| 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 Nov 2023 - 30 Apr 2024 | 06 Sept 2024 | 47 | 29% | 38% | 33% | 7% |
| 01 May 2023 - 31 Oct 2023 | 06 Sept 2024 | 44 | 34% | 40% | 26% | 8% |
| 01 Nov 2022 - 30 Apr 2023 | 06 Sept 2024 | 49 | 24% | 42% | 34% | 7% |
| 01 May 2019 - 31 Oct 2019 | 09 Dec 2019 | 49 | 21% | 47% | 32% | 7% |
| 01 Nov 2018 - 30 Apr 2019 | 19 Sept 2019 | 46 | 25% | 51% | 24% | 17% |
| 01 May 2018 - 31 Oct 2018 | 23 Nov 2018 | 46 | 24% | 53% | 23% | 15% |
This information is as reported by the business, and responses are in their own words.
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
via our purchasing departments
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
AJN Steelstock Limited is a UK steel stockholder and supplier, operating from two sites in Kentford, Suffolk and Henstridge, Somerset. The company holds large volumes of steel stock and provides processing and finishing services including sawing, CNC drilling, plasma profiling, laser cutting and shot-blasting, before distributing steel to customers nationwide using its own delivery fleet. It supplies sectors such as construction, agriculture, engineering, food processing, automotive and architecture, offering daily deliveries aimed at reducing handling times for customers. Originally founded in 1951, it remains family run and has grown its steel tonnage sold and staff numbers in recent years, holding quality and safety accreditations including ISO 9001, ISO 14001 and ISO 45001.
Generated from the company's website and Companies House records. Sources: ajnsteelstock.co.uk · ajnsteelstock.co.uk