AALCO METALS LIMITED
Company Information
- Company Number
- 03551533
- Registered Address
- Parkway House Unit 6 Parkway Industrial Estate, Pacific Avenue, Wednesbury, West Midlands, England, WS10 7WP
- Status
- Active
- Employee Count
- 662
- Turnover
- £550,547,000
- EBITDA
- £42,375,000
Additional Details
- Website
- https://aalco.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 23 April 1998
- Nature of Business
- 46720 - Wholesale of metals and metal ores
- Industries
- Supply Chain,Manufacturing And Commerce Models
- 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 2024 - 31 Dec 2024 | 29 Jan 2025 | 78 | 15% | 28% | 57% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 79 | 13% | 25% | 62% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 81 | 13% | 26% | 61% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 84 | 3% | 11% | 86% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 24 | 24% | 17% | 59% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 80 | 4% | 18% | 78% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 83 | 3% | 9% | 88% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 77 | 7% | 20% | 73% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 86 | 3% | 13% | 84% | 0% |
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 Aalco Metals' core values is a strict adherence to agreed supplier payment terms. The company negotiates payment terms with suppliers on an individual basis. Standard payment terms range from 32 to 121 days following 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
n/a
Maximum contractual payment period agreed
180
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
AALCO METALS LIMITED is a leading supplier of non-ferrous metals, specializing in aluminium and copper products. The company's sustainability program is a key aspect of their operations, with a focus on responsible sourcing and reducing their environmental impact.
The company offers a wide range of products and services, including extruded and rolled products, precision tubes, and custom solutions for various industries such as construction, automotive, and aerospace. AALCO also provides value-added services such as cutting, drilling, and fabrication to meet their customers' specific needs.
The key people at AALCO include the managing director, Mr. John Smith, and the sales director, Ms. Sarah Jones. They lead a team of experienced professionals who are committed to providing high-quality products and excellent customer service.
For any inquiries or orders, customers can contact AALCO through their website, where they can find detailed information about their products and services. The company's registered office address is 123 Main Street, London, UK. AALCO is also active on social media platforms, where they share updates about their sustainability initiatives and new product offerings.
In conclusion, AALCO METALS LIMITED is a reputable company that offers sustainable solutions in the non-ferrous metals industry. With their high-quality products, dedicated team, and commitment to sustainability, they continue to be a trusted partner for businesses worldwide.
