GRAINGER & WORRALL LIMITED
Company Information
- Company Number
- 00980487
- Employee Count
- 491
- Turnover
- £77,154,000
- EBITDA
- -£4,099,000
Additional Details
- Website
- https://gwcast.com
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 Nov 2024 - 30 Apr 2025 | 08 Aug 2025 | 61 | 19% | 24% | 57% | 60% |
| 01 May 2024 - 31 Oct 2024 | 04 Feb 2025 | 51 | 25% | 30% | 45% | 32% |
| 01 May 2023 - 31 Oct 2023 | 23 Nov 2023 | 52 | 45% | 23% | 32% | 8% |
| 01 Dec 2022 - 30 Apr 2023 | 28 Jul 2023 | 67 | 38% | 15% | 47% | 43% |
| 01 Dec 2021 - 31 May 2022 | 28 Jun 2022 | 58 | 32% | 16% | 52% | 46% |
| 01 Jun 2021 - 30 Nov 2021 | 23 Dec 2021 | 62 | 14% | 24% | 62% | 34% |
| 01 Dec 2020 - 31 May 2021 | 28 Jun 2021 | 59 | 23% | 35% | 42% | 11% |
| 01 Jun 2020 - 30 Nov 2020 | 19 Jan 2021 | 44 | 37% | 37% | 26% | 7% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 62 | 11% | 30% | 59% | 5% |
| 01 Jun 2017 - 30 Nov 2017 | 19 Dec 2017 | 68 | 1% | 18% | 81% | 88% |
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
The Company agrees payment terms with suppliers at the commencement of trading. Standard terms used are 15/30/45/60 days End of Month (EOM). Whilst other terms might be agreed by negotiation the maximum applied is 60 days EOM. There were no changes to these standard terms in the reporting period.
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
91
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner. The main point of contact for disputes is the Accounts Payable team. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. If the Accounts Payable team are unable to resolve the dispute, the issue is then escalated to a project manager / originator of the purchase order who are then responsible for resolving the issue. The Company maintains an electronic purchase invoice query log which is circulated via an automated email from the Accounts Payable team to the assigned person(s) above. The Company reports key performance metrics which capture the number of instances of items that are in query. These are reported on a weekly basis and displayed on the Company's visual management boards within the Finance department.
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
GRAINGER & WORRALL LIMITED is a British engineering company that specializes in the design and manufacture of high-performance castings for a variety of industries
The company was founded in 1946 and has since become a leading provider of casting solutions.\n\nOne of the key focuses of GRAINGER & WORRALL LIMITED is sustainability
The company is committed to reducing its environmental impact and has implemented various initiatives to achieve this goal
These include investing in energy-efficient technologies, sourcing materials from sustainable suppliers, and recycling waste materials.\n\nThe company offers a wide range of products and services, including precision engineering, rapid prototyping, and CNC machining
Their castings are used in industries such as automotive, aerospace, and motorsport, and are known for their high quality and performance.\n\nThe key people at GRAINGER & WORRALL LIMITED include managing director Edward Grainger and technical director Mark Worall
Both have extensive experience in the engineering industry and have played a crucial role in the company's success.\n\nFor more information on GRAINGER & WORRALL LIMITED, including their products and services, customers can visit their website at www.gwcast.com
The company's registered office is located at Bridgnorth Road, Bridgnorth, Shropshire, WV16 4QP, United Kingdom.\n\nIn conclusion, GRAINGER & WORRALL LIMITED is a reputable British engineering company that is committed to sustainability and offers high-quality castings for various industries
Their experienced leadership team and dedication to innovation have made them a trusted partner for many businesses
