Score of 88.5/100 qualifies for PaymentCheck Certification
| 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 Jan 2025 - 30 Jun 2025 | 15 Jul 2025 | 26 | 89% | 8% | 3% | 12% |
| 01 Jul 2024 - 31 Dec 2024 | 14 Jan 2025 | 25 | 90% | 7% | 3% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 31 | 82% | 11% | 7% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 29 | 71% | 19% | 10% | 30% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 26 | 76% | 21% | 3% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 31 | 71% | 20% | 9% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 35 | 77% | 13% | 10% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 33 | 75% | 15% | 11% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 37 | 65% | 26% | 10% | 32% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms 90 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
90
"Under Boeing UK’s General Provisions, where the necessary supporting information reasonably required by Boeing to substantiate invoices and to clarify charges are not provided, Boeing is entitled to withhold payment in respect of the part not substantiated or clarified until such information is provided by the supplier. Where Boeing has disputed a payment, the Boeing Authorized Procurement Representative under the contract will contact their counterpart at the supplier. Where the dispute is not resolved by the authorised representatives, the Boeing UK General Provisions allow for disputes to be escalated, as appropriate, up to Boeing’s Vice President for Supplier Management and the supplier’s equivalent for resolution. Once mutual resolution has been reached, Boeing ensures timely payment to suppliers "
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
BOEING DEFENCE UK LIMITED is a subsidiary of the American aerospace company Boeing, specializing in defence and security solutions. The company is headquartered in London, with additional offices in Bristol and Milton Keynes.
The company's main activities include designing, manufacturing, and supporting a range of military aircraft, such as the Apache attack helicopter and the Chinook transport helicopter. They also provide integrated solutions for intelligence, surveillance, and reconnaissance, as well as training and sustainment services for military customers.
BOEING DEFENCE UK LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes reducing carbon emissions, investing in renewable energy sources, and implementing sustainable manufacturing processes.
The company's key people include the President and Managing Director, Anna Keeling, who has over 30 years of experience in the aerospace and defence industry. Other key executives include the Vice President of Operations, Simon Stocker, and the Vice President of Strategy and Business Development, Paul Smith.
For more information about BOEING DEFENCE UK LIMITED and their products and services, you can visit their website at www.boeing.co.uk. The registered office address is 25 Victoria Street, London, SW1H 0EX, United Kingdom. The company also has a strong presence in the United States, with their parent company Boeing located in Chicago.