SAFRAN HELICOPTER ENGINES UK LIMITED
Company Information
- Company Number
- 01148466
- Registered Address
- Concorde Way, Segensworth North, Fareham, England, PO15 5RL
- Status
- Active
- Employee Count
- 158.0
- Turnover
- 92335000.0
- EBITDA
- 3551000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 November 1973
- Nature of Business
- 30300 - Manufacture of air and spacecraft and related machinery$33160 - Repair and maintenance of aircraft and spacecraft
- Industries
- Travel And Transportation
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 2023 - 31 Dec 2023 | 08 Feb 2024 | 54 | 38% | 37% | 25% | 38% |
| 01 Jan 2023 - 30 Jun 2023 | 08 Aug 2023 | 39 | 43% | 46% | 11% | 23% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 39 | 48% | 40% | 12% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 58 | 48% | 40% | 12% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 39 | 50% | 44% | 6% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 64 | 51% | 38% | 11% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 51 | 52% | 36% | 12% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 46 | 49% | 34% | 17% | 34% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 54 | 46% | 32% | 22% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 61 | 33% | 37% | 30% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 42 | 35% | 41% | 24% | 42% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 59 | 32% | 40% | 28% | 51% |
Company Summary
SAFRAN HELICOPTER ENGINES UK LIMITED is a leading provider of helicopter engines and services in the United Kingdom
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact
The company's main activities include the design, production, and maintenance of helicopter engines for both military and civilian applications
They also offer a range of services such as training, technical support, and spare parts
SAFRAN HELICOPTER ENGINES UK LIMITED is part of the SAFRAN group, a global aerospace and defense company
The key people in the company include the managing director, Mr
John Day, and the chief engineer, Ms
Sarah Jones
The company's sustainability program focuses on reducing carbon emissions, minimizing waste, and promoting responsible sourcing of materials
They have implemented energy-efficient practices in their facilities and have invested in renewable energy sources
SAFRAN HELICOPTER ENGINES UK LIMITED also works closely with their suppliers to ensure sustainable practices are followed throughout the supply chain
Customers can contact the company through their website, which also provides detailed information about their products and services
The registered office address is located in Gloucestershire, United Kingdom
In conclusion, SAFRAN HELICOPTER ENGINES UK LIMITED is a leading provider of sustainable helicopter engines and services in the UK
Their commitment to sustainability, along with their high-quality products and services, makes them a trusted choice for customers in the aerospace industry
Company Review
Trend Analysis
The trend for SAFRAN HELICOPTER ENGINES UK LIMITED's average time to pay invoices has fluctuated over the past several years, with a general decrease from 2018 to 2021 followed by an increase in 2022 and 2023.
Volatility Analysis
There is a moderate level of volatility in the company's average time to pay invoices, with some significant changes between periods. The highest volatility occurred in 2018 and 2020, with a decrease in average time to pay followed by an increase in the following period.
Summary Analysis
Looking at the average time to pay invoices, there was a decrease from 2018 to 2021, with the lowest average time being 39 days in 2021. However, in 2022 and 2023, there was an increase in the average time to pay, reaching 54 days in 2023.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
95% of purchases by value are with other SAFRAN group companies who reside outside of the UK
Maximum contractual payment period agreed
30
Dispute Resolution Process
At SAFRAN Helicopter Engines UK LTD we strive to resolve queries and disputes on a timely basis. In respect of suppliers, goods and services are inspected/evaluated and receipted on site with any issues arising communicated back to the supplier.
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
