The average time to pay for GLENAIR UK LIMITED has remained consistent at 41 days over the past three periods. However, there has been a slight decrease in the percentage of invoices paid within 30 days, from 22% in 2017 to 21% in 2019. This suggests that the company may be taking slightly longer to pay invoices. Additionally, there has been a slight increase in the percentage of invoices paid later than 60 days, from 8% in 2017 to 7% in 2019. This indicates a potential trend of slower invoice payments for GLENAIR UK LIMITED.
The volatility of GLENAIR UK LIMITED's invoice payment patterns is relatively low, with only a 1% difference in the percentage of invoices paid within 30 days and a 1% difference in the percentage of invoices paid later than 60 days over the past three periods. This suggests that the company's invoice payment process is generally consistent.
Over the past three periods, GLENAIR UK LIMITED has maintained an average time to pay of 41 days. The percentage of invoices paid within 30 days has slightly decreased from 22% to 21%, while the percentage of invoices paid later than 60 days has slightly increased from 8% to 7%. Overall, there has not been a significant change in the company's invoice payment patterns.
| 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 2025 - 31 Mar 2026 | 05 May 2026 | 37 | 27% | 73% | 0% | 0% |
| 01 Apr 2025 - 30 Sept 2025 | 10 Nov 2025 | 38 | 24% | 75% | 1% | 1% |
| 01 Oct 2024 - 31 Mar 2025 | 20 Jun 2025 | 39 | 25% | 72% | 3% | 1% |
| 01 Apr 2024 - 30 Sept 2024 | 17 Dec 2024 | 42 | 18% | 77% | 5% | 1% |
| 01 Oct 2018 - 31 Mar 2019 | 02 Sept 2019 | 41 | 21% | 72% | 7% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 02 Sept 2019 | 41 | 18% | 75% | 7% | 1% |
| 01 Oct 2017 - 31 Mar 2018 | 02 Sept 2019 | 41 | 22% | 70% | 8% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from end of month
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
Every effort is made to resolve all payment related disputes and queries promptly
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
Glenair UK Limited designs and manufactures interconnect products, including connectors, backshells, fibre optics, harness solutions and hermetic connectors, for high-reliability applications. Its products serve military and civil aerospace, land systems, subsea and oil and gas, space, industrial and mass transit, nuclear, power connector and eVTOL sectors. The company describes itself as offering over 30 unique, high-reliability interconnect technologies produced in modular factory cells, with a focus on fast turnaround and technical support. It has operated in this field for more than 50 years, providing engineered connector solutions to demanding, safety-critical industries rather than acting purely as a distributor of third-party components.
Generated from the company's website and Companies House records. Sources: glenair.co.uk