HOWMET LIMITED
Company Information
- Company Number
- 02659893
- Registered Address
- Howmet Kestrel Way, Sowton Industrial Estate, Exeter, England, EX2 7LG
- Status
- Active
- Employee Count
- 585
- Turnover
- £171,569,000
- EBITDA
- £14,401,000
Additional Details
- Website
- https://howmet.com
- Company Type
- Private limited Company
- Incorporated On
- 4 November 1991
- Nature of Business
- 24450 - Other non-ferrous metal production24540 - Casting of other non-ferrous metals
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- South West
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 71 | 7% | 23% | 70% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 73 | 9% | 30% | 61% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 72 | 8% | 23% | 69% | 5% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 75 | 5% | 23% | 72% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 73 | 7% | 22% | 71% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 73 | 5% | 24% | 71% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 75 | 5% | 26% | 69% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 68 | 7% | 22% | 71% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 68 | 11% | 23% | 66% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 70 | 10% | 23% | 67% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 74 | 6% | 23% | 72% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 74 | 5% | 24% | 71% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 74 | 5% | 24% | 71% | 4% |
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
Standard payment terms are 90 days EOAP (end of accumulation period), unless otherwise stated in the purchase order or contract.
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
120
Dispute Resolution Process
In the case of disputes, suppliers should contact Accounts Payable (cshowmet@howmet.com) who will then refer the issue to the appropriate internal department.
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
HOWMET LIMITED is a leading provider of advanced engineered solutions for the aerospace and defense industries. Their sustainability program focuses on reducing their carbon footprint and promoting environmental responsibility.
The company offers a wide range of products and services, including precision components, fasteners, and engineered structures for aircraft engines, airframes, and industrial gas turbines. They also provide advanced manufacturing and repair services for a variety of critical components.
Key people in HOWMET LIMITED include the CEO, John Plant, who has over 30 years of experience in the aerospace industry, and the CFO, Mark Byron, who has a strong background in finance and operations.
The company's sustainability efforts include investing in renewable energy, implementing energy-efficient practices in their facilities, and promoting recycling and waste reduction. They also have a strong commitment to ethical and responsible business practices.
The contact information for HOWMET LIMITED can be found on their website, including their registered office address in Cheltenham, Gloucestershire. Their website also provides information on their products and services, as well as their sustainability program and initiatives.
Overall, HOWMET LIMITED is a reputable and innovative company in the aerospace and defense industries, with a strong focus on sustainability and responsible business practices.
