GRAINGER & WORRALL ENGINEERING LIMITED
Company Information
- Company Number
- 06314112
- Employee Count
- 38
- Turnover
- £6,219,681
- EBITDA
- -£2,063,772
Additional Details
- Website
- https://gwcast.co.uk
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- West Midlands
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 Dec 2021 - 31 May 2022 | 28 Jun 2022 | 82 | 11% | 13% | 77% | 61% |
| 01 Jun 2021 - 30 Nov 2021 | 23 Dec 2021 | 64 | 21% | 18% | 62% | 39% |
| 01 Dec 2020 - 31 May 2021 | 29 Jun 2021 | 64 | 11% | 29% | 60% | 25% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 59 | 18% | 33% | 49% | 5% |
| 04 Jun 2017 - 30 Nov 2017 | 22 Dec 2017 | 70 | 4% | 13% | 83% | 96% |
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
60 days end of month
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
91
Dispute Resolution Process
Company deals with disputes in a fair and professional manner
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
Grainger & Worrall Engineering Limited is a leading UK-based engineering company that specializes in the production of high-quality castings for a wide range of industries. The company was founded in 1946 and has since established itself as a trusted partner to many global brands.
The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting ethical practices throughout their operations. They have implemented various measures such as using sustainable materials and reducing energy consumption in their manufacturing processes.
Grainger & Worrall offers a variety of products and services, including casting design, tooling, machining, and assembly. They cater to a diverse range of industries, including automotive, aerospace, and motorsports. Their products are known for their precision, durability, and high-performance capabilities.
The company is led by a team of experienced professionals, including Chief Executive Officer Edward Grainger and Managing Director Matthew Grainger. They are dedicated to driving the company's success and upholding its values of quality, innovation, and sustainability.
For more information, interested parties can visit their website at www.gwcast.com. The registered office address for Grainger & Worrall Engineering Limited is Grainger & Worrall Ltd, Hortonwood 33, Telford, Shropshire, TF1 7EX, United Kingdom.
