Industry ranking
| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 57 | 16% | 42% | 42% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Jan 2025 | 59 | 14% | 36% | 50% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 03 Jul 2024 | 57 | 15% | 36% | 49% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Jan 2024 | 54 | 15% | 43% | 42% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Jul 2023 | 54 | 18% | 43% | 39% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 04 Jan 2023 | 55 | 16% | 43% | 41% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 05 Jul 2022 | 55 | 17% | 42% | 41% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Apr 2022 | 56 | 14% | 34% | 52% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Apr 2022 | 55 | 14% | 38% | 48% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Apr 2022 | 55 | 13% | 43% | 44% | 2% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Apr 2022 | 57 | 15% | 43% | 42% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Apr 2022 | 56 | 13% | 42% | 45% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 77 | 2% | 42% | 56% | 2% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
One of Smith Metal Centres' core value is strict adherence to agreed supplier terms. The company negotiates payment terms with suppliers on individual basis. Standard payment terms range from 15 days to 90 days following month end
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
Supplier queries are resolved in a timely and professional manner by a dedicated Accounts Payable Team
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
Smiths Metal Centres Limited is a UK company registered under SIC code 46720, wholesale of metals and metal ores, indicating it trades in non-precious metals, steel and other alloys. It was incorporated in December 1997, initially under the name Draftdigs Limited before changing to its current name shortly afterwards. The company remains active, with its registered office in Letchworth Garden City. No further detail on specific product ranges, customer base or trading operations is available from the evidence supplied, though its classification confirms a role as a metal stockholder or distributor rather than a manufacturer of metal products.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk