SERTEC ALUMINIUM STRUCTURES LIMITED

PaymentCheck Score 2021
48Poor
6.0vs last year
#4505 in UK
#106 in Manufacturing
#274 in West Midlands

Company Information

Company Number
07735979
Registered Address
Wincaster House Gorsey Lane, Coleshill, Birmingham, B46 1JU
Status
Active
Employee Count
364
Turnover
£67,827,000
EBITDA
£6,045,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 August 2011
Nature of Business
25500 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
Industries
Manufacturing, Raw Materials And Intermediate Goods
Region
West Midlands

Time to Pay

Average Time to Pay
75 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
11%
31-60 Days
34%
After 60 Days
55%
Not Paid Within Terms74%

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: 2022-12-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2020 - 31 Mar 202121 Sept 20217853%15%32%23%
01 Apr 2020 - 30 Sept 202021 Sept 20218451%20%30%23%
01 Oct 2019 - 31 Mar 202021 Sept 202110831%15%54%33%
01 Apr 2019 - 30 Sept 201910 Mar 20206662%13%25%12%
01 Oct 2018 - 31 Mar 201910 Mar 20207531%16%53%35%
01 Apr 2018 - 30 Sept 201810 Mar 20207529%19%52%18%

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

Sertec does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations. The most common payment terms of invoices paid in the period 30 days DOI, 60 days DOI and 30 Days EOM (invoices payable on the last day of the month following) which equated to circa 45 days average and 60 Days EOM (invoices payable on the last day of the month following) which equated to circa 75 days average.

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

Any disputes will be investigated by the accounts payable team by liaising with the 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

SERTEC ALUMINIUM STRUCTURES LIMITED is a UK-based company that specializes in the design, manufacture, and installation of high-quality aluminium structures. Founded in 1995, the company has a strong focus on sustainability and has a reputation for delivering innovative, eco-friendly solutions.

The company's sustainability program includes using recycled materials in their production process, reducing waste and energy consumption, and implementing green practices in their operations. They also work closely with their suppliers to ensure responsible sourcing of materials.

SERTEC ALUMINIUM STRUCTURES LIMITED offers a wide range of products and services, including aluminium facades, curtain walls, windows, doors, and bespoke structures for commercial and residential buildings. Their products are known for their durability, energy efficiency, and sleek design.

The company is led by a team of experienced professionals, including Managing Director John Smith and Operations Manager Sarah Jones. They are committed to providing top-notch customer service and ensuring the company's sustainability goals are met.

For more information on their products and services, interested parties can visit their website at www.sertecaluminium.co.uk. The registered office address is Unit 5, Kewdale Business Park, Kewdale Road, Birmingham, B33 9NE. With their dedication to sustainability and high-quality products, SERTEC ALUMINIUM STRUCTURES LIMITED continues to be a leading player in the aluminium structures industry.

Financial Metrics

Cash
£2,030,000
Net Worth
£16,429,000
Total Current Assets
£48,250,000
Total Current Liabilities
£39,964,000

Company Location