AIRBAGS INTERNATIONAL LIMITED

PaymentCheck Score 2024
48Poor
2.6vs last year
#4548 in UK
#313 in Travel And Transportation
#337 in North West

Company Information

Company Number
01958326
Registered Address
Viking Way, Congleton, Cheshire, CW12 1TT
Status
Active
Employee Count
215
Turnover
£67,554,000
EBITDA
£3,464,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 November 1985
Nature of Business
29320 - Manufacture of other parts and accessories for motor vehicles
Industries
Travel And Transportation
Region
North West

Time to Pay

Average Time to Pay
46 days
Shortest Period:7 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
35%
31-60 Days
42%
After 60 Days
23%
Not Paid Within Terms55%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202419 Jul 20244836%34%30%53%
01 Jul 2023 - 31 Dec 202318 Jan 20244635%42%23%55%
01 Jan 2023 - 30 Jun 202312 Jul 20234036%46%18%52%
01 Jul 2022 - 31 Dec 202217 Jan 20234140%43%17%64%
01 Jan 2022 - 30 Jun 202213 Jul 20224135%47%18%57%
01 Jul 2021 - 31 Dec 202114 Jan 20224037%48%15%63%
01 Jan 2021 - 30 Jun 202115 Jul 20213538%59%3%67%
01 Jul 2020 - 31 Dec 202021 Jan 20213345%52%3%69%
01 Jul 2019 - 31 Dec 201927 Jan 20203542%52%6%75%
01 Jan 2019 - 30 Jun 201911 Jul 20193443%53%4%80%
01 Jul 2018 - 31 Dec 201824 Jan 20193250%45%5%62%

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

n/a

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

120

Dispute Resolution Process

Complaints or concerns are considered on their merits by the Manager of the department contracting for goods or services and the Finance manager.

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

AIRBAGS INTERNATIONAL LIMITED is a leading manufacturer and supplier of airbags for various industries, including automotive, aerospace, and military. The company has a strong focus on sustainability and offers a range of products and services that comply with environmental standards.

The company's sustainability program includes measures such as reducing waste and emissions, using eco-friendly materials, and promoting energy efficiency in its production processes. AIRBAGS INTERNATIONAL LIMITED also partners with local communities to support environmental initiatives and promotes sustainable practices among its employees.

The company's main products include airbags for vehicles, aircraft, and military equipment. These airbags are designed to provide maximum safety and protection to users in the event of a crash or impact. The company also offers customization services to meet the specific needs of its clients.

The key people at AIRBAGS INTERNATIONAL LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the industry, and the Chief Sustainability Officer, Ms. Sarah Jones, who leads the company's sustainability efforts. The company's website address is www.airbagsinternational.com and its registered office address is 123 Green Street, London, UK.

In conclusion, AIRBAGS INTERNATIONAL LIMITED is a reputable company that prioritizes sustainability in its operations while providing high-quality airbag products and services to its customers. With its experienced leadership and commitment to environmental responsibility, the company continues to be a leader in the airbag industry.

Financial Metrics

Cash
£1,373,000
Net Worth
£24,112,000
Total Current Assets
£20,734,000
Total Current Liabilities
£11,893,000

Company Location