AMETEK AIRTECHNOLOGY GROUP LIMITED
Company Information
- Company Number
- 00499805
- Registered Address
- 2 New Star Road, Leicester, Leicestershire, United Kingdom, LE4 9JD
- Status
- Active
- Employee Count
- 215
- Turnover
- £39,106,000
- EBITDA
- £7,008,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 September 1951
- Nature of Business
- 25620 - Machining
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 72 | 8% | 27% | 65% | 22% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 75 | 10% | 28% | 62% | 33% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 74 | 9% | 28% | 63% | 35% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 77 | 8% | 29% | 63% | 76% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 77 | 6% | 33% | 61% | 80% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Jul 2021 | 76 | 5% | 37% | 57% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 80 | 4% | 35% | 61% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 68 | 7% | 44% | 48% | 49% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 71 | 7% | 38% | 55% | 60% |
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 60 days EOM + 5 Days Note: Contractual terms have been amended to allow for the half year and year end payment falling into the following month.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We run two payment runs a month paying all invoices due at date of run, excluding half year points. Suppliers are aware of this.
Maximum contractual payment period agreed
90
Dispute Resolution Process
The company would investigate the reasons for any dispute, consulting relevant people within the business. Ultimate sign off in any dispute would be with the Finance Director.
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
AMETEK Airtechnology Group Limited is a leading global manufacturer of air and gas handling equipment. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes reducing energy consumption, minimizing waste generation, and promoting the use of renewable energy sources. They also aim to improve the sustainability of their supply chain by working with suppliers who share their commitment to environmental responsibility.
The company offers a wide range of innovative products and services, including centrifugal and axial fans, blowers, compressors, and air pollution control systems. These products are used in various industries such as aerospace, power generation, and industrial processes.
The key people in the company include its CEO, Mr. Tim Osman, and its Managing Director, Mr. John Williams. Both have extensive experience in the industry and are dedicated to driving the company's growth and sustainability efforts.
To learn more about AMETEK Airtechnology Group Limited and its products and services, interested parties can visit their website at www.ametekairtechnology.com. The registered office address is 1100 Cassatt Road, Berwyn, PA 19312, United States.
