Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 | 27 Mar 2025 | 60 | 24% | 40% | 36% | 31% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 43 | 34% | 40% | 26% | 49% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 43 | 44% | 38% | 18% | 56% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 44 | 41% | 41% | 18% | 41% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Mar 2023 | 45 | 40% | 45% | 15% | 35% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 47 | 41% | 45% | 14% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 44 | 33% | 52% | 15% | 45% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 48 | 23% | 60% | 17% | 61% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 54 | 37% | 48% | 15% | 70% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 47 | 22% | 53% | 25% | 60% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 54 | 15% | 51% | 34% | 82% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 52 | 17% | 50% | 33% | 82% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 52 | 17% | 50% | 33% | 82% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 90 days across all sites.
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
120
I2C has a dispute resolution team that deal with any queries.
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
Meggitt (UK) Limited is a private limited company registered in England, incorporated in 1959 and based in Coventry. Companies House records show its nature of business as manufacture of non-domestic cooling and ventilation equipment, manufacture of air and spacecraft and related machinery, and repair and maintenance of aircraft and spacecraft, indicating activity in aerospace component manufacturing and aircraft maintenance work. The company previously traded under different names, having been registered as Silicone Engineering Limited from 1959 and as Bestobell (U.K.) Limited from 1983, before adopting its current name. It remains an active company with filings recorded up to recent confirmation statements and accounts.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk