TITAN STEEL WHEELS LIMITED
Company Information
- Company Number
- 02593559
- Registered Address
- Bridge Road, Cookley, Near Kidderminster, Worcestershire, DY10 3SD
- Status
- Active
- Employee Count
- 355
- Turnover
- £44,001,000
- EBITDA
- -£951,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 March 1991
- Nature of Business
- 24330 - Cold forming or folding
- Industries
- Raw Materials And Intermediate Goods, Road Travel
- Region
- West Midlands
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 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 49 | 24% | 41% | 35% | 87% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 49 | 23% | 43% | 34% | 87% |
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
Most frequently used payment terms are 60 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
Dispute Resolution Process
Any complaints regarding contracts are dealt with via our Purchasing Manager.
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.
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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?
❌
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
TITAN STEEL WHEELS LIMITED is a leading manufacturer and supplier of steel wheels for various industries. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program focuses on energy efficiency, waste reduction, and responsible sourcing of materials. They have also invested in renewable energy sources and use eco-friendly materials in their production processes.
The company offers a wide range of steel wheels for different applications such as agriculture, construction, and commercial vehicles. These wheels are known for their durability, strength, and high performance.
The key people at TITAN STEEL WHEELS LIMITED include the managing director, Mark Brown, who has over 20 years of experience in the steel industry. He is supported by a team of experienced engineers and technicians who ensure the quality and reliability of the company's products.
Customers can contact TITAN STEEL WHEELS LIMITED through their website, where they can find detailed information about their products and services. The company's registered office is located in Birmingham, UK.
In conclusion, TITAN STEEL WHEELS LIMITED is a reputable company with a strong commitment to sustainability and a wide range of high-quality steel wheels. With a team of experienced professionals and a customer-centric approach, they continue to be a preferred choice for industries in need of reliable and sustainable steel wheels.
