BLAENAVON FORGINGS LIMITED

PaymentCheck Score 2025
38Poor
1.4vs last year
#4177 in UK
#41 in Safety And Security
#197 in East Midlands

Company Information

Company Number
11775472
Registered Address
Forged Solutions Group Dale Road North, Darley Dale, Matlock, Derbyshire, England, DE4 2JB
Status
Active
Employee Count
175
Turnover
£46,127,000
EBITDA
£8,003,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 January 2019
Nature of Business
25990 - Manufacture of other fabricated metal products not elsewhere classified
Industries
Safety And Security
Region
East Midlands

Time to Pay

Average Time to Pay
52 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
25%
31-60 Days
42%
After 60 Days
33%
Not Paid Within Terms69%

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: 2025-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202508 Jul 20255024%45%31%73%
01 Jul 2024 - 31 Dec 202413 Jan 20255225%42%33%69%
01 Jan 2024 - 30 Jun 202404 Jul 20245423%37%40%74%
01 Jul 2023 - 31 Dec 202323 Jan 20245523%37%40%75%
01 Jan 2023 - 30 Jun 202313 Jul 20235425%32%43%85%
01 Jul 2022 - 31 Dec 202216 Jan 20235128%38%34%75%
01 Jan 2022 - 30 Jun 202208 Jul 20224731%41%28%69%
01 Jul 2021 - 31 Dec 202112 Jan 20224536%37%27%64%
01 Jan 2021 - 30 Jun 202109 Jul 20214433%42%25%69%
01 Jul 2020 - 31 Dec 202021 Jan 20214831%40%29%88%
01 Jan 2020 - 30 Jun 202030 Jul 20205920%29%51%85%
01 Jul 2019 - 31 Dec 201913 Feb 20205919%25%56%88%

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

120

Dispute Resolution Process

Suppliers can contact Accounts Payable at either blaenavonaccounts@forgedsolutions-bfl.com or telephone 01495 796116 who will then refer the issue to the appropriate department.

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

Blaenavon Forgings Limited is a UK-based company that specializes in the manufacturing of high-quality forged products. Founded in 2007, the company has a strong focus on sustainability and prides itself on its commitment to reducing its environmental impact.

The company's sustainability program includes initiatives such as using renewable energy sources, reducing waste and implementing energy-efficient processes. They also have a comprehensive recycling program in place to ensure minimal waste is sent to landfills. As a result of these efforts, Blaenavon Forgings Limited has received several sustainability awards and certifications.

Their product range includes a wide variety of forged components for industries such as automotive, aerospace, and oil and gas. These products are made using state-of-the-art technology and are known for their durability and high performance. The company also offers custom-made solutions to meet the specific needs of their clients.

The key people at Blaenavon Forgings Limited include the managing director, technical director, and production manager, who together have decades of experience in the forging industry. Their expertise and leadership have been instrumental in the company's success and growth.

For any inquiries or more information about their products and services, Blaenavon Forgings Limited can be contacted through their website or at their registered office address: Unit 4, Blaenavon Industrial Estate, Blaenavon, NP4 9RL. Their website, www.blaenavonforgings.co.uk, also provides detailed information about their sustainability efforts, products, and services.

Financial Metrics

Cash
£744,000
Net Worth
£9,844,000
Total Current Assets
£15,705,000
Total Current Liabilities
£5,878,000

Company Location