Industry ranking
Score of 87.3/100 qualifies for PaymentCheck Certification
AMENTUM ENTERPRISE ASSET SOLUTIONS LIMITED exhibits a strong positive trend in payment speed, with an average payment time of 26 days. A significant 87% of invoices are consistently paid within 30 days, indicating a reliable and fast payment trajectory for the vast majority of transactions.
While most payments are prompt, there is a moderate level of volatility with 10% of invoices paid between 31-60 days and 3% extending beyond 60 days. This results in a 14% late payment rate, introducing some unpredictability and a degree of risk for suppliers expecting all invoices to be settled within standard terms.
Suppliers can generally expect timely payments from AMENTUM ENTERPRISE ASSET SOLUTIONS LIMITED, given the strong average payment time and high percentage of on-time settlements. However, acknowledge the 14% late payment rate as a key decision factor; for larger contracts, consider incorporating clear payment terms or late penalties to mitigate potential cash flow delays for a minority of invoices.
| 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 Oct 2024 - 31 Mar 2025 | 09 Apr 2025 | 26 | 87% | 10% | 3% | 14% |
| 01 Apr 2024 - 30 Sept 2024 | 24 Oct 2024 | 25 | 90% | 9% | 1% | 11% |
| 01 Oct 2023 - 31 Mar 2024 | 28 Apr 2024 | 26 | 90% | 8% | 2% | 11% |
| 01 Apr 2023 - 30 Sept 2023 | 23 Oct 2023 | 24 | 90% | 8% | 2% | 18% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 27 | 86% | 11% | 3% | 22% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 26 | 86% | 13% | 1% | 24% |
| 01 Oct 2021 - 31 Mar 2022 | 15 Apr 2022 | 28 | 72% | 23% | 5% | 38% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 34 | 51% | 38% | 11% | 57% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 44 | 45% | 37% | 18% | 58% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 53 | 36% | 44% | 20% | 52% |
| 01 Oct 2019 - 30 Mar 2020 | 30 Apr 2020 | 59 | 20% | 47% | 33% | 69% |
| 01 Jan 2019 - 30 Sept 2019 | 31 Oct 2019 | 51 | 20% | 59% | 21% | 67% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 48 | 22% | 54% | 24% | 50% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 46 | 22% | 60% | 18% | 46% |
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 | 45 | 32% | 50% | 18% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company does not have a standard contractual length of time for payment of invoices. The procurement team will generally set payment terms in conjunction with the supplier. If terms are not defined by one of the parties the default period will be set to 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
60
In the event of an invoice being disputed, the supplier should contact the accounts payable team by email. If the accounts payable team do not know why the invoice has not been approved for payment the matter will be passed to the appropriate department/contact in order to resolve the dispute.
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
Amentum Enterprise Asset Solutions Limited is a UK-registered company, incorporated in 1974, whose registered business activity is machining. It operates as part of the Amentum group, a global engineering and technology group headquartered in the United States that delivers advanced engineering, technical and operational support across defence, space, intelligence, nuclear energy and environmental remediation for government and commercial clients in more than 70 countries. Within the UK, the wider Amentum group undertakes work such as nuclear site support, energy grid upgrades and environmental clean-up projects. This entity's own registered role sits within that group structure, reflecting an engineering and asset-related function rather than an independent trading business with its own separately described operations.
Generated from the company's website and Companies House records. Sources: amentum.com