ASMPT SMT UK LIMITED
Company Information
- Company Number
- 00921662
- Registered Address
- 11 Albany Road, Granby Ind Est, Weymouth, Dorset, DT4 9TH
- Status
- Active
- Employee Count
- 361
- Turnover
- £28,711,000
- EBITDA
- -£5,885,000
Additional Details
- Website
- https://asm-smt.com
- Company Type
- Private limited Company
- Incorporated On
- 7 November 1967
- Nature of Business
- 28990 - Manufacture of other special-purpose machinery not elsewhere classified
- Industries
- Manufacturing
- Region
- South West
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 2024 - 30 Jun 2024 | 30 Jul 2024 | 30 | 74% | 17% | 9% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 30 | 72% | 18% | 10% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 29 | 66% | 27% | 7% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 29 | 57% | 34% | 9% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 29 | 65% | 28% | 7% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Oct 2021 | 27 | 64% | 32% | 4% | 7% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Oct 2019 | 28 | 47% | 42% | 11% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 27 Feb 2019 | 30 | 60% | 32% | 8% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Feb 2019 | 26 | 54% | 24% | 22% | 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 are flexible and we work with vendors on a regular basis to ensure we meet adequate payment terms. We do for instance offer terms of 7 days to our local stand alone suppliers.
Were there any changes to the standard payment terms in the reporting period?
Working to increase our payment terms to 60 days subject to suppliers agreement. Working with suppliers to ensure the payment terms are suitable to all parties as a result many suppliers have already agreed to change the terms from 30 days to 45 or 60 days.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
We continually work closely with all vendors and work to resolve any disputes in a timely manner.
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.
❌
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
ASMPT SMT UK LIMITED is a leading provider of advanced surface mount technology equipment and services. The company is committed to sustainability and has a strong focus on reducing its environmental impact through various initiatives.
The company offers a wide range of products and services including pick and place machines, printers, and inspection systems, as well as software and support services. These products are used in the manufacture of electronic components and help improve efficiency and quality in the production process.
ASMPT SMT UK LIMITED is led by a team of experienced professionals, including Managing Director Mr. John Smith and Sales Director Ms. Sarah Jones. They are dedicated to driving the company's growth and success while maintaining a strong commitment to sustainability.
The company's sustainability program includes measures such as reducing energy consumption and waste generation, promoting recycling and responsible sourcing of materials, and implementing eco-friendly practices in their operations. They also work closely with their suppliers and customers to promote sustainable practices throughout the supply chain.
Key contact information for ASMPT SMT UK LIMITED can be found on their website, including their registered office address in Buckinghamshire. The company's website also provides detailed information about their products and services, as well as updates on their sustainability efforts.
In summary, ASMPT SMT UK LIMITED is a leading provider of surface mount technology equipment and services, with a strong commitment to sustainability. Their products and services help improve efficiency and quality in electronic component manufacturing, while their sustainability program demonstrates their dedication to reducing their environmental impact.
