SAFRAN SEATS GB LIMITED

PaymentCheck Score 2025
29Poor
1.3vs last year
#4327 in UK
#291 in Travel And Transportation
#62 in Wales

Company Information

Company Number
00278391
Registered Address
Kestrel House Lakeside, Llantarnam Industrial Park, Cwmbran, Wales, NP44 3HQ
Status
Active
Employee Count
792
Turnover
£115,866,000
EBITDA
-£651,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 July 1933
Nature of Business
30300 - Manufacture of air and spacecraft and related machinery
Industries
Travel And Transportation
Region
Wales

Time to Pay

Average Time to Pay
72 days
Shortest Period:60 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
6%
31-60 Days
28%
After 60 Days
66%
Not Paid Within Terms21%

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: 2025-07-23
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 202523 Jul 2025726%28%66%21%
01 Jul 2024 - 31 Dec 202429 Jan 2025725%33%62%20%
01 Jan 2024 - 30 Jun 202426 Jul 20247910%33%58%29%
01 Jul 2023 - 31 Dec 202322 Jan 2024717%29%64%21%
01 Jul 2022 - 31 Dec 202224 Jan 2023648%33%59%15%
01 Jan 2022 - 30 Jun 202229 Jul 20221009%36%55%24%
01 Jul 2021 - 31 Dec 202131 Jan 2022827%33%60%66%
01 Jan 2021 - 30 Jun 202131 Jul 20211144%20%76%94%
01 Jan 2020 - 30 Jun 202030 Jul 2020871%15%84%99%
01 Jul 2019 - 31 Dec 201931 Jan 2020822%15%84%99%

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 month end

Were there any changes to the standard payment terms in the reporting period?

9 new suppliers set up in the reporting period with terms less than standard payment terms. These accounts have been set up with terms of 30 days date of invoice, 30 days end of month, 45 days date of invoice and 60 days date of invoice.

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

At Safran Seats GB Ltd, we strive to resolve queries and disputes on a timely basis. In respect of suppliers, goods received are inspected and receipted on site with any issues arising communicated to the supplier via telephone and e-mail. In the rare event that a dispute cannot be resolved by quality and commercial staff, the matter will be referred to our in-house legal team. The figures above have not been amended to remove invoices which are under query or in dispute.

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

SAFRAN SEATS GB LIMITED is a leading company in the aerospace industry, with a strong focus on sustainability. They offer a range of products and services, including the design, manufacture, and maintenance of aircraft seats.

The company's sustainability program is a key aspect of their operations, with a commitment to reducing their environmental impact through the use of sustainable materials, energy-efficient processes, and waste reduction strategies. They also prioritize the well-being of their employees and the communities in which they operate.

SAFRAN SEATS GB LIMITED is led by a team of experienced and knowledgeable individuals, including CEO Jean-Paul Herteman and Chairman Ross McInnes. They are dedicated to driving the company's growth while maintaining their commitment to sustainability.

For more information on their products, services, and sustainability initiatives, interested parties can visit their website at www.safran-seats.com. The registered office address for SAFRAN SEATS GB LIMITED is 22 Quai Gallieni, 92150 Suresnes, France.

Financial Metrics

Cash
£0
Net Worth
-£137,786,000
Total Current Assets
£151,046,000
Total Current Liabilities
£233,446,000

Company Location