ARCONIC MANUFACTURING GB LIMITED
Company Information
- Company Number
- 00633328
- Registered Address
- 170 Kitts Green Road, Kitts Green, Birmingham, West Midlands, England, B33 9QR
- Status
- Active
- Employee Count
- 417.0
- Turnover
- 191824000.0
- EBITDA
- 6776000.0
Additional Details
- Website
- https://arconic.com
- Company Type
- Private limited Company
- Incorporated On
- 23 July 1959
- Nature of Business
- 24420 - Aluminium production
- Industries
- 0
- Region
- West Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 86 | 4% | 14% | 82% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 86 | 5% | 13% | 83% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 88 | 5% | 12% | 83% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 17 Aug 2022 | 86 | 5% | 15% | 80% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 88 | 3% | 13% | 84% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 90 | 4% | 12% | 84% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 90 | 5% | 9% | 86% | 6% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 90 | 5% | 10% | 85% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 87 | 5% | 16% | 81% | 7% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 88 | 2% | 14% | 86% | 6% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 90 | 2% | 11% | 87% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 90 | 2% | 11% | 87% | 6% |
Company Summary
ARCONIC MANUFACTURING (GB) LIMITED is a leading global manufacturer of high-performance materials and components
The company has a strong focus on sustainability and is committed to reducing its environmental impact through various initiatives
The company offers a wide range of products and services including aerospace components, architectural systems, and consumer electronics materials
These products are designed to meet the highest standards of quality, innovation, and sustainability
Key people at ARCONIC MANUFACTURING (GB) LIMITED include the CEO, Mr
John Plant, who has extensive experience in the manufacturing industry
The company's sustainability efforts are led by the Chief Sustainability Officer, Ms
Erica Cooney
As part of its sustainability program, the company has set ambitious goals to reduce its carbon footprint, waste, and water usage
It also prioritizes the use of recycled materials and works closely with suppliers to ensure sustainable practices throughout its supply chain
The company's website address is https://www.arconic.com/global/en/home.asp and its registered office address is Arconic Manufacturing (GB) Limited, Kitts Green Road, Birmingham, B33 0RX, United Kingdom
In summary, ARCONIC MANUFACTURING (GB) LIMITED is a leading global manufacturer with a strong commitment to sustainability
Its wide range of high-performance products and services, along with its dedicated team and sustainable practices, make it a trusted and responsible choice for customers around the world
Company Review
Trend Analysis
The trend for ARCONIC MANUFACTURING (GB) LIMITED has been relatively stable over the past three periods, with the average time to pay remaining at 90 days. However, there has been a slight improvement in the percentage of invoices paid within 30 days, increasing from 2% to 4% in the most recent period.
Volatility Analysis
There has been some volatility in the percentage of invoices paid within agreed terms, with a low of 5% in the second period and a high of 11% in the fourth period. However, this volatility has not had a significant impact on the overall average time to pay.
Summary Analysis
From the data, it can be seen that there has been a slight improvement in the percentage of invoices paid within 30 days, increasing from 2% to 4% in the most recent period. However, there has also been a slight increase in the percentage of invoices paid later than 60 days, from 85% to 86%. The average time to pay has remained relatively stable at 90 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 90 days EOAP (end of accumulation period), unless otherwise stated on the order contract.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
In case of disputes, suppliers should contact Accounts Payable (cs@arconic.com) who will refer the issue to the appropriate internal department.
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
