GULFSTREAM AEROSPACE, LTD
Company Information
- Company Number
- 04690404
- Registered Address
- East Gate Trenchard Way, Farnborough Airport, Farnborough, United Kingdom, GU14 6GU
- Status
- Active
- Employee Count
- 245
- Turnover
- £60,087,000
- EBITDA
- £10,506,000
Additional Details
- Website
- https://gulfstream.com
- Company Type
- Private limited Company
- Incorporated On
- 7 March 2003
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
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 2024 - 30 Jun 2024 | 17 Jul 2024 | 25 | 73% | 23% | 4% | 27% |
| 01 Jul 2023 - 31 Dec 2023 | 14 Mar 2024 | 35 | 52% | 32% | 16% | 48% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Mar 2024 | 38 | 59% | 29% | 12% | 41% |
| 01 Jul 2022 - 31 Dec 2022 | 14 Mar 2024 | 63 | 44% | 18% | 39% | 56% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Mar 2024 | 112 | 23% | 27% | 50% | 77% |
| 01 Jul 2021 - 31 Dec 2021 | 14 Mar 2024 | 33 | 55% | 33% | 12% | 45% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 28 | 67% | 27% | 6% | 33% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 25 | 73% | 21% | 6% | 27% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 15 | 95% | 3% | 2% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 22 | 82% | 9% | 9% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 16 | 90% | 9% | 1% | 11% |
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 30 days. The longest contractual payment terms are 45 days. There have been no changes to standard payment terms in the reporting period.
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
45
Dispute Resolution Process
All invoice queries are dealt with by the in-house Accounts Payable team. Disputed items are escalated to appropriate management as necessary.
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
GULFSTREAM AEROSPACE, LTD is a leading aircraft manufacturer based in Savannah, Georgia, with a global presence in the aviation industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The sustainability program at GULFSTREAM AEROSPACE, LTD focuses on three key areas: reducing carbon emissions, conserving natural resources, and promoting community involvement. The company has set ambitious goals to reduce its carbon footprint by 20% by 2020 and has implemented energy-efficient practices in its manufacturing processes.
GULFSTREAM AEROSPACE, LTD offers a range of products and services, including business jets, aircraft maintenance, and customer support. The company's flagship product, the G650, is known for its advanced technology, luxury amenities, and high-performance capabilities. The company also offers a range of sustainable aviation fuels to its customers, reducing their carbon footprint.
Key people at GULFSTREAM AEROSPACE, LTD include Mark Burns, the President of the company, and Larry Flynn, the Senior Vice President of Operations. Both have extensive experience in the aviation industry and are committed to driving the company's sustainability efforts.
To learn more about GULFSTREAM AEROSPACE, LTD and its sustainability program, interested parties can visit their website at www.gulfstream.com. The company's registered office address is 500 Gulfstream Road, Savannah, GA 31407, USA. With its commitment to sustainability and high-quality products and services, GULFSTREAM AEROSPACE, LTD continues to be a leader in the aviation industry.
