BABCOCK AEROSPACE LIMITED

PaymentCheck Score 2025
68Fair
6.1vs last year
#2570 in UK
#26 in Air Travel
#1042 in London

Company Information

Company Number
03887962
Registered Address
33 Wigmore Street, London, W1U 1QX
Status
Active
Employee Count
1,636
Turnover
£108,629,000
EBITDA
£11,002,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 December 1999
Nature of Business
84110 - General public administration activities
84220 - Defence activities
Industries
Air Travel, Safety And Security
Region
London

Time to Pay

Average Time to Pay
31 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
59%
31-60 Days
40%
After 60 Days
1%
Not Paid Within Terms14%

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: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20254258%37%5%18%
01 Oct 2023 - 31 Mar 202429 Apr 20242960%38%2%19%
01 Apr 2023 - 30 Sept 202327 Oct 20233657%40%3%20%
01 Apr 2022 - 30 Sept 202228 Oct 20224149%43%8%39%
01 Oct 2021 - 31 Mar 202212 May 20223265%28%7%64%
01 Apr 2021 - 30 Sept 202128 Oct 20213270%24%6%54%
01 Oct 2020 - 31 Mar 202104 May 20212483%15%3%59%
01 Apr 2019 - 30 Sept 201916 Oct 20192080%18%2%56%
01 Apr 2018 - 30 Sept 201830 Oct 20182085%13%2%54%

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 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) 97% paid within 30 days

Maximum contractual payment period agreed

60

Dispute Resolution Process

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.

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

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.

Financial Metrics

Cash
£25,000
Net Worth
£8,111,000
Total Current Assets
£86,649,000
Total Current Liabilities
£89,036,000

Company Location