SERTEC AUTO STRUCTURES (UK) LIMITED
Company Information
- Company Number
- 00719490
- Registered Address
- Wincaster House Gorsey Lane, Coleshill, Birmingham, B46 1JU
- Status
- Active
- Employee Count
- 560
- Turnover
- £97,598,000
- EBITDA
- -£5,434,000
Additional Details
- Website
- https://sertec.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 28 March 1962
- Nature of Business
- 25500 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
- Industries
- Manufacturing, Raw Materials And Intermediate Goods, Road Travel
- Region
- West Midlands
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 Oct 2020 - 31 Mar 2021 | 21 Sept 2021 | 49 | 35% | 30% | 35% | 31% |
| 01 Apr 2020 - 30 Sept 2020 | 21 Sept 2021 | 80 | 28% | 34% | 38% | 31% |
| 01 Oct 2019 - 31 Mar 2020 | 21 Sept 2021 | 108 | 38% | 12% | 50% | 49% |
| 01 Apr 2019 - 30 Sept 2019 | 10 Mar 2020 | 69 | 40% | 22% | 38% | 22% |
| 01 Oct 2018 - 31 Mar 2019 | 10 Mar 2020 | 76 | 33% | 20% | 47% | 34% |
| 01 Apr 2018 - 30 Sept 2018 | 10 Mar 2020 | 73 | 33% | 18% | 49% | 34% |
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
Sertec does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations. The most common payment terms of invoices paid in the period 30 days DOI, 60 days DOI and 30 Days EOM (invoices payable on the last day of the month following) which equated to circa 45 days average and 60 Days EOM (invoices payable on the last day of the month following) which equated to circa 75 days average.
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
Any disputes will be investigated by the accounts payable team by liaising with the supplier.
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.
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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
Company Summary
SERTEC AUTO STRUCTURES (UK) LIMITED is a leading automotive supplier based in Birmingham, England. The company specializes in the design, development, and production of structural components for the automotive industry. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes the use of renewable energy sources, waste management practices, and eco-friendly materials in their manufacturing processes. They have also implemented measures to reduce their carbon footprint, such as using energy-efficient equipment and promoting sustainable transportation options for their employees.
SERTEC AUTO STRUCTURES offers a wide range of products and services, including body-in-white components, chassis parts, and exhaust systems. Their state-of-the-art facilities and cutting-edge technology allow them to deliver high-quality products to their customers.
The company is led by a team of experienced and skilled professionals, including CEO Paul McLaughlin and Managing Director Mark Skillicorn. They are committed to driving innovation and maintaining the company's reputation as a leader in the automotive industry.
For more information about SERTEC AUTO STRUCTURES (UK) LIMITED and their products and services, you can visit their website at www.sertec.co.uk. Their registered office address is Unit 50, The Pensnett Estate, Dudley, West Midlands, DY6 7YA. With their dedication to sustainability and expertise in the automotive sector, SERTEC AUTO STRUCTURES continues to be a trusted and reliable partner for their customers.
