Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 26 Jan 2026 | 38 | 63% | 30% | 7% | 10% |
| 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 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 24 | 76% | 20% | 4% | 9% |
| 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 2021 - 30 Jun 2021 | 22 Jul 2021 | 31 | 65% | 27% | 7% | 19% |
| 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 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 39 | 28% | 58% | 14% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 34 | 36% | 54% | 9% | 5% |
This information is as reported by the business, and responses are in their own words.
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 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
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.
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
Stemcor Distribution Limited is the UK registered entity of Stemcor, a steel trading business. Companies House lists its activity as wholesale of metals and metal ores. According to Stemcor's own site, the group acts as an intermediary between steel suppliers and buyers, helping customers select from thousands of grades of steel and raw materials and arranging logistics so products reach the right destination. It does not manufacture steel itself but trades and distributes third-party product through a global network of offices and subsidiaries, including stockholding operations. The company has been on the register since 1963 and remains active, forming part of the wider Stemcor Group's international steel trading operations.
Generated from the company's website and Companies House records. Sources: stemcor.com