| 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 Dec 2024 - 31 May 2025 | 10 Oct 2025 | 71 | 13% | 21% | 66% | 0% |
| 01 Jun 2024 - 30 Nov 2024 | 19 Dec 2024 | 71 | 13% | 22% | 65% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 30, 60 or 90 days dependant on the products being purchased. Consumable items and services tend to be 30-60 days. Stock items tend to be 60-90 days.
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
Normal process is to pay in line with terms unless we have an issue with the service or product. In these circumstances we will endeavour to resolve the situation within the stated terms. If this is not possible payment will be withheld until such time as a satisfactory resolution has been reached.
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
Special Quality Alloys Limited, based in Sheffield, manufactures and supplies open-die hammer forgings, precision rolled rings and certified bar stock in nickel alloys, duplex, stainless, carbon and low alloy steels. Established in 1986, it is part of the family-owned Special Steel Group, which provides complementary heat treatment, testing and machining services. The company holds AS9100 and AS9120 aerospace accreditations and serves demanding sectors including oil and gas, defence and aerospace. Its site, the Continental Steel Works, dates back to the 1870s. In 2015 it merged with Sheffield Quality Forge, becoming an integrated forging and ring rolling business with its own stockholding facilities supplying major original equipment manufacturers.
Generated from the company's website and Companies House records. Sources: specialqualityalloys.com · specialqualityalloys.com