AWE PLC

PaymentCheck Score 2025
90Good
2.8vs last year
#909 in UK
#152 in South East

Company Information

Company Number
02763902
Registered Address
Room 20, Building F161.2 Atomic Weapons Establishment, Aldermaston, Reading, England, RG7 4PR
Status
Active
Employee Count
6,464
Turnover
£1,476,666,000
EBITDA
-£669,000

Additional Details

Company Type
Public limited Company
Incorporated On
6 November 1992
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
23 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
93%
31-60 Days
6%
After 60 Days
1%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253093%6%1%7%
01 Jul 2024 - 31 Dec 202428 Jan 20252393%6%1%7%
01 Jul 2023 - 31 Dec 202330 Jan 20242592%6%2%8%
01 Jan 2023 - 30 Jun 202331 Jul 20232493%6%1%7%
01 Jan 2022 - 30 Jun 202201 Aug 20222494%5%1%6%
01 Jan 2021 - 30 Jun 202126 Jul 20212787%8%5%13%
01 Jan 2020 - 30 Jun 202030 Jul 20202779%13%8%21%
01 Jan 2019 - 30 Jun 201930 Jul 20192883%11%6%17%
01 Jul 2018 - 31 Dec 201828 Jan 20192688%8%4%12%
01 Jan 2018 - 30 Jun 201826 Jul 20182488%8%4%12%

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

For an invoice to be held as valid the supplier should invoice for the contract price payable in accordance with the contract after the end of the month in which the goods or services have been provided. AWE pays all amounts due to the contractor within 30 days after receipt of a valid 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

30

Dispute Resolution Process

In accordance with our internal dispute resolution process, disputes will be first reviewed by the Category Manager and where possible a resolution with be agreed between the Category Manager and supplier. The contract will be reviewed to ensure that any dispute resolution terms are adhered to.

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

AWE PLC is a British multinational company that specializes in the design and manufacture of advanced technology products for the defense, aerospace, and security industries. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

One of AWE PLC's key sustainability programs is their "Green Strategy," which aims to reduce their carbon footprint and promote sustainable practices throughout their operations. This includes investing in renewable energy sources, reducing waste and emissions, and implementing energy-efficient measures in their facilities.

In terms of products and services, AWE PLC offers a wide range of advanced technology solutions for defense, aerospace, and security applications. This includes the design and manufacture of nuclear weapons for the UK's defense program, as well as the development of advanced propulsion systems for space exploration.

The company is led by a team of experienced executives, including CEO Clifford Harris and Chairman Sir John Scarlett. They are supported by a dedicated team of engineers, scientists, and other professionals who are committed to delivering high-quality products and services.

To learn more about AWE PLC and their sustainability efforts, interested individuals can visit their website at www.awe.co.uk. Their registered office address is Aldermaston, Reading, Berkshire, RG7 4PR, United Kingdom.

Financial Metrics

Cash
£123,371,000
Net Worth
-£234,071,000
Total Current Assets
£306,836,000
Total Current Liabilities
£306,766,000

Company Location