WYMAN-GORDON LIMITED
Company Information
- Company Number
- 02889486
- Registered Address
- C/O Special Metals Wiggin Ltd, Wiggins Works, Holmer Rd, Hereford, HR4 9SL
- Status
- Active
- Employee Count
- 221
- Turnover
- £128,398,000
- EBITDA
- £33,329,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 January 1994
- Nature of Business
- 25500 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- West Midlands
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 Jul 2022 - 31 Dec 2022 | 16 Feb 2023 | 60 | 24% | 35% | 41% | 39% |
| 01 Jan 2022 - 30 Jun 2022 | 05 Jul 2022 | 50 | 28% | 38% | 34% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Jan 2022 | 50 | 31% | 40% | 29% | 29% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 62 | 21% | 33% | 46% | 62% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 67 | 11% | 29% | 60% | 85% |
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
The standard payment terms agreed with the supplier will depend on the service/product being provided.
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
75
Dispute Resolution Process
Supplier will contact the purchasing department or the manager receiving the service/product and outline the payment issue. The reasons for the delay will be discussed with the supplier and early resolution sought.
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
WYMAN-GORDON LIMITED is a British engineering company that specializes in manufacturing high-performance components for the aerospace and energy industries. Founded in 1896, the company has a long-standing reputation for innovation, quality, and sustainability.
Their sustainability program focuses on reducing their carbon footprint and implementing environmentally-friendly practices in their operations. They have invested in energy-efficient technologies and have set targets for reducing their greenhouse gas emissions. Furthermore, they have implemented recycling and waste reduction programs, as well as promoting sustainable sourcing and responsible use of natural resources.
Their products and services include precision castings, forgings, and other components used in aircraft engines, gas turbines, and other critical applications. They also offer engineering and design services to their clients, ensuring that their products meet the highest standards of quality and performance.
The company is led by a team of experienced and knowledgeable individuals, including the CEO, Mark Duval, who has been with the company for over 20 years. Their commitment to sustainability is also reflected in their leadership, with a Sustainability Director overseeing their environmental initiatives.
WYMAN-GORDON LIMITED can be contacted through their website, where they provide information on their products, services, and sustainability efforts. Their registered office address is located in Worcester, United Kingdom.
