MINMETALS (U.K) LIMITED

Company Information

Company Number
01899182
Registered Address
5a Praed Street, London, W2 1NJ
Status
Active
Employee Count
10
Turnover
£702,083,000
EBITDA
£2,376,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 March 1985
Nature of Business
46720 - Wholesale of metals and metal ores
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
97%
31-60 Days
3%
After 60 Days
0%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2025-08-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202507 Aug 20252297%3%0%3%
01 Jul 2024 - 31 Dec 202410 Feb 20251590%9%1%1%
01 Jan 2024 - 30 Jun 202416 Dec 20241590%9%1%1%
01 Jan 2019 - 30 Jun 201926 Jul 20191589%10%1%1%
01 Jul 2018 - 31 Dec 201824 Jan 20191589%10%1%0%

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

Standard payment terms for goods and services are 7 to 90 days, However, terms may vary between suppliers.

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

90

Dispute Resolution Process

Disputes are resolved through a process of involving the requestor of goods and services, the relevant departments, and legal advisors.

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

MINMETALS (U.K) LIMITED is a subsidiary of China Minmetals Corporation, one of the world's leading metals and minerals companies

The company is headquartered in London and has been in operation for over 30 years, providing a wide range of products and services to customers in the UK and Europe.\n\nSustainability is at the core of MINMETALS (U.K) LIMITED's business strategy

The company has implemented various initiatives to reduce its environmental impact and promote sustainable practices

This includes investing in renewable energy sources, reducing carbon emissions, and promoting responsible sourcing of raw materials.\n\nThe company's products and services include a wide range of metals and minerals, such as copper, zinc, lead, iron ore, and rare earth metals

These are sourced from various locations around the world and are used in industries such as construction, automotive, and electronics.\n\nThe key people at MINMETALS (U.K) LIMITED include Mr

Guo Wenqing, the Chairman and President of China Minmetals Corporation, and Mr

Li Fuli, the Managing Director of the UK subsidiary

The company also has a team of experienced professionals who are dedicated to delivering high-quality products and services to their customers.\n\nMINMETALS (U.K) LIMITED can be contacted through their website, which provides information on their products, services, and sustainability initiatives

The registered office address is located at 5th Floor, 6 St

Andrew Street, London, EC4A 3AE, United Kingdom.\n\nIn conclusion, MINMETALS (U.K) LIMITED is a reputable company with a strong commitment to sustainability and providing high-quality products and services to its customers

With its experienced leadership and dedicated team, the company continues to grow and make a positive impact in the metals and minerals industry

Financial Metrics

Cash
£6,513,902
Net Worth
£33,435,013
Total Current Assets
£48,224,225
Total Current Liabilities
£31,250,386

Company Location