WESTON AEROSPACE LIMITED
Company Information
- Company Number
- 04740406
- Registered Address
- 5 New Street Square, London, EC4A 3TW
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 April 2003
- Nature of Business
- 28990 - Manufacture of other special-purpose machinery not elsewhere classified32990 - Other manufacturing not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time for Weston Aerospace Limited is 62 days, revealing a consistent trend of payments extending well beyond standard 30-day terms. With 69% of payments falling into the 31-60 days or over 60 days categories, the trajectory indicates a strong propensity for delayed settlement.
Volatility Analysis
The company's 52% late payment rate and 62-day average demonstrate significant unreliability and low predictability for timely invoice settlement. This payment pattern introduces considerable risk to a supplier's cash flow, making accurate financial forecasting difficult.
Summary Analysis
Suppliers should anticipate extended payment cycles averaging 62 days from Weston Aerospace Limited, requiring robust cash flow management. It is recommended to negotiate explicit payment terms, potentially apply stricter credit limits, and consider factoring or early payment discount strategies to mitigate risk. Close monitoring of payment performance and adaptive credit policies are crucial for maintaining a healthy supplier relationship.
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 Apr 2025 - 30 Sept 2025 | 10 Nov 2025 | 54 | 32% | 44% | 24% | 48% |
| 01 Oct 2024 - 31 Mar 2025 | 10 Nov 2025 | 62 | 31% | 38% | 31% | 52% |
| 01 Apr 2024 - 30 Sept 2024 | 05 Nov 2024 | 60 | 26% | 43% | 31% | 47% |
| 01 Oct 2023 - 31 Mar 2024 | 09 Aug 2024 | 62 | 21% | 37% | 42% | 45% |
| 01 Apr 2023 - 30 Sept 2023 | 14 Feb 2024 | 65 | 59% | 25% | 16% | 58% |
| 01 Oct 2022 - 31 Mar 2023 | 26 May 2023 | 63 | 20% | 43% | 38% | 50% |
| 01 Apr 2022 - 30 Sept 2022 | 26 May 2023 | 63 | 17% | 43% | 40% | 51% |
| 01 Oct 2021 - 31 Mar 2022 | 27 May 2022 | 63 | 17% | 47% | 37% | 51% |
| 01 Oct 2020 - 31 Mar 2021 | 21 Apr 2021 | 67 | 16% | 44% | 40% | 52% |
| 01 Apr 2020 - 30 Sept 2020 | 11 Nov 2020 | 60 | 11% | 46% | 43% | 40% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Jul 2020 | 60 | 19% | 49% | 32% | 32% |
| 31 Mar 2019 - 30 Sept 2019 | 14 Oct 2019 | 60 | 18% | 48% | 34% | 30% |
| 28 Sept 2018 - 30 Mar 2019 | 02 May 2019 | 65 | 9% | 38% | 53% | 45% |
| 30 Mar 2018 - 27 Sept 2018 | 02 May 2019 | 60 | 12% | 40% | 47% | 39% |
| 30 Sept 2017 - 30 Mar 2018 | 11 Sept 2018 | 63 | 13% | 42% | 46% | 37% |
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
Majority of suppliers are on 30 days net. Around a third of suppliers are on 60 days net.
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
90
Dispute Resolution Process
Disputes are resolved by several departments, depending on the reason for the dispute. Procurement resolve pricing queries, Quality resolve issues relating to parts being rejected and Logistics resolve discrepancies in quantity receipted.
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
WESTON AEROSPACE LIMITED is an active private limited company
Its name indicates its operation within the aerospace sector, focusing on related products or services
The company was incorporated on 22 April 2003 with company number 04740406
It is registered in London, with its official registered office located at 5 New Street Square, London, EC4A 3TW
Typically, private limited companies operating in the UK aerospace sector specialise in various activities
These often include the design, manufacture, supply, and maintenance of components, systems, and services for aircraft, spacecraft, or other aviation-related applications
