XAARJET LIMITED
Company Information
- Company Number
- 03375961
- Registered Address
- 3950 Cambridge Research Park, Waterbeach, Cambridge, England, CB25 9PE
- Status
- Active
- Employee Count
- 240
- Turnover
- £40,317,000
- EBITDA
- £8,787,000
Additional Details
- Website
- https://xaar.com
- Company Type
- Private limited Company
- Incorporated On
- 23 May 1997
- Nature of Business
- 27900 - Manufacture of other electrical equipment72190 - Other research and experimental development on natural sciences and engineering
- Industries
- Coming Soon
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score 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 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 55 | 8% | 65% | 27% | 88% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 60 | 6% | 60% | 34% | 98% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 60 | 8% | 57% | 35% | 90% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 41 | 31% | 50% | 19% | 66% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 44 | 24% | 57% | 19% | 72% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 38 | 35% | 54% | 11% | 56% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 37 | 55% | 31% | 14% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 42 | 49% | 40% | 11% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 35 | 52% | 41% | 7% | 38% |
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
Xaar’s standard terms are 60 days following the end of the month. https://www.xaar.com/media/2346/xaar-terms-and-conditions-of-purchase-v7-oct20.pdf. However there are agreements with many suppliers where the terms differ from Xaar’s standard terms, and are in most cases shorter.
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
120
Dispute Resolution Process
Xaar is committed to building and maintaining strong relationships with our suppliers and seeks to resolve invoice queries/disputes with suppliers as quickly as possible. The majority of Xaar’s supplier relationships are covered by our standard terms and conditions. The dispute resolution process in these cases will be as stated below. Most invoices are issued against a Xaar purchase order. Queries for these invoices are passed by Accounts Payable to the Purchasing department, which is responsible for raising Purchase Orders with suppliers, for investigation and resolution. For any non-purchase order invoices, Accounts Payable will either raise queries with suppliers directly or will work in collaboration with the internal invoice owner in order to resolve with the supplier. Where there is a specific agreement in place with a supplier, a specified dispute resolution clause will be included in the agreement. The exact wording of the clause will vary but the process is likely to be that Xaar and the supplier will attempt to settle the dispute themselves; if no resolution is found then it will be taken to an independent body to resolve; and then to Court if the dispute cannot be resolved.
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
XAARJET LIMITED is a UK-based company that specializes in developing and manufacturing digital inkjet technology for a wide range of industries. The company was founded in 1990 and has since become a leader in the digital printing industry.
The company's main focus is on sustainability and they have implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste and implementing sustainable practices in their manufacturing processes.
XAARJET LIMITED offers a variety of products and services, including printheads, inks, and software solutions for digital printing. Their printheads are known for their high performance and reliability, making them a popular choice among customers.
The key people at XAARJET LIMITED include CEO John Mills, CFO Lily Brown, and CTO Steve Sanderson. They have a team of experienced professionals who are dedicated to driving the company's growth and success.
For any inquiries or support, customers can contact XAARJET LIMITED through their website at www.xaarjet.com or via email at info@xaarjet.com. The company's registered office address is located at Unit 2 Science Park, Milton Road, Cambridge, CB4 0XR, United Kingdom.
In conclusion, XAARJET LIMITED is a leading company in the digital printing industry, with a strong focus on sustainability. They offer high-quality products and services and are led by a team of experienced professionals.
