TATA STEEL UK LIMITED
Company Information
- Company Number
- 02280000
- Registered Address
- 18 Grosvenor Place, London, England, SW1X 7HS
- Status
- Active
- Employee Count
- 7,130
- Turnover
- £2,246,000,000
- EBITDA
- -£401,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 July 1988
- Nature of Business
- 24100 - Manufacture of basic iron and steel and of ferro-alloys
- Industries
- Manufacturing, Raw Materials And Intermediate Goods, Supply Chain, Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2025 - 30 Sept 2025 | 23 Oct 2025 | 105 | 5% | 11% | 84% | 89% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 102 | 5% | 10% | 85% | 80% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 95 | 6% | 13% | 81% | 67% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Oct 2022 | 98 | 6% | 11% | 83% | 69% |
| 01 Apr 2021 - 30 Sept 2021 | 20 Oct 2021 | 98 | 5% | 11% | 84% | 80% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 99 | 6% | 10% | 84% | 71% |
| 01 Apr 2020 - 30 Sept 2020 | 21 Oct 2020 | 96 | 6% | 12% | 82% | 73% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 87 | 6% | 14% | 80% | 63% |
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
Tata Steel UK Limited (“TSUK”) does not have a standard payment term. TSUK has a range of payment terms dependent on a number of factors. The most common payment term used within the company is that payment of undisputed amounts, unless otherwise set out in a Purchase Order, shall be made on the last day of the second calendar month after the month of delivery or performance, provided the invoice quotes the relevant Purchase Order number and relevant Service Entry Sheet (“SES”) number and such invoice reaches TSUK by the 5th of the month following the month of delivery.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
180
Dispute Resolution Process
TSUK has a dedicated Contact Centre for external communications. The Contact Centre offers support on any query or will assist in directing queries to the relevant department for resolution. The team can be contacted via email (ATCE.Purchase.Accounting@tatasteeleurope.com) or telephone (01639 605300), Monday to Thursday, 8:30am to 4:45pm and Friday, 8:30am to 3:45pm. TSUK attempts to resolve all queries relating to disputed payments at the initial point of contact. Queries left unresolved, and needing investigation after the initial contact, are given a reference number. TSUK will further investigate the unresolved query and provide regular updates to the supplier until resolution.
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
TATA STEEL UK LIMITED is a leading steel manufacturing company in the United Kingdom. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.
One of their main sustainability programs is their "Every Drop Matters" campaign, which aims to reduce water consumption and improve water quality in the areas surrounding their plants. They have also invested in renewable energy sources and are constantly working towards reducing their carbon footprint.
TATA STEEL UK LIMITED offers a wide range of high-quality steel products and services for various industries such as construction, automotive, and packaging. They are known for their innovative and sustainable solutions, such as their COLORCOAT® pre-finished steel, which is designed to last longer and require less maintenance.
The key people at TATA STEEL UK LIMITED include the CEO, Bimlendra Jha, and the Chairman, Natarajan Chandrasekaran. They have a dedicated team of employees who are passionate about sustainability and constantly strive to improve the company's performance.
For more information on TATA STEEL UK LIMITED, their website address is www.tatasteel.com and their registered office address is 30 Millbank, London SW1P 4WY. They also have multiple locations and contact information can be found on their website. With their strong commitment to sustainability and high-quality products and services, TATA STEEL UK LIMITED continues to be a leader in the steel industry in the UK.
