following invoice date, 30 days from invoice date, net monthly (end of following month from invoice date).
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
Business will work with supplier and follow internal processes to ensure goods have been received/services provided and that outstanding amounts due to the supplier can be resolved and settled as soon as possible.
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
SPIRAX-SARCO ENGINEERING PLC is a global engineering company that specializes in the design, manufacture, and distribution of steam and thermal energy management solutions. The company has a strong focus on sustainability and is committed to reducing its environmental impact.
Their sustainability program includes initiatives such as reducing energy consumption, minimizing waste, and promoting sustainable practices throughout their supply chain. They also have a dedicated team that works on developing innovative, energy-efficient products and solutions.
The company offers a wide range of products and services including steam traps, control valves, heat transfer equipment, and energy monitoring systems. These products are used in various industries such as food and beverage, pharmaceutical, and chemical processing.
Key people in SPIRAX-SARCO ENGINEERING PLC include Nicholas Anderson, the Group Chief Executive, and Kevin Boyd, the Group Finance Director. They lead a team of over 8,000 employees worldwide.
The company's registered office address is at Charlton House, Cirencester, Gloucestershire, GL7 1PT, United Kingdom. Their website address is www.spiraxsarcoengineering.com, where customers can find more information about their products, services, and sustainability initiatives. Overall, SPIRAX-SARCO ENGINEERING PLC is a leading player in the sustainable engineering industry, offering innovative solutions to help businesses reduce their environmental impact.
