| 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 2018 - 30 Sept 2018 | 10 Jan 2019 | 42 | 5% | 77% | 18% | 0% |
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Standard payment terms
Net monthly - i.e. Payment due at the end of the month following invoice date
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No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
75
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Does this business offer supply chain finance?
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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
William Lee Limited trades as WM Lee, a cast iron foundry based in Dronfield, Derbyshire, dating back to 1860. It produces iron castings, including S.G, A.D.I, SiMo and grey iron, converting scrap metal into castings using induction furnaces and sand moulding. The foundry supplies components such as exhaust manifolds, chassis brackets and bearing caps mainly for commercial truck manufacturers, alongside automotive suspension, steering and braking parts, turbocharger housings, and railway line components. It has annual capacity of around 45,000 tonnes and holds ISO9001 and IATF16949 accreditation. The company is part of Castings Plc, a foundry group comprising two UK foundries and an in-group machinist, though it operates and is recognised as a successful foundry in its own right.
Generated from the company's website and Companies House records. Sources: wmlee.co.uk · wmlee.co.uk