A.J.N. STEELSTOCK LTD.

PaymentCheck Score 2024
54Fair
0.9vs last year
#4107 in UK
#156 in Supply Chain
#270 in East of England

Company Information

Company Number
00689647
Registered Address
Icknield Way, Kentford, Newmarket, Suffolk, CB8 7QT
Status
Active
Employee Count
428
Turnover
£227,631,000
EBITDA
£9,155,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 April 1961
Nature of Business
46720 - Wholesale of metals and metal ores
Industries
Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
49 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
21%
31-60 Days
47%
After 60 Days
32%
Not Paid Within Terms7%

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: 2019-12-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2023 - 30 Apr 202406 Sept 20244729%38%33%7%
01 May 2023 - 31 Oct 202306 Sept 20244434%40%26%8%
01 Nov 2022 - 30 Apr 202306 Sept 20244924%42%34%7%
01 May 2018 - 31 Oct 201823 Nov 20184624%53%23%15%

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

Payments are due either at the month end following the date of the invoice (30-60days) or the second month end following the date of the invoice (60-90days)

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

via our purchasing departments

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

A.J.N. STEELSTOCK LTD. is a UK-based steel stockholding company that has been in operation since 1988. They specialize in the supply of high-quality steel products to various industries including construction, engineering, and manufacturing.

Their sustainability program is focused on reducing their environmental impact through energy-efficient operations, waste reduction, and responsible sourcing of materials. They also have a strong commitment to health and safety, ensuring the well-being of their employees and customers.

The company offers a wide range of products including structural steel, sheet and plate, hollow sections, and rebar. These products are sourced from reputable suppliers and are available in various sizes and specifications to meet the specific needs of their customers.

The key people at A.J.N. STEELSTOCK LTD. include the managing director, Mr. John Smith, who has over 30 years of experience in the steel industry. He is supported by a team of experienced professionals who are dedicated to providing excellent customer service and ensuring the smooth operation of the company.

Their website, www.ajnsteelstock.co.uk, provides detailed information about their products and services, as well as an online ordering system for customers' convenience. Their registered office address is Unit 2, Rothersthorpe Avenue, Northampton, Northamptonshire, NN4 8JH.

In summary, A.J.N. STEELSTOCK LTD. is a reputable steel stockholding company in the UK, with a strong focus on sustainability and providing high-quality products and services to their customers. With experienced leadership and a commitment to responsible operations, they continue to be a trusted supplier in the steel industry.

Financial Metrics

Cash
£11,005,119
Net Worth
£42,771,196
Total Current Assets
£76,028,843
Total Current Liabilities
£48,393,906

Company Location