HAYNES INTERNATIONAL LTD
Company Information
- Company Number
- 01209891
- Registered Address
- Parkhouse Street, Openshaw, Manchester, M11 2ER
- Status
- Active
- Employee Count
- 53
- Turnover
- £87,766,000
- EBITDA
- £4,842,000
Additional Details
- Website
- https://haynesintl.com/en/
- Company Type
- Private limited Company
- Incorporated On
- 29 April 1975
- Nature of Business
- 25990 - Manufacture of other fabricated metal products not elsewhere classified
- Industries
- Raw Materials And Intermediate Goods
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
HAYNES INTERNATIONAL LTD exhibits an average payment time of 48 days, with the largest proportion (48%) consistently paying between 31 and 60 days. Only 26% of payments are made within 30 days, indicating a trend towards extended payment cycles rather than prompt settlement.
Volatility Analysis
Payment reliability demonstrates moderate unpredictability, as 26% of payments extend beyond 60 days. The 33% late payment rate highlights a significant risk of delayed funds, suggesting inconsistent adherence to agreed-upon payment terms and potential cash flow implications for suppliers.
Summary Analysis
Suppliers should factor in an average 48-day payment cycle and prepare for a 33% chance of late payments. To mitigate risk, consider establishing payment terms that align with the 31-60 day norm, or explore options such as upfront deposits or milestone payments for larger contracts.
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 Oct 2024 - 31 Mar 2025 | 15 May 2025 | 48 | 26% | 48% | 26% | 33% |
| 01 Apr 2024 - 30 Sept 2024 | 11 Nov 2024 | 46 | 22% | 54% | 24% | 28% |
| 01 Oct 2023 - 31 Mar 2024 | 20 May 2024 | 46 | 23% | 50% | 27% | 32% |
| 01 Apr 2023 - 30 Sept 2023 | 10 Nov 2023 | 46 | 19% | 68% | 13% | 23% |
| 01 Oct 2022 - 31 Mar 2023 | 24 May 2023 | 44 | 24% | 64% | 12% | 23% |
| 01 Apr 2022 - 30 Sept 2022 | 18 Nov 2022 | 37 | 33% | 57% | 10% | 20% |
| 01 Oct 2021 - 31 Mar 2022 | 12 Aug 2022 | 38 | 38% | 50% | 12% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 01 Nov 2021 | 45 | 20% | 63% | 17% | 20% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 42 | 30% | 57% | 14% | 23% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 50 | 15% | 55% | 30% | 24% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 45 | 30% | 55% | 15% | 20% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 42 | 36% | 49% | 15% | 17% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 44 | 27% | 56% | 18% | 21% |
| 01 Apr 2018 - 30 Sept 2018 | 22 Feb 2019 | 50 | 12% | 69% | 19% | 25% |
| 01 Oct 2017 - 31 Mar 2018 | 22 Feb 2019 | 40 | 35% | 50% | 15% | 16% |
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 most frequently used payment terms for qualifying contracts is 30 days EOM. We run our payments once a month on the first working day. Any supplier whose payment terms are out of scope for the monthly payment run have agreed that we can pay invoices early and late to counteract the once a month payment run. We will make a one off payment when necessary to ensure our suppliers are not detrimentally affected
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
75
Dispute Resolution Process
Accounts Payable Department will consider the complaint or concern and try to resolve as quickly as possible in both parties best interest. If the complaint/concern is not resolved to satisfaction the matter would be referred to higher management.
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
HAYNES INTERNATIONAL LTD operates as an active private limited company within the UK business landscape. The inclusion of "International" in its name suggests a potential global outlook or scope of operations.
Incorporated on 29 April 1975, the company maintains its registration under company number 01209891. Its registered office is located at Parkhouse Street, Openshaw, Manchester, M11 2ER.
As a private limited company in the UK, this type of organisation typically engages in a wide variety of commercial activities. These can range from manufacturing and distribution to the provision of diverse services across numerous sectors of the economy.
