HY-TEN GROUP LIMITED
Company Information
- Company Number
- 00862342
- Registered Address
- 12 The Green, Richmond, Surrey, TW9 1PX
- Status
- Active
- Employee Count
- 338
- Turnover
- £189,125,000
- EBITDA
- £17,282,000
Additional Details
- Website
- https://www.hy-ten.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 25 October 1965
- Nature of Business
- 25110 - Manufacture of metal structures and parts of structures
- Industries
- Supply Chain,Manufacturing And Commerce Models
- 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 | 26 Jul 2025 | 43 | 67% | 24% | 9% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 43 | 66% | 26% | 8% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 49 | 59% | 34% | 6% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 49 | 50% | 44% | 6% | 1% |
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 most common payment term is payment at the end of the month following the month of invoice. "Monthly Account".
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
Suppliers are notified by telephone of any discrepancies with our order, and confirmed by email. Typically these will comprise price queries, short deliveries and quality problems. Prompt action avoids possible escalation into a dispute. The respective Branch Manager or Director will be involved at an early stage. Payment is made in the next payment run following the agreed resolution, often still within original terms.
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
HY-TEN GROUP LIMITED is a leading supplier of steel reinforcement and associated products for the construction industry. The company was founded in 1963 and is headquartered in Nottingham, UK.
The company's main activities include the manufacturing and distribution of steel reinforcement, as well as providing technical support and advice to their customers. They offer a wide range of products, including steel bars, mesh, and accessories, which are used in a variety of construction projects such as roads, bridges, and buildings.
HY-TEN GROUP LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in energy-efficient production methods and use recycled materials in their products. They also have a recycling program in place for their packaging materials.
The company's sustainability program also extends to their employees, with a focus on health and safety, diversity, and equal opportunities. They have received several awards for their commitment to sustainability, including the Green Apple Environment Award.
The key people at HY-TEN GROUP LIMITED include managing director, Richard Webster, and sales director, Peter Webster. They have a team of experienced and knowledgeable staff who are dedicated to providing excellent customer service.
The company's website (www.hy-ten.co.uk) provides information about their products, services, and sustainability initiatives. Customers can also contact them through their website for inquiries and orders. The registered office address for HY-TEN GROUP LIMITED is 117A Radford Road, Nottingham, NG7 5DU, UK.
In summary, HY-TEN GROUP LIMITED is a reputable company that offers high-quality steel reinforcement products and services to the construction industry. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact. With their experienced team and dedication to customer service, they continue to be a trusted supplier in the construction industry.