Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Mar 2026 | 27 Apr 2026 | 127 | 4% | 9% | 87% | 92% |
| 01 Apr 2025 - 30 Sept 2025 | 23 Oct 2025 | 105 | 5% | 11% | 84% | 89% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 111 | 4% | 9% | 87% | 90% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 96 | 6% | 11% | 83% | 74% |
| 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 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 99 | 5% | 10% | 85% | 83% |
| 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 Oct 2019 - 31 Mar 2020 | 16 Apr 2020 | 89 | 7% | 13% | 80% | 63% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 87 | 6% | 14% | 80% | 63% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 87 | 6% | 14% | 80% | 59% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 89 | 6% | 13% | 81% | 68% |
This information is as reported by the business, and responses are in their own words.
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
No additional information
Maximum contractual payment period agreed
180
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.
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
Tata Steel UK Limited is a registered company within the Tata Steel corporate group, active since 1988 and based in London. Its registered classification covers the manufacture of basic iron and steel and ferro-alloys, indicating a role in the group's UK steel production and related raw material supply activities. Supporting evidence shows an associated pension scheme, the British Steel Pension Scheme, which was linked to the wider Tata Steel UK operations before its 2026 buyout by Legal & General. No further public detail on specific plant operations or products is available from the supplied evidence, but the entity's SIC classification confirms its position within basic steel and ferro-alloy manufacturing for the group.
Generated from the company's website and Companies House records. Sources: bspspensions.com