RTI INTERNATIONAL METALS LIMITED

PaymentCheck Score 2025
55Fair
#3398 in UK
#53 in Raw Materials And Intermediate Goods
#186 in West Midlands

Company Information

Company Number
03585661
Registered Address
Titan House, Kingsbury Link, Tamworth, Staffordshire, England, B78 2EX
Status
Active
Employee Count
37
Turnover
£117,649,000
EBITDA
£6,704,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 June 1998
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Raw Materials And Intermediate Goods
Region
West Midlands

Time to Pay

Average Time to Pay
75 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
18%
31-60 Days
45%
After 60 Days
37%
Not Paid Within Terms25%

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: 2024-08-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20255136%32%32%10%
01 Jul 2023 - 31 Dec 202324 Jan 20246411%52%37%20%
01 Jul 2022 - 31 Dec 202216 Jan 20235030%41%29%27%
01 Jan 2022 - 30 Jun 202214 Jul 20225230%38%32%28%
01 Jul 2021 - 31 Dec 202118 Jan 20224736%35%29%22%
01 Jan 2021 - 30 Jun 202129 Jul 20214935%37%28%32%

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

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

Dispute Resolution Process

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.

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

RTI International Metals Limited is a global company that specializes in the production of advanced titanium and specialty metal products for various industries. Founded in 1950, the company is headquartered in Runcorn, UK and has operations in North America, Europe, and Asia.

The company's sustainability program is focused on reducing its environmental impact and promoting responsible business practices. This includes implementing energy efficiency measures, reducing waste and emissions, and promoting sustainable sourcing of raw materials.

RTI International Metals Limited offers a wide range of products and services, including titanium and specialty metal components for aerospace, defense, medical, and industrial applications. The company also provides engineering and design support, as well as technical consulting and training services.

Key people in the company include the CEO, Mark Smith, and the President and COO, Tim Rupert. They are supported by a team of experienced executives and professionals who are committed to driving the company's growth and success.

For more information about RTI International Metals Limited and its products and services, please visit their website at www.rtiintl.com. The company's registered office address is RTI International Metals Limited, 5 Manor Park, Runcorn, Cheshire WA7 1ST, UK.

Financial Metrics

Cash
£0
Net Worth
£29,210,339
Total Current Assets
£41,497,905
Total Current Liabilities
£14,075,567

Company Location