| 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 | 16 Sept 2025 | 48 | 43% | 25% | 32% | 28% |
| 01 Jul 2024 - 31 Dec 2024 | 05 Feb 2025 | 55 | 32% | 26% | 42% | 31% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 72 | 22% | 19% | 60% | 30% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 58 | 21% | 28% | 51% | 31% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 61 | 26% | 36% | 38% | 26% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 59 | 29% | 18% | 53% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 50 | 44% | 23% | 33% | 39% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 48 | 43% | 25% | 31% | 23% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 58 | 49% | 24% | 27% | 40% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 46 | 50% | 22% | 28% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 46 | 42% | 22% | 36% | 48% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 42 | 53% | 14% | 33% | 50% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 27 | 77% | 10% | 13% | 34% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 24 | 84% | 11% | 5% | 38% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 28 | 77% | 14% | 8% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Any domestic payment terms >90 days are with large suppliers agreed under separate contract terms. 120 day payment terms apply to international suppliers.
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
The Accounts Payable function escalate any disputes to the Sourcing function who engage with the supplier to establish the agreed term.
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.
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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
GE Aircraft Engine Services Limited is a Cardiff-based company registered at Nantgarw, active since 1991 and previously known under names including Engine Maintenance & Management Services Wales Limited and Engine Maintenance Centre South Wales Limited. Its registered nature of business is the manufacture of air and spacecraft and related machinery, reflecting its role within the wider GE Aerospace group in aircraft engine maintenance and related engineering activity. Company officers and correspondence addresses are linked to GE Aerospace and GE Aviation entities in the UK and USA, indicating it operates as part of that international corporate group rather than as an independent standalone manufacturer. The company remains an active private limited company registered in England and Wales.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk