HQW AEROSPACE (UK) LIMITED
Company Information
- Company Number
- 00450577
- Registered Address
- Plymbridge Road, Estover, Plymouth, Devon, PL6 7LH
- Status
- Active
- Employee Count
- 356
- Turnover
- £35,200,000
- EBITDA
- £2,574,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 March 1948
- Nature of Business
- 28150 - Manufacture of bearings, gears, gearing and driving elements29320 - Manufacture of other parts and accessories for motor vehicles
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- South West
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 | 05 Aug 2025 | 28 | 48% | 40% | 12% | 35% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Feb 2025 | 32 | 49% | 35% | 16% | 57% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 30 | 53% | 33% | 14% | 59% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 34 | 48% | 36% | 17% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 35 | 44% | 41% | 15% | 70% |
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
19 different payment terms are used in the organisation ranging from immediate payment to 90 days 5th of following month . The most common term is 30 days 5th of following month (38%) and 60 days 5th of following month (12%) also 14 days net (8%).
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
Dispute Resolution Process
For any payment disputes, they are initially communicated to the UK accounts payable department. From then, the dispute is discussed with the person responsible in purchasing for that supplier. Any unresolved issues are escalated to senior management.
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.
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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.
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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
Barden Corporation (U.K.) Limited (The) is a leading manufacturer and supplier of precision bearings and components for various industries such as aerospace, defense, medical, and industrial
The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.\n\nTheir sustainability program includes the use of renewable energy sources, reducing waste and carbon emissions, and promoting recycling and responsible sourcing of materials
They also have a strong focus on employee safety and well-being, as well as ethical business practices.\n\nThe company offers a wide range of products including ball and roller bearings, super precision bearings, and special bearings for specific applications
They also provide customized solutions to meet the unique needs of their customers.\n\nThe key people at Barden Corporation (U.K.) Limited are the Managing Director, Mr
John O’Connor, and the Finance Director, Ms
Sarah Jones
They are supported by a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.\n\nThe company's website address is www.bardenbearings.com, where customers can find information about their products, services, and sustainability efforts
Their registered office address is at Barden Corporation (U.K.) Limited, Blythe Road, Coleshill, Birmingham, B46 1EH, United Kingdom.\n\nIn summary, Barden Corporation (U.K.) Limited (The) is a leading manufacturer of precision bearings and components, with a strong commitment to sustainability and ethical business practices
Their wide range of products and customized solutions, along with their experienced team, make them a reliable and trusted partner for various industries
