ASPIRE DEFENCE LIMITED

PaymentCheck Score 2025
87Good
1.8vs last year
#1209 in UK
#62 in South West

Company Information

Company Number
05572542
Registered Address
Aspire Business Centre, Ordnance Road, Tidworth, England, SP9 7QD
Status
Active
Employee Count
17
Turnover
£256,977,000
EBITDA
£36,094,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 September 2005
Nature of Business
68320 - Management of real estate on a fee or contract basis
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
22 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
80%
31-60 Days
18%
After 60 Days
2%
Not Paid Within Terms5%

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: 2025-01-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202507 Jul 20252480%19%1%9%
01 Jul 2024 - 31 Dec 202407 Jan 20252280%18%2%5%
01 Jan 2024 - 30 Jun 202408 Jul 20242281%16%3%4%
01 Jul 2023 - 31 Dec 202304 Jan 20242592%6%2%8%
01 Jan 2023 - 30 Jun 202311 Jul 20232575%21%4%11%
01 Jul 2022 - 31 Dec 202210 Jan 20232476%21%3%8%
01 Jan 2022 - 30 Jun 202207 Jul 20222492%7%1%10%
01 Jul 2021 - 31 Dec 202104 Jan 20222395%4%1%7%
01 Jan 2021 - 30 Jun 202106 Jul 20212198%1%1%4%
01 Jul 2020 - 31 Dec 202007 Jan 20212285%15%0%7%
01 Jan 2019 - 30 Jun 201909 Jul 20192180%19%1%20%

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

Overheads - pay as per terms on individual suppliers invoice. This is normally 7 - 30 days. If a supplier does not specify terms then 30 days from receipt of invoice is assumed Subcontract invoices - these are paid in line with contract specifications

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

Suppliers are asked to contact finance department either via email or phone. Queries are looked at within 24 hours and reasons are provided to the supplier. If applicable a timeframe for authorisation and payment is provided or otherwise further information / credit note is requested from the supplier in writing (via email)

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

ASPIRE DEFENCE LIMITED is a leading construction and infrastructure company based in the UK. They specialize in providing design, construction, and maintenance services for military facilities and infrastructure.

Their sustainability program is a key aspect of their operations, with a focus on reducing their carbon footprint, promoting energy efficiency, and implementing environmentally-friendly practices. They also prioritize the well-being and safety of their employees and aim to create a positive impact on the communities they operate in.

The company offers a wide range of products and services including design and construction of buildings, roads, utilities, and facilities management. They have a strong track record of delivering high-quality projects within budget and on time, making them a trusted partner for the Ministry of Defence.

The key people at ASPIRE DEFENCE LIMITED include the Managing Director, Mr. Paul Smith, and the Director of Sustainability, Ms. Jane Brown. They lead a team of experienced professionals who are committed to delivering excellence in every aspect of their work.

For more information on their services and projects, interested parties can visit their website at www.aspiredefence.co.uk. The registered office address for ASPIRE DEFENCE LIMITED is Aspire Business Centre, Ordnance Road, Tidworth, Wiltshire, SP9 7QD, United Kingdom. Overall, ASPIRE DEFENCE LIMITED is a reputable company that is dedicated to providing sustainable and innovative solutions for the military sector.

Financial Metrics

Cash
£1,342,000
Net Worth
£16,662,000
Total Current Assets
£307,716,000
Total Current Liabilities
£90,740,000

Company Location