AERO FABRICATIONS LIMITED
Company Information
- Company Number
- 02793994
- Registered Address
- Common Lane, Watnall, Nottingham, NG16 1HA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 February 1993
- Nature of Business
- 25990 - Manufacture of other fabricated metal products not elsewhere classified
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
AERO FABRICATIONS LIMITED exhibits a consistent trend of extended payment cycles, with an average payment time of 62 days. A significant 48% of invoices are settled beyond 60 days, indicating a clear trajectory towards slower payments, with only 6% processed within 30 days. This consistent pattern suggests that suppliers should anticipate longer lead times for cash collection from this company.
Volatility Analysis
Payment behavior for AERO FABRICATIONS LIMITED is reliably slow rather than volatile, as nearly half of payments predictably occur after 60 days. While the distribution across 31-60 and over 60 days is substantial, the overall pattern points to a consistent expectation of extended terms. However, the 11% late payment rate introduces a specific element of unpredictability and heightened risk for suppliers regarding actual due dates.
Summary Analysis
Suppliers should evaluate AERO FABRICATIONS LIMITED as a high-risk entity for timely payments, given their 62-day average and 48% of payments exceeding 60 days. Key decision factors must include the potential strain on cash flow due to prolonged payment cycles and the 11% late payment risk. Mitigation strategies should involve establishing stricter credit terms, possibly requiring upfront deposits, or implementing dynamic credit limits tailored to their payment 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 Dec 2024 - 31 May 2025 | 24 Jul 2025 | 62 | 6% | 46% | 48% | 11% |
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
Standard payment terms are 60 days end of month
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
Disputed invoices are queried with suppliers at the time of receipt by the purchasing department. PODs and price confirmations are obtained where necessary to release payments
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
AERO FABRICATIONS LIMITED is a private limited company specialising in fabrications for the aerospace industry.
This active organisation was incorporated on 26 February 1993 under company number 02793994. Its registered office is located in the East Midlands at Common Lane, Watnall, Nottingham, NG16 1HA.
Companies operating in the aerospace fabrication sector typically provide specialist engineering and manufacturing services. These commonly include the production of bespoke components, sheet metal work, welding, and assembly for aviation and defence applications.
