30 Fair PaymentHow fast UK companies pay their suppliers
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Sheffield Forgemasters International Limited

Registered as SHEFFIELD FORGEMASTERS INTERNATIONAL LIMITED. Company number 04883675. 10 payment practices reports on file, the latest for the period ending 31 December 2022, filed 30 January 2023.

48days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 July 2022 to 31 December 2022, Sheffield Forgemasters International Limited reported that it took an average of 48 days to pay its suppliers' invoices. It paid 30% of invoices within 30 days, 36% in 31 to 60 days and 34% after more than 60 days. It said 39% of invoices were not paid within the agreed terms.

A year earlier, in the period to 31 December 2021, the average was 53 days, so it is 5 days faster now.

This company has not filed a report for a period ending since May 2025, so it is not in our current tables. Companies stop reporting when they no longer meet the size test, are restructured or close.

Average days to pay, report by report

30 53 Jun 2018 62 Dec 2018 52 Jun 2019 56 Dec 2019 47 Jun 2020 56 Dec 2020 54 Jun 2021 53 Dec 2021 48 Jun 2022 48 Dec 2022

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jul to Dec 2022 30 Jan 2023 48 30%36%34%39% Report
Jan to Jun 2022 2 Aug 2022 48 27%39%34%19% Report
Jul to Dec 2021 31 Jan 2022 53 21%37%42%22% Report
Jan to Jun 2021 28 Jul 2021 54 19%40%41%12% Report
Jul to Dec 2020 1 Feb 2021 56 17%37%46%11% Report
Jan to Jun 2020 3 Aug 2020 47 26%45%29%19% Report
Jul to Dec 2019 28 Jan 2020 56 14%39%47%14% Report
Jan to Jun 2019 31 Jul 2019 52 16%43%41%11% Report
Jul to Dec 2018 4 Feb 2019 62 6%40%54%54% Report
Jan to Jun 2018 31 Jul 2018 53 17%40%42%67% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.