AESSEAL PLC
Company Information
- Company Number
- 02101607
- Registered Address
- Global Technology Centre, Bradmarsh Business Park, Mill Close Rotherham, South Yorkshire, S60 1BZ
- Status
- Active
- Employee Count
- 512
- Turnover
- £64,430,000
- EBITDA
- £16,557,000
Additional Details
- Website
- https://aesseal.com/
- Company Type
- Public limited Company
- Incorporated On
- 19 February 1987
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Coming Soon
- Region
- Yorkshire and The Humber
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 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 Jul 2018 - 31 Dec 2018 | 05 Feb 2019 | 35 | 50% | 35% | 15% | 9% |
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
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
Dispute Resolution Process
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.
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
AESSEAL PLC is a leading global supplier of mechanical seals and support systems. The company was founded in 1979 and has its headquarters in Rotherham, UK.
The company is committed to sustainability and has a dedicated sustainability program in place. This includes reducing their carbon footprint and energy consumption, as well as promoting social responsibility and ethical business practices. They also have a strong focus on recycling and waste reduction, and are continuously working towards improving their environmental impact.
AESSEAL PLC offers a wide range of products and services, including mechanical seals, seal support systems, bearing protection, and filtration systems. These products are used in various industries such as oil and gas, pharmaceuticals, food and beverage, and water treatment.
The company has a team of experienced and knowledgeable professionals, including their CEO, Chris Rea, who has been with the company since its inception. The team is dedicated to providing high-quality products and services, and their commitment to sustainability is reflected in all aspects of the company's operations.
AESSEAL PLC has a strong online presence and their website (www.aesseal.com) provides detailed information about their products, services, and sustainability efforts. Their registered office address is located at Mill Close, Templeborough, Rotherham, S60 1BZ, UK.
In summary, AESSEAL PLC is a reputable company with a strong focus on sustainability. They offer a wide range of high-quality products and services, and their team of experienced professionals is dedicated to providing excellent customer service. Their commitment to sustainability makes them a leader in their industry and a responsible corporate citizen.
