| 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 43 | 54% | 41% | 5% | 17% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 42 | 58% | 37% | 5% | 18% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 31 | 59% | 40% | 1% | 14% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 29 | 58% | 41% | 1% | 21% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 29 | 60% | 38% | 2% | 19% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 36 | 57% | 40% | 3% | 20% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 34 | 57% | 37% | 6% | 32% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 41 | 49% | 43% | 8% | 39% |
| 01 Oct 2021 - 31 Mar 2022 | 12 May 2022 | 32 | 65% | 28% | 7% | 64% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 32 | 70% | 24% | 6% | 54% |
| 01 Oct 2020 - 31 Mar 2021 | 04 May 2021 | 24 | 83% | 15% | 3% | 59% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 26 | 76% | 15% | 9% | 56% |
| 01 Apr 2019 - 30 Sept 2019 | 16 Oct 2019 | 20 | 80% | 18% | 2% | 56% |
| 01 Oct 2018 - 31 Mar 2019 | 24 Apr 2019 | 21 | 80% | 17% | 3% | 49% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 20 | 85% | 13% | 2% | 54% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are generally in the range of 30 to 60 days. Small and micro suppliers are on 30 day terms
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Small supplier (49 or less employees) 92% paid within 30 days
Maximum contractual payment period agreed
60
Relationships with our suppliers are important to us and we rely on our suppliers to deliver high quality goods and services to meet the needs of our customers. Our purchase contracts specify dispute escalation processes. We commit to treating suppliers fairly and intend to resolve any identified disputes as quickly as possible. Point of contact details are provided on purchase orders.
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
BABCOCK AEROSPACE LIMITED is a British aerospace company that provides a wide range of products and services to the aerospace industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes reducing energy consumption, recycling waste, promoting sustainable procurement and continuously improving their processes to minimize their carbon footprint. They also have an active community outreach program, supporting local charities and initiatives.
The company offers a diverse range of products and services, including aircraft maintenance, engineering services, and support for military and commercial aircraft. They also provide training and simulation services for pilots and crew members.
The key people at BABCOCK AEROSPACE LIMITED include CEO David Lockwood and Chairman Mike Turner, both of whom have extensive experience in the aerospace industry.
The company's registered office address is located in London, UK. Their website, www.babcockinternational.com/aerospace, provides further information on their products, services, and sustainability program. Customers can also contact them via phone or email for inquiries or to request a quote.
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