| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 47 | 38% | 39% | 23% | 5% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 45 | 38% | 38% | 24% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 45 | 37% | 40% | 23% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 44 | 39% | 38% | 23% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 45 | 38% | 38% | 24% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 46 | 35% | 41% | 24% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 49 | 34% | 43% | 23% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 44 | 33% | 45% | 22% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 44 | 35% | 43% | 22% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jan 2022 | 42 | 35% | 42% | 23% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 43 | 35% | 39% | 26% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 49 | 28% | 44% | 28% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Feb 2019 | 35 | 50% | 35% | 15% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 39 | 40% | 41% | 19% | 13% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Maximum payment terms are 60 days from end of month of invoice, Therefore a maximum of 90 days (60 days plus 30).
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
Whilst we do not have a formal written process, in general disputed invoices are managed between the vendor and Purchase Ledger staff and where necessary Purchasing Department. In almost all cases disputes are resolved amicably, with reference to the contracted responsibilities of both parties.
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
AESSEAL PLC, registered under company number 02101607, is the legal entity behind the AESSEAL brand, though company filings show the trademark is now held under the name AES Engineering Ltd using the same registration number, indicating a rename. The business specialises in the design and manufacture of mechanical seals and seal support systems, along with bearing protectors and gland packing, used in pumps and rotating equipment across many industries worldwide to prevent leakage of liquids and gases. It operates a Global Technology Centre in Rotherham, South Yorkshire, and states it runs manufacturing and repair locations internationally, supplying seal support systems, cartridge and component seals, gas seals and elastomers to industrial customers.
Generated from the company's website and Companies House records. Sources: aesseal.com · aesseal.com