| 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 2019 - 30 Sept 2019 | 16 Oct 2019 | 53 | 24% | 55% | 21% | 32% |
| 01 Apr 2019 - 30 Jun 2019 | 15 Oct 2019 | 53 | 24% | 55% | 21% | 32% |
| 01 Oct 2018 - 31 Mar 2019 | 15 Oct 2019 | 56 | 26% | 54% | 20% | 31% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 45 | 26% | 51% | 23% | 34% |
This information is as reported by the business, and responses are in their own words.
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
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
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
AAF Limited is a private limited company incorporated in 1966, based in Cramlington, Northumberland. According to Companies House records, its registered business activities are the manufacture of other special-purpose machinery not elsewhere classified and the wholesale of other machinery and equipment. The company remains active, with its most recent accounts made up to 31 March 2025 and a confirmation statement filed in 2026. No further detail on specific products, markets or trading history is available from the evidence supplied, so this summary is limited to the structured company information on record.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk