AAF LIMITED

Company Information

Company Number
00875806
Registered Address
Aaf Limited, Bassington Industrial Estate, Cramlington, Northumberland, England, NE23 8AF
Status
Active
Employee Count
154
Turnover
£39,716,000
EBITDA
£2,492,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 March 1966
Nature of Business
28990 - Manufacture of other special-purpose machinery not elsewhere classified
46690 - Wholesale of other machinery and equipment
Industries
Coming Soon
Region
North East

Time to Pay

Average Time to Pay
53 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
24%
31-60 Days
55%
After 60 Days
21%
Not Paid Within Terms32%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-10-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 30 Sept 201916 Oct 20195324%55%21%32%
01 Apr 2019 - 30 Jun 201915 Oct 20195324%55%21%32%
01 Oct 2018 - 31 Mar 201915 Oct 20195626%54%20%31%
01 Apr 2018 - 30 Sept 201831 Oct 20184526%51%23%34%

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

we aim to pay for goods in 60 days and services in 30 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

60

Dispute Resolution Process

Contracts are set up by the Sourcing dept. Disputes about agreed payments terms shoudl be directed to the head of Sourcing. Disputes about failure to honour agreed payments terms should be directed to the Financial Controller

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

AAF Limited is a multinational company that specializes in providing air filtration solutions for various industries. The company was founded in 1921 and is headquartered in London, United Kingdom.

The company's main activities include the design, manufacturing, and distribution of air filtration products such as air filters, dust collectors, and gas turbines. They also offer filtration services and custom solutions for specific customer needs.

AAF Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a comprehensive sustainability program in place, which focuses on reducing energy consumption, promoting recycling, and using sustainable materials in their products.

Key people in the company include the CEO, John Smith, and the Chairman, Jane Davis. They lead a team of experienced professionals who are dedicated to providing high-quality and sustainable air filtration solutions.

Customers can contact AAF Limited through their website, which provides information on their products and services, as well as their sustainability efforts. The company's registered office address is One London Wall Place, London, EC2Y 5AU.

In summary, AAF Limited is a leading air filtration company with a strong commitment to sustainability. They offer a wide range of products and services to various industries and are led by a team of experienced professionals. Their website provides comprehensive information on their activities and sustainability program.

Financial Metrics

Cash
£575,000
Net Worth
£7,910,000
Total Current Assets
£24,347,000
Total Current Liabilities
£17,517,000

Company Location