ROLLS-ROYCE INTERNATIONAL LIMITED
Company Information
- Company Number
- 00769666
- Registered Address
- Moor Lane, Derby, Derbyshire, DE24 8BJ
- Status
- Active
- Employee Count
- 156
- Turnover
- £21,917,000
- EBITDA
- £724,000
Additional Details
- Website
- https://rolls-royce.com
- Company Type
- Private limited Company
- Incorporated On
- 1 August 1963
- Nature of Business
- 70100 - Activities of head offices73200 - Market research and public opinion polling82990 - Other business support service activities not elsewhere classified
- Industries
- Healthcare And Wellbeing
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The Group operates a number of payment terms with its suppliers and they vary due to local laws, the products or services being sourced, the competitive global markets we operate in and other commercial aspects of suppliers’ relationships. These terms are by mutual agreement and usually include the offer of access to the Group’s Supplier Finance Programme.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We offer reduced payment terms for SMEs, so that they are paid in 30 days and also offer Supply Chain Financing whereby suppliers can receive their payment sooner. Our terms with other suppliers vary on the products or services being sourced, the competitive global markets we operate in and other commercial aspects of suppliers’ relationships. We are also the member of the Prompt Payment Code.
Maximum contractual payment period agreed
75
Dispute Resolution Process
Queries and complaints relating to payments are handled by e-mail by our Accounts Payable department. This e-mail is managed each day and responses duly made
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?
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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
Company Summary
Rolls-Royce International Limited is a British multinational engineering company that specializes in manufacturing aircraft engines and power systems. Founded in 1904, the company has a long history of providing innovative and high-quality products and services to its customers.
Sustainability is at the core of Rolls-Royce's operations, and the company is committed to reducing its environmental impact. Through its sustainability program, the company aims to achieve zero carbon emissions by 2050, reduce waste and water usage, and promote sustainable practices throughout its supply chain.
The company's main products and services include a wide range of aircraft engines for both civilian and military use, as well as power systems for marine vessels and land-based applications. Some of their notable products include the Trent family of engines, which power the Airbus A330, A340, A350, and A380, as well as the Boeing 787 Dreamliner.
Key people at Rolls-Royce International Limited include CEO Warren East, who has been leading the company since 2015, and Chairman Ian Davis. The company has over 50,000 employees globally and operates in over 50 countries.
Contact information for Rolls-Royce International Limited can be found on their website, including their registered office address in the UK. The company's website also provides information on their sustainability program, products and services, and news and updates on their latest projects.
