BABCOCK VEHICLE ENGINEERING LIMITED
Company Information
- Company Number
- 00434529
- Registered Address
- 33 Wigmore Street, London, W1U 1QX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 May 1947
- Nature of Business
- 29100 - Manufacture of motor vehicles43999 - Other specialised construction activities not elsewhere classified
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
BABCOCK VEHICLE ENGINEERING LIMITED exhibits a trend where 73% of invoices are paid within 30 days, indicating a foundation of relatively prompt settlements. However, the average payment time of 36 days, alongside 34% of payments being late, reveals a consistent trajectory of exceeding standard 30-day terms for a significant portion of transactions. This suggests that while many payments are timely, a substantial number will consistently extend beyond initial expectations.
Volatility Analysis
The payment profile shows considerable volatility, with 16% of invoices settled between 31-60 days and a notable 11% taking over 60 days to pay. This distribution signifies a lack of predictability in payment timing, as nearly a third of payments deviate from a net-30 schedule. The 34% late payment rate highlights a consistent risk factor for suppliers who depend on reliable and timely cash flow.
Summary Analysis
Suppliers should anticipate that approximately one-third of invoices from BABCOCK VEHICLE ENGINEERING LIMITED will be paid late, with a significant minority extending beyond 60 days. Key decision factors for suppliers include assessing their own cash flow resilience and ability to absorb extended payment cycles. Consider mitigating risk by negotiating stricter payment terms, implementing a buffer for working capital, or exploring invoice financing options for higher value contracts.
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 36 | 73% | 16% | 11% | 34% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 31 | 78% | 15% | 7% | 31% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 30 | 80% | 13% | 7% | 31% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 31 | 82% | 13% | 5% | 35% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 32 | 66% | 27% | 7% | 34% |
| 01 Oct 2022 - 31 Mar 2023 | 25 Apr 2023 | 40 | 64% | 27% | 8% | 36% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 33 | 67% | 24% | 9% | 33% |
| 01 Oct 2021 - 31 Mar 2022 | 30 Apr 2022 | 29 | 78% | 16% | 6% | 22% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 43 | 59% | 34% | 7% | 57% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 46 | 42% | 47% | 11% | 59% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 42 | 53% | 37% | 10% | 48% |
| 01 Oct 2019 - 31 Mar 2020 | 23 Apr 2020 | 43 | 63% | 27% | 10% | 70% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Oct 2019 | 40 | 64% | 28% | 8% | 58% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 29 | 81% | 15% | 4% | 29% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 27 | 88% | 6% | 6% | 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
Standard payment terms are generally in the range of 30 to 60 days. Small and micro suppliers are on 30-day terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Small supplier (49 or less employees) 0% paid within 30 days
Maximum contractual payment period agreed
60
Dispute Resolution Process
Relationships with our suppliers are important to us and we rely on our suppliers to deliver high quality goods and services to meet the needs of our customers. Our purchase contracts specify dispute escalation processes. We commit to treating suppliers fairly and intend to resolve any identified disputes as quickly as possible. Point of contact details are provided on purchase orders.
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.
❌
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
BABCOCK VEHICLE ENGINEERING LIMITED is an active private limited company operating within the vehicle engineering sector
The company specialises in engineering services related to vehicles
Incorporated on 5 May 1947, it is registered under company number 00434529
The company's registered office is located at 33 Wigmore Street, London, W1U 1QX
In the UK market, companies in vehicle engineering typically offer services such as vehicle design, development, and prototyping
They also provide specialist engineering consultancy, modification, and maintenance services for a range of automotive and commercial vehicles
