PRIMETALS TECHNOLOGIES, LIMITED
Company Information
- Company Number
- 09155890
- Registered Address
- Building 11 Chiswick Park, 566 Chiswick High Road, London, England, W4 5YA
- Status
- Active
- Employee Count
- 256
- Turnover
- £76,325,000
- EBITDA
- -£17,290,000
Additional Details
- Website
- https://primetals.com
- Company Type
- Private limited Company
- Incorporated On
- 31 July 2014
- Nature of Business
- 71121 - Engineering design activities for industrial process and production96090 - Other service activities not elsewhere classified
- Industries
- Raw Materials And Intermediate Goods
- Region
- London
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 Oct 2024 - 31 Mar 2025 | 12 Jun 2025 | 53 | 27% | 50% | 23% | 15% |
| 01 Oct 2023 - 31 Mar 2024 | 17 May 2024 | 60 | 23% | 49% | 28% | 18% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 57 | 19% | 51% | 30% | 25% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 62 | 24% | 43% | 33% | 25% |
| 01 Apr 2022 - 30 Sept 2022 | 01 Nov 2022 | 85 | 22% | 43% | 35% | 49% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 59 | 24% | 43% | 33% | 28% |
| 01 Apr 2021 - 30 Sept 2021 | 14 Oct 2021 | 65 | 20% | 44% | 36% | 35% |
| 01 Oct 2020 - 31 Mar 2021 | 12 May 2021 | 50 | 34% | 41% | 25% | 0% |
| 01 Apr 2020 - 30 Sept 2020 | 21 Oct 2020 | 76 | 28% | 41% | 31% | 15% |
| 01 Apr 2019 - 30 Sept 2019 | 11 Oct 2019 | 43 | 41% | 45% | 13% | 89% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 44 | 42% | 47% | 11% | 76% |
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
General payment terms are between 30 to 90 days.
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
150
Dispute Resolution Process
Contact Accounts payable, request clarification.
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
PRIMETALS TECHNOLOGIES, LIMITED is a leading engineering, plant-building and lifecycle partner for the metals industry. With a strong focus on sustainability, the company provides innovative solutions for iron and steelmaking, along with other metal-related industries.
Their sustainability program, called "Green Solutions", aims to minimize the environmental impact of their products and services. This includes reducing energy consumption, emissions, and waste, as well as increasing the use of renewable energy sources. PRIMETALS TECHNOLOGIES also offers a range of sustainable products, such as the Converteam motors which are highly energy-efficient.
The company was formed in 2015 as a joint venture between Mitsubishi Heavy Industries and Siemens. It is headquartered in London, United Kingdom, and has a presence in over 30 countries worldwide. PRIMETALS TECHNOLOGIES has a strong team of over 7,000 employees, including experts in engineering, technology, and project management.
Their portfolio of products and services includes integrated solutions for the entire production process of iron and steel, such as blast furnaces, electric arc furnaces, and continuous casting machines. They also offer automation and digitalization solutions to optimize production processes and increase efficiency.
PRIMETALS TECHNOLOGIES is committed to being a responsible corporate citizen and has implemented various initiatives to support the communities where it operates. This includes partnerships with local organizations, supporting education and training programs, and contributing to disaster relief efforts.
Their website (primetals.com) provides detailed information about their products, services, and sustainability efforts. The registered office address is 8th Floor, 30 Brock Street, London NW1 3FG, United Kingdom. PRIMETALS TECHNOLOGIES continues to be a leader in the metals industry, with a strong focus on sustainability and innovation.
