CHEMRING COUNTERMEASURES LIMITED
Company Information
- Company Number
- 00218229
- Registered Address
- Roke Manor, Old Salisbury Lane, Romsey, Hampshire, SO51 0ZN
- Status
- Active
- Employee Count
- 344
- Turnover
- £71,129,000
- EBITDA
- £20,415,000
Additional Details
- Website
- https://www.chemringcm.com/
- Company Type
- Private limited Company
- Incorporated On
- 16 December 1926
- Nature of Business
- 20510 - Manufacture of explosives25400 - Manufacture of weapons and ammunition
- Industries
- Raw Materials And Intermediate Goods
- Region
- South East
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 May 2023 - 31 Oct 2023 | 22 Jan 2024 | 31 | 54% | 45% | 1% | 10% |
| 01 Nov 2022 - 30 Apr 2023 | 15 Aug 2023 | 31 | 61% | 38% | 1% | 8% |
| 01 May 2021 - 31 Oct 2021 | 14 Dec 2021 | 31 | 64% | 35% | 1% | 7% |
| 01 Nov 2020 - 30 Apr 2021 | 08 Sept 2021 | 31 | 66% | 33% | 1% | 9% |
| 01 May 2020 - 31 Oct 2020 | 09 Feb 2021 | 31 | 56% | 40% | 4% | 17% |
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
30 days from 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
N/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoices are recorded on purchase ledger but held for payment approval is in dispute. A resolution process is then applied until resolved.
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.
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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
Company Summary
CHEMRING COUNTERMEASURES LIMITED is a leading UK-based company that specializes in the design, development, and manufacture of advanced defence and security solutions. The company is a part of the Chemring Group, a global leader in military and defence technology.
The company's main activities include the production of advanced countermeasures, such as flares, decoys, and pyrotechnics, for military and security applications. Their products are designed to protect military and commercial aircraft, ships, and ground vehicles from threats such as guided missiles and radar-guided weapons.
CHEMRING COUNTERMEASURES LIMITED has a strong commitment to sustainability and environmental responsibility. The company has implemented a sustainability program that focuses on reducing its carbon footprint, promoting energy efficiency, and minimizing waste and pollution. They have also established partnerships with suppliers who share their commitment to sustainability.
The company's key people include the CEO, Mr. Michael Flowers, who has over 30 years of experience in the defence industry. They also have a team of highly skilled engineers, scientists, and technicians who are dedicated to delivering high-quality products and services to their customers.
For more information on their products and services, as well as their sustainability efforts, you can visit their website at www.chemring.co.uk. Their registered office address is Chemring Countermeasures Limited, Units 1-3, Penenden Heath Road, Maidstone, Kent, ME14 2DQ, United Kingdom.
