TURBINE SURFACE TECHNOLOGIES LIMITED

PaymentCheck Score 2025
59Fair
1.9vs last year
#3144 in UK
#45 in Raw Materials And Intermediate Goods
#124 in East Midlands

Company Information

Company Number
04040105
Registered Address
Unit 13a, Little Oak Drive Sherwood Park, Annesley, Nottinghamshire, England, England, NG15 0DR
Status
Active
Employee Count
550
Turnover
£86,130,000
EBITDA
£15,188,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 July 2000
Nature of Business
25610 - Treatment and coating of metals
Industries
Raw Materials And Intermediate Goods
Region
East Midlands

Time to Pay

Average Time to Pay
42 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
38%
31-60 Days
47%
After 60 Days
15%
Not Paid Within Terms19%

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: 2025-07-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
29 Dec 2024 - 28 Jun 202518 Jul 20254238%47%15%19%
01 Jul 2024 - 31 Dec 202407 May 20254334%51%15%20%
01 Jan 2024 - 30 Jun 202425 Jul 20244338%46%16%25%
01 Jul 2023 - 31 Dec 202322 Apr 20243942%48%10%7%
01 Jul 2022 - 31 Dec 202225 Jan 20234532%48%20%1%
01 Jan 2022 - 30 Jun 202214 Jul 20224728%49%22%1%
01 Jul 2021 - 31 Dec 202103 Feb 20224435%49%16%1%
01 Jan 2021 - 30 Jun 202128 Jul 20214830%47%23%3%
01 Jan 2019 - 30 Jun 201930 Jul 20194335%50%15%10%
01 Jul 2018 - 31 Dec 201829 Jan 20194240%43%17%26%
01 Jan 2018 - 30 Jun 201826 Jul 20184144%38%18%29%

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

All suppliers are offered net 60 day payment terms as standard

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

A queried invoice should be reported to the supplier within 14 days. The supplier will then be chased two more times for resolution, waiting 7 days between chases.

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

Turbine Surface Technologies Limited is a company that specializes in providing surface coating solutions for various industries, including aerospace, oil and gas, and power generation. The company is committed to sustainability and has implemented various measures to minimize its environmental impact.

Their sustainability program focuses on reducing energy consumption, waste generation, and carbon emissions. They have also invested in renewable energy sources and have implemented recycling and waste reduction initiatives.

The company offers a wide range of products and services, including thermal spray coatings, plasma coatings, and laser cladding. These coatings are used to improve the performance and durability of components such as turbine blades, engine parts, and valves.

The key people at Turbine Surface Technologies Limited include the managing director, who oversees the overall operations of the company, and the technical director, who leads the research and development team. Both individuals have extensive experience in the surface coating industry.

The company's website address is www.tstl.co.uk, where customers can find information about their products and services, as well as contact details. The registered office address is located at Unit 10, Enterprise Court, Farfield Park, Rotherham, S63 5DB, United Kingdom.

In summary, Turbine Surface Technologies Limited is a leading provider of surface coating solutions with a strong focus on sustainability. Their range of products and services, coupled with their experienced team, makes them a reliable choice for industries looking to improve the performance and efficiency of their components.

Financial Metrics

Cash
£21,330,000
Net Worth
£38,849,000
Total Current Assets
£37,403,000
Total Current Liabilities
£13,737,000

Company Location