Score of 93.37/100 qualifies for PaymentCheck Certification
| 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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 20 | 99% | 1% | 0% | 1% |
| 01 Oct 2024 - 31 Mar 2025 | 13 May 2025 | 36 | 90% | 7% | 3% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 17 Apr 2024 | 17 | 99% | 1% | 0% | 1% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Nov 2023 | 20 | 98% | 1% | 1% | 2% |
| 01 Apr 2022 - 30 Sept 2022 | 07 Nov 2022 | 17 | 98% | 2% | 0% | 2% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Jun 2022 | 16 | 97% | 3% | 0% | 3% |
| 01 Apr 2021 - 30 Sept 2021 | 04 Oct 2021 | 21 | 94% | 5% | 1% | 7% |
| 01 Oct 2020 - 31 Mar 2021 | 07 Apr 2021 | 20 | 93% | 6% | 1% | 7% |
| 01 Apr 2019 - 30 Sept 2019 | 01 Oct 2019 | 13 | 99% | 1% | 0% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We offer the following payment terms: 7,10,14,30,60 and 75 days
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
75
The supplier should get in touch with the relevant contact within the Sourcing Department at Martin-Baker Aircraft Company Limited to understand any delays in payment/issues/disputes and what needs to be done to resolve this. The timescale involved to resolve the issue will depend on the nature of any disputes but we aim to resolve and pay these within 30 days.
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
MARTIN-BAKER AIRCRAFT COMPANY LIMITED is a British company that specializes in the design and manufacture of ejection seats for military aircraft. Founded in 1934 by Sir James Martin and Captain Valentine Baker, the company has a long history of providing life-saving technology to the aviation industry.
The company’s main focus is on providing high-quality, reliable ejection seats that allow pilots to safely eject from their aircraft in emergency situations. They also offer a range of related services, such as training, maintenance, and support for their products.
MARTIN-BAKER is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have a dedicated sustainability program that focuses on reducing waste, conserving energy, and promoting sustainable practices throughout their operations.
Key people in the company include Andrew Martin, the current Chairman and Director of Technology, and James Martin, the Managing Director. Both are descendants of the company’s founders and continue to uphold their legacy of innovation and excellence.
The company’s registered office address is Higher Denham, near Uxbridge in Buckinghamshire. Their website, www.martin-baker.com, provides information on their products, services, and sustainability program, as well as contact information for inquiries and support. With over 75 years of experience and a strong commitment to sustainability, MARTIN-BAKER AIRCRAFT COMPANY LIMITED remains a leader in the field of ejection seat technology.