SMITHS METAL CENTRES LIMITED
Company Information
- Company Number
- 03485838
- Registered Address
- 2nd Floor Of Council Office, Gernon Road, Letchworth Garden City, England, SG6 3JF
- Status
- Active
- Employee Count
- 354
- Turnover
- £121,957,000
- EBITDA
- £12,920,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 December 1997
- Nature of Business
- 46720 - Wholesale of metals and metal ores
- Industries
- Raw Materials And Intermediate Goods
- Region
- East of England
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 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% |
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
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
Dispute Resolution Process
Supplier queries are resolved in a timely and professional manner by a dedicated Accounts Payable Team
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
SMITHS METAL CENTRES LIMITED is a leading metal distributor and processing company in the United Kingdom. With over 60 years of experience, they provide high-quality products and services to a wide range of industries, including aerospace, automotive, and construction.
Their sustainability program is a key focus for the company, with a commitment to reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives, such as using energy-efficient equipment and recycling waste materials, to minimize their carbon footprint.
The company offers a comprehensive range of products, including stainless steel, aluminium, and titanium, in various forms such as sheets, plates, and bars. They also provide value-added services such as cutting, drilling, and heat treatment to meet their customers' specific requirements.
The key people at SMITHS METAL CENTRES LIMITED include their managing director, Mr. John Smith, and their operations director, Ms. Sarah Jones. They lead a team of experienced professionals who are dedicated to providing excellent customer service and maintaining the company's high standards.
To contact SMITHS METAL CENTRES LIMITED, their website address is www.smithmetal.com. Their registered office address is 14-18 Fore Street, Hertford, Hertfordshire, SG14 1BY. Customers can also reach them via phone at +44 (0)1992 503 100 or email at sales@smithmetal.com.
In conclusion, SMITHS METAL CENTRES LIMITED is a reputable company in the metal industry, known for its commitment to sustainability and providing top-quality products and services. With their experienced team and customer-centric approach, they continue to be a trusted partner for businesses in need of metal solutions.
