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 | 28 Jan 2026 | 54 | 43% | 30% | 27% | 7% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 51 | 36% | 32% | 32% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 05 Aug 2024 | 75 | 18% | 45% | 37% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 64 | 11% | 52% | 37% | 20% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 64 | 13% | 48% | 39% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 50 | 30% | 41% | 29% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 52 | 30% | 38% | 32% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 47 | 36% | 35% | 29% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 49 | 35% | 37% | 28% | 32% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 90 days EOAP (end of accumulation period), unless otherwise stated in the purchase order or contract.
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
90
In the case of disputes, suppliers should contact Accounts Payable (ATEP-APTAM@howmet.com) who will then refer the issue to the appropriate internal department.
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
RTI International Metals Limited is a UK-registered company based in Tamworth, Staffordshire, incorporated in 1998. It is part of the Arconic group, which manufactures aluminium sheet, plate and extrusions, along with architectural products, serving aerospace, automotive, commercial transportation, industrial, packaging and building and construction markets. The wider group operates a global network of rolling mills and holds leading positions in aluminium products for aerospace and automotive customers, as well as building facade systems through its Building and Construction Systems business. The entity's own registered activity is classified as other manufacturing not elsewhere classified, reflecting its role within this larger corporate group rather than as an independently trading business.
Generated from the company's website and Companies House records. Sources: arconic.com · arconic.com