SURFACE TECHNOLOGY INTERNATIONAL LIMITED
Company Information
- Company Number
- 02292621
- Registered Address
- 4th Floor, 24 Old Bond Street, London, England, W1S 4AW
- Status
- Active
- Employee Count
- 314
- Turnover
- £56,274,000
- EBITDA
- -£230,000
Additional Details
- Website
- https://sti-limited.com
- Company Type
- Private limited Company
- Incorporated On
- 2 September 1988
- Nature of Business
- 27900 - Manufacture of other electrical equipment
- Industries
- Hardware
- Region
- London
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 Dec 2018 - 31 May 2019 | 19 Jul 2019 | 71 | 20% | 32% | 48% | 32% |
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
http://www.sti-limited.com/wp-content/uploads/2017/03/STI-Terms-and-Conditions-of-Purchase-January-2017.pdf
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
160
Dispute Resolution Process
Any dispute will be dealt with by the Purchasing and Finance Departments
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.
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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?
❌
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
Surface Technology International Limited (STI) is a leading global provider of electronic manufacturing services, specializing in the design, manufacture and testing of complex electronic assemblies. The company was founded in 1989 and is headquartered in Hook, Hampshire, UK.
STI's sustainability program is a key aspect of their operations, with a commitment to reducing their environmental impact and promoting responsible practices throughout their supply chain. They have implemented energy and waste reduction initiatives, and have achieved ISO 14001 certification for their environmental management system.
The company offers a range of services including printed circuit board assembly, product design and development, testing and inspection, and supply chain management. Their products and services are used in various industries such as aerospace, defense, medical, and automotive.
STI is led by a team of experienced professionals, including CEO Simon Bestwick and COO John Hartley. They have a dedicated customer support team and a global network of strategic partners to ensure high-quality and timely delivery of their services.
The company's website, www.sti-limited.com, provides detailed information about their services, capabilities, and sustainability efforts. STI's registered office address is Unit 2, Bartley Point, Osborn Way, Hook, Hampshire, RG27 9GX. They also have manufacturing facilities in the UK, US, and China.
In summary, STI is a reputable and sustainable company that offers a wide range of electronic manufacturing services to various industries. With a strong commitment to sustainability and a team of experienced professionals, they continue to be a leader in the industry.
