| 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 2018 - 31 Dec 2018 | 24 Jan 2019 | 47 | 23% | 53% | 24% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 12 Jul 2018 | 34 | 34% | 40% | 26% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Shortest is same day. Common shortest is 7 days. Longest is net monthly plus 45 days so shortest is 45 days and longest is 76 days for that payment term.
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
76
Through negotiation with Purchasing Manager
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
Blanc Aero Industries UK Limited is a private limited company based in Rugby, Warwickshire, incorporated in 1979. Its registered Companies House activity is the manufacture of fasteners and screw machine products. The company previously traded as Hi-Shear Fasteners Europe Limited and, before that, as Aircraft Fasteners (Forged Parts) Limited, names that point to a long-standing focus on aerospace-related fastening components. Several directors are based in France, suggesting the UK entity operates as part of a wider international group involved in fastener manufacturing. No further detail on products, customers or operations is available from the evidence supplied, beyond its classification as a fastener and screw machine products manufacturer.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk