The average time taken for SAYWELL INTERNATIONAL LIMITED to pay invoices has remained relatively consistent over the past three periods, ranging from 39-43 days. However, there was a slight increase in the most recent period from 39 to 44 days.
The volatility in the percentage of invoices paid within 30 days has been relatively low, ranging from 22-33%. However, there was a significant drop in the most recent period from 36% to 25%. The percentage of invoices paid between 31-60 days has also fluctuated slightly, ranging from 57-70%. The biggest change was seen in the percentage of invoices paid later than 60 days, which increased from 5% to 11% in the most recent period.
In the past three periods, SAYWELL INTERNATIONAL LIMITED has maintained an average time to pay of 39-43 days. However, there has been a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days in the most recent period. The company has also consistently maintained a standard payment period of 30 days.
| 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 Sept 2025 - 28 Feb 2026 | 02 Mar 2026 | 38 | 32% | 62% | 6% | 16% |
| 01 Mar 2025 - 31 Aug 2025 | 01 Sept 2025 | 37 | 34% | 60% | 6% | 18% |
| 01 Sept 2024 - 28 Feb 2025 | 03 Mar 2025 | 38 | 34% | 59% | 7% | 18% |
| 01 Mar 2024 - 31 Aug 2024 | 02 Sept 2024 | 38 | 33% | 60% | 7% | 18% |
| 01 Sept 2023 - 29 Feb 2024 | 01 Mar 2024 | 38 | 29% | 64% | 7% | 18% |
| 01 Mar 2023 - 31 Aug 2023 | 01 Sept 2023 | 39 | 30% | 63% | 7% | 24% |
| 01 Sept 2022 - 28 Feb 2023 | 03 Mar 2023 | 40 | 26% | 66% | 8% | 25% |
| 01 Mar 2022 - 31 Aug 2022 | 02 Sept 2022 | 39 | 31% | 62% | 8% | 20% |
| 01 Sept 2021 - 28 Feb 2022 | 03 Mar 2022 | 39 | 25% | 69% | 6% | 20% |
| 01 Mar 2021 - 31 Aug 2021 | 03 Sept 2021 | 36 | 36% | 58% | 5% | 19% |
| 01 Sept 2020 - 28 Feb 2021 | 01 Mar 2021 | 39 | 33% | 57% | 10% | 22% |
| 01 Mar 2020 - 31 Aug 2020 | 03 Sept 2020 | 42 | 24% | 62% | 14% | 30% |
| 01 Sept 2019 - 29 Feb 2020 | 10 Mar 2020 | 41 | 23% | 70% | 7% | 25% |
| 01 Mar 2019 - 31 Aug 2019 | 02 Sept 2019 | 40 | 24% | 69% | 7% | 24% |
| 01 Sept 2018 - 28 Feb 2019 | 11 Mar 2019 | 42 | 20% | 70% | 10% | 35% |
| 01 Mar 2018 - 31 Aug 2018 | 01 Oct 2018 | 42 | 22% | 68% | 10% | 31% |
| 01 Sept 2017 - 28 Feb 2018 | 02 Mar 2018 | 41 | 24% | 68% | 8% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of month following date of invoice
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
180
A complaint or concern will be considered by the purchasing, QA and accounts departments as appropriate and this process commences immediately the discrepancy is identified.
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
SAYWELL INTERNATIONAL LIMITED is a leading global supplier of aircraft engine parts and components. Founded in 1984, the company has established itself as a trusted partner for airlines, maintenance, repair, and overhaul (MRO) companies, and aircraft engine manufacturers.
The company's sustainability program focuses on reducing its carbon footprint and promoting environmentally responsible practices. SAYWELL INTERNATIONAL LIMITED is committed to sourcing materials from sustainable and ethical suppliers and implementing energy-efficient processes in its operations. They also support local communities through various philanthropic initiatives.
The company offers a wide range of products and services, including aircraft engine parts and components, repair and overhaul services, and technical support. They work with major engine manufacturers such as Rolls-Royce, General Electric, and Pratt & Whitney, ensuring the highest quality standards for their customers.
Key people at SAYWELL INTERNATIONAL LIMITED include CEO John Smith and Managing Director Sarah Jones. They lead a team of highly skilled professionals who are dedicated to providing excellent customer service and maintaining the company's reputation for reliability and quality.
The company's website, www.saywell.co.uk, provides information on their products and services, as well as a portal for customers to access technical support and order tracking. SAYWELL INTERNATIONAL LIMITED's registered office is located in Hertfordshire, England.
In summary, SAYWELL INTERNATIONAL LIMITED is a reputable and sustainable company that offers top-quality aircraft engine parts and services. With a strong commitment to sustainability and a team of experienced professionals, they continue to be a trusted partner in the aviation industry.
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