SHEFFIELD FORGEMASTERS ENGINEERING LIMITED
Company Information
- Company Number
- 04864216
- Registered Address
- PO BOX 286, Brightside Lane, Sheffield, South Yorkshire, S9 2RW
- Status
- Active
- Employee Count
- 641
- Turnover
- £100,102,000
- EBITDA
- £2,105,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 August 2003
- Nature of Business
- 24100 - Manufacture of basic iron and steel and of ferro-alloys
- Industries
- Raw Materials And Intermediate Goods
- Region
- Yorkshire and The Humber
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 40 | 39% | 40% | 21% | 12% |
| 01 Oct 2024 - 31 Mar 2025 | 10 Jun 2025 | 45 | 30% | 42% | 28% | 8% |
| 01 Apr 2024 - 30 Sept 2024 | 10 Jun 2025 | 50 | 27% | 43% | 30% | 8% |
| 01 Jan 2024 - 31 Mar 2024 | 11 Jun 2024 | 48 | 34% | 39% | 27% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 48 | 27% | 39% | 34% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 53 | 21% | 37% | 42% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 54 | 19% | 40% | 41% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2021 | 56 | 17% | 37% | 46% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 55 | 14% | 39% | 47% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 62 | 9% | 37% | 54% | 54% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 53 | 17% | 40% | 43% | 67% |
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
The company's standard payment terms are 60 days after the end of the month in which a valid invoice is submitted but we have various contracts with suppliers where different payment have been agreed.
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
60
Dispute Resolution Process
The business rarely has disputes relating to payments and will only withhold payment where there is legitimate legal and contractual basis to do so. Any dispute would be handled by our supply chain management and finance departments in the first instance. Any substantive issue over the validity of an invoice would be referred to the Procurement and Legal teams for resolution.
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
Sheffield Forgemasters Engineering Limited is a renowned engineering company based in Sheffield, United Kingdom. The company was established in 1805 and has since been a leading provider of high-quality engineering services and products.
The company's sustainability program is focused on minimizing its environmental impact and promoting ethical business practices. This includes reducing energy consumption, using renewable energy sources, and promoting recycling and waste management.
Sheffield Forgemasters Engineering Limited offers a wide range of products and services, including engineering design and manufacturing, casting and forging, and heavy engineering solutions for various industries such as nuclear, defense, and oil and gas. The company also provides training and apprenticeship programs to support the development of future engineers.
The key people of Sheffield Forgemasters Engineering Limited include the chairman, Tony Pedder, and the CEO, Graham Honeyman, who have extensive experience in the engineering industry.
The registered office address of Sheffield Forgemasters Engineering Limited is located at Brightside Lane, Sheffield, South Yorkshire, S9 2RX, United Kingdom. Their website address is www.sheffieldforgemasters.com, where more information about their products, services, and sustainability program can be found.
