RAYTHEON SYSTEMS LIMITED
Company Information
- Company Number
- 00406809
- Registered Address
- Kao One, Kao Park, Harlow, Essex, England, CM17 9NA
- Status
- Active
- Employee Count
- 1,867
- Turnover
- £368,135,000
- EBITDA
- £26,797,000
Additional Details
- Website
- https://raytheon.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 23 March 1946
- Nature of Business
- 84220 - Defence activities
- Industries
- Coming Soon
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 27 | 73% | 25% | 2% | 6% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Feb 2025 | 26 | 72% | 26% | 2% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 29 | 67% | 30% | 3% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 16 Feb 2024 | 29 | 71% | 25% | 4% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 02 Aug 2023 | 29 | 72% | 24% | 4% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 26 | 77% | 21% | 2% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 27 | 70% | 28% | 2% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 25 | 78% | 22% | 0% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 23 | 80% | 18% | 1% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Feb 2020 | 34 | 64% | 33% | 3% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 41 | 51% | 42% | 7% | 20% |
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
https://prd-sc102-cdn.rtx.com/-/media/rtx-uk/who-we-are/partnering-with-ruk/raytheon-general-terms-and-conditions-of-purchase-tc-004-uk-04-2024-final.pdf?rev=35c6f878f0d74e5a8904024b3944d9e8
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
Dispute Resolution Process
If a dispute cannot be resolved by the parties within 90 days, then (1) where the seller is a UK entity the dispute shall be submitted to the English Courts unless the Buyer notifies the Seller it opts for arbitration or (2) where the Seller is not a UK entity, or where Buyer has opted for arbitration, dispute shall be heard in London by binding arbitration in the English language under the LCIA rules
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
Raytheon Systems Limited is a technology and defense company based in the United Kingdom
The company specializes in providing advanced systems and services for the defense, civil government, and commercial markets.\n\nThe company's sustainability program is focused on reducing its environmental impact through various initiatives such as energy and waste management, water conservation, and sustainable sourcing
Raytheon also prioritizes ethical and responsible business practices, including diversity and inclusion, human rights, and community engagement.\n\nRaytheon offers a wide range of products and services, including advanced defense systems, cybersecurity solutions, and intelligence, surveillance, and reconnaissance (ISR) systems
The company also provides training and support services for its products.\n\nSome key people in Raytheon Systems Limited include their President, Richard Daniel; Vice President of Operations, Nick Chaffey; and Vice President of Engineering, Paul Kennedy.\n\nThe company's registered office address is located at 1310 Waterside, Arlington Business Park, Theale, Reading, RG7 4SA, United Kingdom
Their website address is https://www.raytheon.co.uk/
Customers can also contact the company through their phone number +44 (0) 118 964 5000 or email at info@raytheon.co.uk.\n\nOverall, Raytheon Systems Limited is a leading technology and defense company in the UK, with a strong commitment to sustainability and ethical business practices
Their wide range of products and services make them a valuable partner for both the government and commercial sectors
