NORDAM EUROPE LIMITED
Company Information
- Company Number
- 03223042
- Registered Address
- 3 Hawtin Park, Blackwood, Gwent, United Kingdom, NP12 2EU
- Status
- Active
- Employee Count
- 126
- Turnover
- £24,305,000
- EBITDA
- -£152,000
Additional Details
- Website
- https://www.nordam.com/
- Company Type
- Private limited Company
- Incorporated On
- 11 July 1996
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Travel And Transportation
- Region
- Wales
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 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 26 | 62% | 35% | 3% | 42% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 19 | 76% | 23% | 1% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 20 | 77% | 22% | 1% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 19 | 78% | 21% | 1% | 35% |
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
In the event that no payment terms have been pre-agreed between the Supplier and NORDAM Europe Ltd, the standard terms for which NORDAM Europe Ltd typically pays for Goods and/or Services is 60 days following the end of the month in which the Goods and/or Services are received or in which the invoice for the Goods and/or Services is received, whichever is the later. http://www.nordam.com/sites/default/files/pdfs/NEL_Terms_Conditions_CL.pdf
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
75
Dispute Resolution Process
All queries are resolved between the accounts department and the supplier in the ordinary course of business.
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
NORDAM EUROPE LIMITED is a global aerospace company that specializes in the design, manufacture, and repair of aircraft components. The company is committed to sustainability and has implemented various programs to reduce its environmental impact.
Their sustainability program includes initiatives such as energy efficiency, waste reduction, and responsible sourcing of materials. They also have a recycling program in place to ensure that materials are reused or disposed of properly.
NORDAM EUROPE LIMITED offers a wide range of products and services, including aircraft structures, engine components, and repair and overhaul services. Their team of highly skilled engineers and technicians ensure that all products and services meet the highest quality standards.
The key people at NORDAM EUROPE LIMITED include the CEO, Mike Paquette, and the Managing Director, George Wall. They bring a wealth of experience and expertise to the company, ensuring its continued success.
For more information on NORDAM EUROPE LIMITED and their products and services, you can visit their website at www.nordam.com. Their registered office address is NORDAM Europe Limited, Dunsfold Park, Cranleigh, Surrey, GU6 8TB, United Kingdom.
