| 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 | 27 | 51% | 36% | 13% | 39% |
| 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% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 31 | 54% | 34% | 12% | 82% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
23 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 (31%) and 60 days 5th of following month (11%) also 14 days net (11%).
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
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.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
HQW Aerospace (UK) Limited is a Plymouth-based manufacturer of super precision ball bearings, trading under the Barden Bearings brand. Incorporated in 1948, the company designs and produces bearings, including deep groove, angular contact and spindle bearings, along with related components such as bearing cages, lubrication and closures. Its products are supplied into demanding sectors including aerospace and defence, medical systems, vacuum technology and space applications, where high speed, tight tolerances and reliability are required. The Barden brand is described as a world leader in super precision ball bearings, manufactured and designed at the company's Plymouth, UK facility, forming part of a wider international network of offices and locations.
Generated from the company's website and Companies House records. Sources: bardenbearings.co.uk · bardenbearings.co.uk