ROLLS-ROYCE POWER ENGINEERING LIMITED
Company Information
- Company Number
- 01305027
- Registered Address
- Moor Lane, Derby, Derbyshire, DE24 8BJ
- Status
- Active
- Employee Count
- 87
- Turnover
- £107,176,000
- EBITDA
- £9,258,000
Additional Details
- Website
- https://rolls-royce.com
- Company Type
- Private limited Company
- Incorporated On
- 25 March 1977
- Nature of Business
- 25620 - Machining28110 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines28220 - Manufacture of lifting and handling equipment33140 - Repair of electrical equipment
- Industries
- Manufacturing, Supply Chain, Manufacturing And Commerce Models
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 45 | 12% | 84% | 4% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Jul 2024 | 46 | 16% | 79% | 5% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 45 | 22% | 72% | 6% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 44 | 17% | 80% | 3% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 48 | 20% | 76% | 4% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 50 | 20% | 71% | 9% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 67 | 11% | 39% | 50% | 12% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The Group operates a number of payment terms with its suppliers and they vary due to local laws, the products and services being sourced, the competitive global markets we operate in other commercial aspects of suppliers’ relationships. These terms are by mutual agreement and usually include the offer of access to the Group’s Supplier Finance Programme.
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
75
Dispute Resolution Process
Queries and complaints relating to payments are handled by email by our Accounts Payable department. This email is managed each day and responses are duly made.
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.
❌
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.
❌
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.
❌
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
Company Summary
ROLLS-ROYCE POWER ENGINEERING LIMITED is a British multinational company that specializes in providing power systems and services to various industries such as aerospace, marine, and energy. Founded in 1906, the company is known for its luxury cars but has since expanded its portfolio to include advanced power systems.
The company's sustainability program focuses on reducing carbon emissions and promoting environmental responsibility. They have implemented various initiatives such as using sustainable materials, reducing energy consumption, and promoting recycling and waste management.
ROLLS-ROYCE POWER ENGINEERING LIMITED offers a wide range of products and services, including gas turbines, diesel engines, and nuclear power systems. These products are used in various applications such as powering aircraft, ships, and electricity generation.
Some key people in the company include CEO Warren East, who has been leading the company since 2015, and Chief Sustainability Officer Marion Verles, who oversees the company's sustainability efforts.
The company can be contacted through their website, which provides information on their products, services, and sustainability program. Their registered office address is Rolls-Royce plc, 62 Buckingham Gate, London, SW1E 6AT, United Kingdom.
In conclusion, ROLLS-ROYCE POWER ENGINEERING LIMITED is a leading company in the power systems industry, known for its sustainability efforts and advanced products and services. With a long history and a commitment to environmental responsibility, the company continues to be a leader in the field of power engineering.
