ELG METALS UK LIMITED
Company Information
- Company Number
- 01517971
- Registered Address
- Templeborough Works, Sheffield Road, Sheffield, England, S9 1RT
- Status
- Active
- Employee Count
- 80
- Turnover
- £131,789,000
- EBITDA
- £3,354,000
Additional Details
- Website
- https://elg.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 18 September 1980
- Nature of Business
- 46720 - Wholesale of metals and metal ores
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
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 Jan 2020 - 30 Jun 2020 | 17 Aug 2020 | 11 | 93% | 5% | 2% | 47% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Feb 2020 | 11 | 94% | 5% | 1% | 43% |
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
14 Days after delivery
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
60
Dispute Resolution Process
Trader negotiates a price with vendor. When goods are received, we analyse them and send a segregation report to the vendor.
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.
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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.
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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?
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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
ELG HANIEL METALS LTD is a global leader in the trading, processing, and recycling of raw materials for the stainless steel industry. The company is committed to sustainability, with a focus on reducing their environmental impact and promoting responsible sourcing and recycling practices.
Their sustainability program includes initiatives such as energy-efficient operations, waste reduction, and the use of renewable resources. ELG HANIEL METALS LTD also partners with suppliers and customers to promote sustainable practices throughout the supply chain.
The company offers a wide range of products and services, including the trading of scrap metals, processing of stainless steel scrap, and the production of high-quality alloys and specialty metals. They also provide customized recycling solutions for various industries, such as automotive, aerospace, and construction.
The key people at ELG HANIEL METALS LTD include the CEO, Dr. Frank Kollmar, and the Managing Director, Dr. Michael Herkenhoff. They lead a team of experienced professionals who are dedicated to providing top-quality products and services to their customers.
For more information on ELG HANIEL METALS LTD and their sustainability efforts, you can visit their website at www.elghanielmetals.com. Their registered office is located at 100 Pall Mall, London SW1Y 5NQ, United Kingdom.
