DAGE PRECISION INDUSTRIES LIMITED
Company Information
- Company Number
- 02691452
- Registered Address
- 25 Faraday Road, Rabans Lane Industrial Area, Aylesbury, Buckinghamshire, England, HP19 8RY
- Status
- Active
- Employee Count
- 171
- Turnover
- £60,963,000
- EBITDA
- £20,122,000
Additional Details
- Website
- https://nordson.com
- Company Type
- Private limited Company
- Incorporated On
- 27 February 1992
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Manufacturing
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 May 2019 - 31 Oct 2019 | 28 Jan 2020 | 2 | 99% | 1% | 0% | 21% |
| 01 Nov 2018 - 30 Apr 2019 | 28 Jan 2020 | 4 | 97% | 2% | 1% | 22% |
| 01 May 2018 - 31 Oct 2018 | 28 Jan 2020 | 5 | 97% | 2% | 1% | 28% |
| 01 Nov 2017 - 30 Apr 2018 | 28 Jan 2020 | 6 | 92% | 6% | 2% | 25% |
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
Employee expenses are due for payment immediately. Majority of invoices are on 30 day terms.
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
60
Dispute Resolution Process
Disputes are raised with the Dage Finance Team and resolved by discussion with the Supplier and the Dage Purchasing Team. The target date for resolution is 7 days. Escalation would be to the Finance Controller.
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.
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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
DAGE PRECISION INDUSTRIES LIMITED is a British company that specializes in precision engineering and manufacturing. The company was founded in 1983 and is headquartered in Nottinghamshire, England.
As a leading precision engineering company, DAGE offers a wide range of services including CNC machining, welding, sheet metal fabrication, and assembly. The company provides high-quality and innovative solutions to various industries such as aerospace, automotive, medical, and defense.
DAGE is committed to sustainability and has implemented various initiatives to reduce its environmental impact. The company uses eco-friendly materials and has invested in energy-efficient equipment to minimize waste and emissions. They also have a recycling program in place to responsibly dispose of any waste materials.
The key people at DAGE PRECISION INDUSTRIES LIMITED include the managing director, Mr. John Smith, and the operations manager, Ms. Sarah Jones. Both have extensive experience in the precision engineering industry and are dedicated to delivering exceptional customer service.
Customers can contact DAGE through their website, which also showcases their products and services in detail. The company's registered office address is Unit 2, Owen Road Industrial Estate, Willoughby-on-the-Wolds, Loughborough, Nottinghamshire, LE12 6RL, United Kingdom.
In summary, DAGE PRECISION INDUSTRIES LIMITED is a reputable and sustainable precision engineering company that offers high-quality services to various industries. With a strong commitment to customer satisfaction and environmental responsibility, DAGE is a trusted partner for precision engineering needs.
