HEXCEL COMPOSITES LIMITED

PaymentCheck Score 2025
45Poor
1.8vs last year
#3930 in UK
#275 in East of England

Company Information

Company Number
03069887
Registered Address
Ickleton Road, Duxford, Cambridge, CB22 4QB
Status
Active
Employee Count
473
Turnover
£301,179,000
EBITDA
£32,314,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 June 1995
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Life Sciences And Medical Technology
Region
East of England

Time to Pay

Average Time to Pay
47 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
20%
31-60 Days
61%
After 60 Days
19%
Not Paid Within Terms43%

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: 2025-07-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202522 Jul 20254720%61%19%43%
01 Jan 2024 - 30 Jun 202417 Jul 20244619%66%15%36%
01 Jul 2023 - 31 Dec 202323 Jan 20244725%61%14%31%
01 Jul 2022 - 31 Dec 202219 Jan 20234725%59%16%24%
01 Jan 2022 - 30 Jun 202222 Jul 20224524%65%11%24%
01 Jul 2021 - 31 Dec 202119 Jan 20224327%65%8%22%
01 Jul 2020 - 31 Dec 202020 Jan 20214031%62%7%33%
01 Jan 2019 - 30 Jun 201917 Jul 20194030%65%5%32%
01 Jul 2018 - 31 Dec 201817 Jan 20193839%55%6%25%
01 Jan 2018 - 30 Jun 201820 Jul 20184035%59%7%23%

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 45 days following the end of the month of the invoice date.

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

Hexcel Composites Ltd has a dedicated accounts payable team that offer suppliers support through to query resolution. The team can be contacted by email or phone Monday to Friday. The contact by e-mail, invoices@hexcel.com, is acknowledged within 24 hours.

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

HEXCEL COMPOSITES LIMITED is a leading global company in the manufacturing of advanced composites for multiple industries including aerospace, defense, and industrial. They are committed to sustainability and have a strong sustainability program in place to reduce their environmental impact and promote responsible business practices.

The company's products and services include a wide range of advanced composites, such as carbon fibers, fabrics, resins, adhesives, and honeycomb materials. These materials are used in the production of lightweight and high-performance structures, providing strength and durability while also reducing fuel consumption and emissions.

HEXCEL COMPOSITES LIMITED is headquartered in Duxford, Cambridgeshire, UK and has several manufacturing facilities and offices around the world, including the United States, Europe, and Asia. The company has a team of experienced and knowledgeable professionals, including engineers, technicians, and scientists, who are dedicated to providing innovative solutions to their customers.

In addition to their core business, HEXCEL COMPOSITES LIMITED is committed to being a responsible corporate citizen. They have implemented various initiatives to reduce waste, conserve resources, and promote sustainable practices in their operations. They also work closely with their suppliers to ensure the sustainability of their supply chain.

For more information about HEXCEL COMPOSITES LIMITED and their products and services, visit their website at www.hexcel.com. Their registered office address is Heathwood Road, Heathwood Industrial Estate, Duxford, Cambridge, CB22 4QH, UK.

Financial Metrics

Cash
£4,000
Net Worth
£177,002,000
Total Current Assets
£79,734,000
Total Current Liabilities
£38,801,000

Company Location