| 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 Nov 2024 - 30 Apr 2025 | 05 Mar 2026 | 31 | 51% | 48% | 1% | 14% |
| 01 May 2024 - 31 Oct 2024 | 05 Mar 2026 | 31 | 65% | 34% | 1% | 1% |
| 01 Nov 2023 - 30 Apr 2024 | 05 Mar 2026 | 31 | 71% | 28% | 1% | 2% |
| 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 2022 - 31 Oct 2022 | 26 Jan 2023 | 31 | 55% | 44% | 1% | 10% |
| 01 Nov 2021 - 30 Apr 2022 | 26 Oct 2022 | 31 | 52% | 47% | 1% | 21% |
| 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% |
| 01 Nov 2019 - 30 Apr 2020 | 18 Jun 2020 | 31 | 64% | 31% | 5% | 21% |
| 01 May 2019 - 31 Oct 2019 | 29 Dec 2019 | 31 | 64% | 30% | 6% | 19% |
| 01 Nov 2018 - 30 Apr 2019 | 05 Dec 2019 | 31 | 72% | 27% | 1% | 13% |
| 01 May 2018 - 31 Oct 2018 | 05 Dec 2019 | 32 | 72% | 25% | 3% | 1% |
| 01 Nov 2017 - 30 Apr 2018 | 07 Jun 2018 | 32 | 80% | 18% | 2% | 4% |
This information is as reported by the business, and responses are in their own words.
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
Invoices are recorded on purchase ledger but held for payment approval is in dispute. A resolution process is then applied until resolved.
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
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.
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