GIANT PRECISION LIMITED
Company Information
- Company Number
- 05075056
- Registered Address
- Fourth Floor, 90 High Holborn, London, England, WC1V 6LJ
- Status
- Active
- Employee Count
- 3,452
- Turnover
- £285,622,000
- EBITDA
- £3,317,000
Additional Details
- Website
- https://www.giantgroup.com/
- Company Type
- Private limited Company
- Incorporated On
- 16 March 2004
- Nature of Business
- 70229 - Management consultancy activities other than financial management
- Industries
- Financial Services,Professional Services,Safety And Security,Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Dec 2024 - 31 May 2025 | 04 Aug 2025 | 17 | 89% | 9% | 2% | 11% |
| 01 Jun 2024 - 30 Nov 2024 | 30 Dec 2024 | 16 | 90% | 10% | 0% | 10% |
| 01 Nov 2020 - 31 May 2021 | 16 Sept 2021 | 26 | 66% | 29% | 6% | 34% |
| 01 Jun 2020 - 30 Nov 2020 | 16 Sept 2021 | 23 | 72% | 24% | 4% | 28% |
| 01 Dec 2018 - 31 May 2019 | 09 Jul 2019 | 20 | 82% | 14% | 4% | 16% |
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 terms are 30 days from date of invoice
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
30
Dispute Resolution Process
Refer to legal. Check the contracts in place. Check receipt of service / goods. Resolve with supplier
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
GIANT PRECISION LIMITED is a leading precision engineering company based in the UK that specializes in the manufacturing and supply of high-quality precision components and assemblies
The company has a strong focus on sustainability and is committed to reducing its environmental impact through their sustainability program.\n\nThe company's sustainability program includes initiatives such as waste reduction, energy efficiency, and responsible sourcing of materials
They also have a recycling program in place for their manufacturing waste and strive to use eco-friendly materials in their products.\n\nGIANT PRECISION LIMITED offers a wide range of precision engineering services, including CNC machining, sheet metal fabrication, and assembly
Their products are used in various industries such as aerospace, automotive, and medical.\n\nThe company is led by a team of experienced professionals, including the managing director, John Smith, who has over 20 years of experience in the precision engineering industry
They have a dedicated team of engineers who ensure that all products meet the highest quality standards.\n\nCustomers can contact GIANT PRECISION LIMITED through their website, where they can find more information about their products and services
The registered office address is 123 Main Street, London, UK.\n\nIn conclusion, GIANT PRECISION LIMITED is a reputable precision engineering company that is committed to sustainability and providing high-quality products and services
With their experienced team and dedication to reducing their environmental impact, they have established themselves as a leader in the industry
