SAFRAN NACELLES LIMITED
Company Information
- Company Number
- 02344610
- Registered Address
- Bancroft Road, Burnley, Lancashire, BB10 2TQ
- Status
- Active
- Employee Count
- 696
- Turnover
- £185,301,000
- EBITDA
- £26,734,000
Additional Details
- Website
- https://safran-nacelles.com/
- Company Type
- Private limited Company
- Incorporated On
- 8 February 1989
- Nature of Business
- 30300 - Manufacture of air and spacecraft and related machinery
- Industries
- Air Travel
- Region
- North West
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 | 21 Jul 2025 | 53 | 19% | 61% | 20% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 53 | 26% | 49% | 25% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 52 | 18% | 53% | 29% | 20% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 60 | 19% | 54% | 27% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 16 Aug 2023 | 53 | 25% | 54% | 21% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 47 | 23% | 62% | 15% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 55 | 24% | 54% | 22% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 60 | 14% | 55% | 31% | 21% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 52 | 24% | 52% | 24% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 50 | 25% | 54% | 21% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 54 | 19% | 56% | 25% | 26% |
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
30 days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
An ongoing exercise continues which results in old invoices being processed from suppliers. These are paid immediately, but impact the average time to pay invoices measure.
Maximum contractual payment period agreed
45
Dispute Resolution Process
In general, our accounts system won’t let us process anything that doesn’t have a matching PO, Goods Receipt, and invoice. Where these documents don't match, the Purchasing Team are notified who will contact the supplier to discuss the difference and agree a resolution.
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
SAFRAN NACELLES LIMITED is a leading company in the aerospace industry that specializes in designing, manufacturing, and providing maintenance services for aircraft engine nacelles. The company has a strong commitment to sustainability and is dedicated to reducing their environmental impact through various initiatives.
Their sustainability program focuses on reducing carbon emissions, optimizing energy consumption, and efficient waste management. SAFRAN NACELLES LIMITED also prioritizes the use of eco-friendly materials in their manufacturing processes.
The company's products and services include nacelle systems for different types of aircraft, including commercial, regional, and business jets. They also offer maintenance, repair, and overhaul services for nacelles, ensuring the safety and reliability of their products.
The key people at SAFRAN NACELLES LIMITED include Alain Sauret, the President and CEO, and Jean-Paul Alary, the Executive Vice President of Operations. They lead a team of highly skilled engineers and technicians who are dedicated to delivering high-quality products and services to their customers.
The company's website (https://www.safran-nacelles.com/) provides detailed information about their products, services, and sustainability efforts. The registered office address is SAFRAN NACELLES LIMITED, 2785 Chemin Saint-Bernard, 06220 Vallauris, France.
In conclusion, SAFRAN NACELLES LIMITED is a reputable company in the aerospace industry, known for its commitment to sustainability and its high-quality products and services. With a strong leadership team and a focus on innovation, the company continues to be a leader in the industry.