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 2025 - 31 Dec 2025 | 27 Feb 2026 | 49 | 19% | 50% | 31% | 33% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Feb 2026 | 46 | 25% | 47% | 28% | 26% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 48 | 21% | 47% | 32% | 31% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 49 | 24% | 41% | 36% | 32% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Mar 2024 | 51 | 20% | 41% | 38% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 15 Mar 2024 | 49 | 23% | 41% | 36% | 69% |
| 01 Jul 2022 - 31 Dec 2022 | 15 Mar 2024 | 60 | 11% | 42% | 47% | 28% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Dec 2023 | 27 | 58% | 23% | 19% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Dec 2023 | 32 | 55% | 23% | 23% | 84% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 51 | 15% | 52% | 33% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days EOM
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
60
Invoice disputes are dealt with by the appropriate managers who work with the supplier to get the queries resolved as soon as possible
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.
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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
Barclay & Mathieson Limited is a Glasgow-registered company trading as BM Steel, a UK steel stockholder and distributor founded in 1877 and incorporated in 1955. It operates from around 15 depots nationwide, from Aberdeen to Winchester, Sittingbourne and Bangor, supplying structural steel sections, sheet metals, engineering steel, hollow sections and bright bars, along with bespoke cutting and depot collection or delivery services. The wider group also supplies composite decking, fencing, cladding, glass balustrades and handrail systems through its BM Architectural arm. The group has undergone several acquisitions over the years and was acquired by Marubeni-Itochu Steel Inc. in 2022, with the registered entity forming part of that wider steel stockholding group.
Generated from the company's website and Companies House records. Sources: bmsteel.co.uk · bmsteel.co.uk