Industry ranking
| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 51 | 24% | 35% | 41% | 66% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 51 | 24% | 38% | 38% | 80% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 47 | 29% | 39% | 32% | 70% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 41 | 42% | 30% | 28% | 78% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 44 | 36% | 32% | 32% | 82% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 46 | 33% | 33% | 34% | 85% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 41 | 40% | 32% | 28% | 91% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 42 | 41% | 34% | 25% | 81% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 43 | 42% | 31% | 27% | 73% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 52 | 26% | 38% | 36% | 59% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 57 | 5% | 32% | 63% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 58 | 4% | 31% | 65% | 33% |
| 01 Jul 2019 - 29 Dec 2019 | 31 Jan 2020 | 61 | 4% | 31% | 65% | 49% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 56 | 5% | 34% | 61% | 43% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 50 | 8% | 42% | 50% | 53% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Net Two Monthly
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
90
Any dispute or complaint by suppliers regarding payments should be directed in the first instance to the Accounts Payable mailbox; all queries will be directed to the named individual responsible for the expenditure. If their contact is unable to resolve the issue they should escalate to the Shared Services Finance Manager.
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
Teledyne UK Limited is a long-established registered company, incorporated in 1947, whose Companies House record lists electronic component manufacturing. However, its trading operation presents itself online as Teledyne CML Composites, a specialist manufacturer of aerospace composite parts and assemblies. It designs and produces components such as carbon fibre composite parts and thermoplastic composite assemblies, supplying these to commercial and defence aircraft programmes worldwide. The business describes its expertise as dating from the 1940s and positions itself within the aerospace manufacturing sector, covering engineering through to assembly of composite structures for aircraft platforms. It operates as part of the wider Teledyne group.
Generated from the company's website and Companies House records. Sources: cml-group.com · cml-group.com