Industry ranking
| 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 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 52 | 26% | 40% | 34% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 47 | 30% | 40% | 30% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 47 | 23% | 46% | 31% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 50 | 27% | 41% | 32% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 51 | 31% | 33% | 36% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 54 | 24% | 35% | 42% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 50 | 32% | 31% | 37% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 19 Jul 2021 | 52 | 28% | 28% | 44% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 25 Jul 2020 | 51 | 27% | 35% | 38% | 10% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Jan 2020 | 50 | 27% | 35% | 38% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 49 | 29% | 36% | 35% | 7% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 49 | 28% | 36% | 36% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 49 | 27% | 38% | 35% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
AMG Aluminum has differing terms with suppliers depending upon: 1. The nature of the goods and services provided 2. The location of the business providing the goods or service. For example where goods are shipped globally to AMG terms may be longer to account for shipping time. AMG Aluminum targets payment terms of at least 90 days from date of shipment for raw material supplies and 45 days from date of invoice for other supplies and services.
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
95
Overall our policy is to pay valid, undisputed invoices to the timescales agreed with our suppliers. Any payment or other contractual disputes are addressed in a constructive manner. AMG Aluminum communicates a clear contact and escalation process to all suppliers upon initially onboarding each supplier. This has a 2 day timescale and escalation point if the matter is not being addressed adequately.
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.
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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
AMG Aluminum UK Limited is registered in Rotherham and classified under aluminium production. It forms part of the wider AMG group of UK companies, alongside AMG Chrome Limited and AMG Alpoco, which together operate from the same Fullerton Road site and participate in a shared group pension arrangement. The company's own registered activity, aluminium production, places it within the raw materials supply chain rather than downstream manufacturing or fabrication. No further detail on specific products, customers or operations is available from the evidence, but the company remains active and continues to be linked administratively to the AMG UK Group pension scheme alongside its sister entities.
Generated from the company's website and Companies House records. Sources: amgukgrouppensions.com