| 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 2019 - 30 Jun 2019 | 23 Jul 2019 | 51 | 26% | 35% | 40% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 12 Feb 2019 | 34 | 30% | 38% | 31% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 45 | 29% | 40% | 31% | 61% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days end of month
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
60
In the event of a dispute with an invoice, either the originator of the order or the purchase ledger clerk will contact the supplier and raise the query, if this is not resolved in a timely manner it is chased by the purchase ledger team.
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.
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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
DONCASTERS AEROSPACE LIMITED is a British company that specializes in manufacturing and supplying high-quality components and systems for the aerospace industry. They have a strong commitment to sustainability and are known for their innovative products and services.
The company's sustainability program focuses on reducing their environmental impact through efficient use of resources, waste reduction, and promoting the use of renewable energy. They also prioritize the well-being and safety of their employees by providing a positive work environment and investing in their professional development.
DONCASTERS AEROSPACE LIMITED offers a wide range of products and services, including precision components, castings, forgings, and assemblies for aircraft engines, airframes, and landing gear. They also provide repair and overhaul services for these components.
The key people at DONCASTERS AEROSPACE LIMITED include the CEO, Tim Martin, and the Chairman, Roy Twite. They lead a team of experienced professionals who are dedicated to delivering high-quality products and services to their customers.
The company's website, www.doncasters.com, provides detailed information about their products, services, and sustainability efforts. Their registered office address is Doncasters House, Falcon Drive, Cardiff, CF10 4SH, United Kingdom.
In conclusion, DONCASTERS AEROSPACE LIMITED is a reputable and sustainable company in the aerospace industry, with a strong focus on innovation and customer satisfaction. Their commitment to sustainability, along with their high-quality products and services, make them a trusted partner for aircraft manufacturers and operators worldwide.