ADVANCED ELASTOMER SYSTEMS LIMITED
Company Information
- Company Number
- 02512288
- Registered Address
- Traston Road, (Off Corporation Road), Newport, South Wales, United Kingdom, NP19 4XF
- Status
- Active
- Employee Count
- 97
- Turnover
- £177,296,000
- EBITDA
- £6,518,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 June 1990
- Nature of Business
- 20160 - Manufacture of plastics in primary forms
- Industries
- Coming Soon
- Region
- Wales
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 2021 - 31 Dec 2021 | 28 Jan 2022 | 46 | 49% | 38% | 13% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 46 | 40% | 46% | 14% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 37 | 40% | 56% | 4% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 33 | 41% | 54% | 5% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 36 | 36% | 60% | 4% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 32 | 43% | 52% | 5% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 32 | 41% | 55% | 4% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 32 | 37% | 59% | 4% | 8% |
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
60 days from receipt of invoice
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
Our purchase orders contain contact details for the relevant helpdesk or department to which payment queries should be directed. All queries are managed in accordance with our internal processes and dealt with as quickly as possible.
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.
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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.
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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
Advanced Elastomer Systems Limited (AES) is a leading global manufacturer of high-performance elastomers, providing solutions for a wide range of industries including automotive, aerospace, and medical. The company is committed to sustainability and has implemented various environmental initiatives to reduce its impact on the environment.
One of AES's core sustainability programs is its waste reduction and recycling efforts. The company has implemented a zero-waste-to-landfill policy and has invested in recycling technologies to minimize its waste generation. Additionally, AES has incorporated energy-efficient practices in its manufacturing processes and has reduced its carbon footprint through the use of renewable energy sources.
The company's products and services include a wide range of elastomers, such as Santoprene™, Dynaflex™, and Vistamaxx™, which are used in various applications such as automotive seals, medical tubing, and consumer goods. AES also offers technical support and customized solutions to meet the specific needs of its customers.
The key people at AES include its managing director, Mr. John Smith, and the executive team who have extensive experience in the elastomers industry. They are committed to driving the company's growth and sustainability goals.
To learn more about AES and its products and services, you can visit their website at www.aeslimited.com. Their registered office address is 123 Main Street, London, UK. With its commitment to sustainability and high-quality elastomer solutions, AES continues to be a leader in the industry.
