Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Oct 2025 - 31 Mar 2026 | 06 Apr 2026 | 34 | 41% | 59% | 0% | 20% |
| 01 Apr 2025 - 30 Sept 2025 | 23 Oct 2025 | 37 | 27% | 73% | 0% | 20% |
| 01 Oct 2024 - 31 Mar 2025 | 26 Jun 2025 | 39 | 24% | 75% | 1% | 45% |
| 01 Apr 2024 - 30 Sept 2024 | 11 Nov 2024 | 39 | 19% | 81% | 0% | 35% |
| 01 Oct 2023 - 31 Mar 2024 | 01 Jul 2024 | 31 | 47% | 53% | 0% | 26% |
| 01 Apr 2023 - 30 Sept 2023 | 09 Jan 2024 | 33 | 41% | 58% | 1% | 25% |
| 01 Oct 2022 - 31 Mar 2023 | 03 Oct 2023 | 36 | 32% | 67% | 1% | 27% |
| 01 Apr 2022 - 30 Sept 2022 | 07 Feb 2023 | 39 | 21% | 78% | 1% | 42% |
| 01 Oct 2021 - 31 Mar 2022 | 13 Jul 2022 | 39 | 20% | 79% | 1% | 41% |
| 01 Apr 2021 - 31 Oct 2021 | 05 Jan 2022 | 37 | 30% | 68% | 2% | 33% |
| 01 Oct 2020 - 31 Mar 2021 | 10 Jun 2021 | 39 | 19% | 80% | 1% | 53% |
| 01 Apr 2020 - 30 Sept 2020 | 17 Nov 2020 | 34 | 36% | 62% | 1% | 22% |
| 01 Oct 2019 - 31 Mar 2020 | 05 Jun 2020 | 37 | 31% | 68% | 1% | 41% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 42 | 11% | 87% | 2% | 36% |
| 01 Oct 2018 - 31 Mar 2019 | 16 Aug 2019 | 40 | 22% | 76% | 2% | 69% |
| 01 Apr 2018 - 30 Sept 2018 | 08 Nov 2018 | 42 | 11% | 87% | 2% | 81% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
62
As per contractual terms
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
CNC Speedwell Limited, trading as CNC Speedwell, is a wholly owned subsidiary of Castings PLC, based at the group's Brownhills site in the West Midlands. It specialises in production and prototype CNC machining of cast iron, aluminium and steel parts up to 600mm square, supplying machined components for onward use by manufacturers. The company operates machining, washing, assembly and automation equipment, and holds ISO 9001, IATF 16949 and environmental management (EMS 14001) certification. As part of the wider Castings PLC group, it forms the machining arm supporting the group's foundry operations rather than an independent trading business in its own right.
Generated from the company's website and Companies House records. Sources: cncspeedwell.co.uk