C N C SPEEDWELL LIMITED

PaymentCheck Score 2025
56Fair
3.4vs last year
#3299 in UK
#123 in Supply Chain
#180 in West Midlands

Company Information

Company Number
03124721
Registered Address
Castings Plc, Lichfield Road, Brownhills, West Midlands, WS8 6JZ
Status
Active
Employee Count
362
Turnover
£27,658,000
EBITDA
£3,580,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 November 1995
Nature of Business
25620 - Machining
Industries
Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
39 days
Shortest Period:30 days
Longest Period:62 days
Max Contractual:62 days

Payment Timeline

Within 30 Days
19%
31-60 Days
81%
After 60 Days
0%
Not Paid Within Terms35%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202523 Oct 20253727%73%0%20%
01 Oct 2024 - 31 Mar 202526 Jun 20253924%75%1%45%
01 Oct 2023 - 31 Mar 202401 Jul 20243147%53%0%26%
01 Apr 2023 - 30 Sept 202309 Jan 20243341%58%1%25%
01 Oct 2022 - 31 Mar 202303 Oct 20233632%67%1%27%
01 Apr 2022 - 30 Sept 202207 Feb 20233921%78%1%42%
01 Apr 2021 - 31 Oct 202105 Jan 20223730%68%2%33%
01 Oct 2020 - 31 Mar 202110 Jun 20213919%80%1%53%
01 Apr 2019 - 30 Sept 201930 Oct 20194211%87%2%36%
01 Apr 2018 - 30 Sept 201808 Nov 20184211%87%2%81%

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

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

Dispute Resolution Process

As per contractual terms

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

C N C SPEEDWELL LIMITED is a British company that specializes in precision engineering and manufacturing services. The company was founded in 1978 and has since grown to become a leader in the industry, providing high-quality products and services to a wide range of clients.

One of the key aspects of C N C SPEEDWELL LIMITED's operations is their commitment to sustainability. The company has implemented various initiatives to reduce their environmental impact, such as using renewable energy sources and implementing recycling programs. They also prioritize ethical sourcing and responsible waste management practices.

In terms of products and services, C N C SPEEDWELL LIMITED offers a wide range of precision engineering solutions, including CNC machining, milling, turning, and assembly services. They also specialize in the production of high-quality components for various industries, such as automotive, aerospace, and medical.

The key people behind C N C SPEEDWELL LIMITED's success are its dedicated team of engineers, technicians, and support staff. With years of experience and expertise, they ensure that all products and services meet the highest standards of quality and precision.

For those interested in contacting C N C SPEEDWELL LIMITED, they can visit their website at www.cncspeedwell.co.uk. The company's registered office is located at Unit 3, Eastwood Court, Ten Pound Walk, Doncaster, DN4 5HX. Overall, C N C SPEEDWELL LIMITED is a reputable and sustainable company that continues to provide top-notch precision engineering solutions to its clients.

Financial Metrics

Cash
£640,810
Net Worth
£19,927,646
Total Current Assets
£7,804,264
Total Current Liabilities
£4,334,926

Company Location