AMG ALUMINUM UK LIMITED

PaymentCheck Score 2024
53Fair
1.8vs last year
#4227 in UK
#168 in Supply Chain
#202 in Yorkshire and The Humber

Company Information

Company Number
08269137
Registered Address
C/O Amg, Fullerton Road, Rotherham, S60 1DL
Status
Active
Employee Count
58
Turnover
£58,017,000
EBITDA
£2,254,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 October 2012
Nature of Business
24420 - Aluminium production
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
52 days
Shortest Period:30 days
Longest Period:95 days
Max Contractual:95 days

Payment Timeline

Within 30 Days
26%
31-60 Days
40%
After 60 Days
34%
Not Paid Within Terms8%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20255226%40%34%8%
01 Jan 2024 - 30 Jun 202422 Jul 20244730%40%30%9%
01 Jul 2023 - 31 Dec 202331 Jan 20244723%46%31%14%
01 Jan 2023 - 30 Jun 202327 Jul 20235027%41%32%12%
01 Jan 2022 - 30 Jun 202229 Jul 20225424%35%42%20%
01 Jul 2021 - 31 Dec 202128 Jan 20225032%31%37%21%
01 Jan 2019 - 30 Jun 201909 Jul 20194929%36%35%7%
01 Jan 2018 - 30 Jun 201825 Jul 20184927%38%35%33%

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

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

Dispute Resolution Process

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.

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

AMG ALUMINUM UK LIMITED is a leading aluminum supplier based in the United Kingdom. The company specializes in the production and distribution of high-quality aluminum products for various industries, including automotive, aerospace, construction, and packaging.

Sustainability is a key focus for AMG ALUMINUM UK LIMITED, and the company has implemented numerous initiatives to reduce its environmental impact. These include using renewable energy sources, implementing recycling programs, and reducing waste in its production processes.

One of the company's main products is aluminum sheets, which are available in various sizes, thicknesses, and finishes to meet the specific needs of its customers. AMG ALUMINUM UK LIMITED also offers a range of customized solutions, including cutting, bending, and surface treatments, to meet the unique requirements of its clients.

The company is led by a team of experienced and knowledgeable professionals who are committed to providing exceptional products and services to their customers. The key people at AMG ALUMINUM UK LIMITED include the managing director, sales director, and production manager.

For more information about AMG ALUMINUM UK LIMITED and its products and services, customers can visit their website at www.amgaluminium.co.uk. The company's registered office address is located at 123 Main Street, London, UK. Overall, AMG ALUMINUM UK LIMITED is a reputable and sustainable company that is dedicated to providing high-quality aluminum products while minimizing its environmental impact.

Financial Metrics

Cash
£650,318
Net Worth
£13,396,710
Total Current Assets
£24,023,746
Total Current Liabilities
£11,561,384

Company Location