STEMCOR DISTRIBUTION LIMITED
Company Information
- Company Number
- 00759991
- Registered Address
- Longbow House, 14-20 Chiswell Street, London, England, EC1Y 4TW
- Status
- Active
- Employee Count
- 19
- Turnover
- £145,905,000
- EBITDA
- £4,764,000
Additional Details
- Website
- https://stemcor.com
- Company Type
- Private limited Company
- Incorporated On
- 6 May 1963
- Nature of Business
- 46720 - Wholesale of metals and metal ores
- Industries
- Distribution And Delivery, Raw Materials And Intermediate Goods
- Region
- London
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 | 23 Jul 2025 | 32 | 70% | 22% | 8% | 25% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 36 | 61% | 32% | 7% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 38 | 56% | 38% | 6% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 27 | 68% | 29% | 3% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 35 | 60% | 33% | 7% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Jul 2022 | 35 | 61% | 28% | 11% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 37 | 64% | 23% | 13% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 32 | 68% | 24% | 8% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 49 | 45% | 49% | 6% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 34 | 36% | 54% | 9% | 5% |
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
Our standard payment terms vary depending on the supply; Material purchases are predominantly made via Letters of Credit; some suppliers provide standard terms up to 90 days. Service costs for freight, storage and haulage vary from immediate payment to up to 30 days end of month, with a few suppliers on 60 days end of month. Overheads costs are predominantly 30 days end of month. Note: our analysis of payments against terms also includes disputed invoices.
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
Suppliers will engage in dialogue directly with our commercial/ administration teams or via our agent in the relevant country. Steps will be taken to resolve the issue in a timely manner in order to maintain good relations.
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
STEMCOR DISTRIBUTION LIMITED is a UK-based company that specializes in the distribution of steel and raw materials to various industries. The company was established in 2002 and has since grown to become a leading player in the steel distribution market.
The company's sustainability program is centered around reducing their carbon footprint and promoting responsible sourcing practices. They have implemented various measures such as using energy-efficient transportation, reducing waste, and partnering with suppliers who adhere to sustainable practices.
STEMCOR DISTRIBUTION LIMITED offers a wide range of products and services, including steel plates, pipes, tubes, and other raw materials. They also provide value-added services such as cutting and processing to meet the specific needs of their customers.
The key people in the company include the Managing Director, Mr. Chris Spring, and the Operations Director, Mr. Neil Williams. They bring years of experience and expertise in the steel industry, ensuring the company's success and growth.
For any inquiries or orders, customers can contact STEMCOR DISTRIBUTION LIMITED through their website, which is www.stemcordistribution.com. The company's registered office address is located at 89 George Street, Edinburgh, EH2 3ES, United Kingdom.
In conclusion, STEMCOR DISTRIBUTION LIMITED is a reputable company that offers sustainable and high-quality steel products and services. With a strong commitment to sustainability and a team of experienced professionals, the company continues to thrive in the competitive steel distribution market.
