SPIRIT AEROSYSTEMS (EUROPE) LIMITED
Company Information
- Company Number
- 05663660
- Registered Address
- Tower Bridge House, St Katharine's Way, London, E1W 1AA
- Status
- Active
- Employee Count
- 1,231
- Turnover
- £501,533,000
- EBITDA
- -£76,003,000
Additional Details
- Website
- https://www.spiritaero.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 December 2005
- Nature of Business
- 30300 - Manufacture of air and spacecraft and related machinery
- Industries
- Air Travel, Manufacturing, Raw Materials And Intermediate Goods
- Region
- London
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 2025 - 03 Jul 2025 | 29 Jul 2025 | 71 | 10% | 36% | 54% | 36% |
| 28 Jun 2024 - 31 Dec 2024 | 13 Jan 2025 | 71 | 8% | 38% | 54% | 47% |
| 01 Jan 2024 - 27 Jun 2024 | 24 Jul 2024 | 67 | 10% | 45% | 45% | 31% |
| 30 Jun 2023 - 31 Dec 2023 | 15 Jan 2024 | 67 | 29% | 35% | 36% | 32% |
| 01 Jan 2023 - 29 Jun 2023 | 04 Jul 2023 | 67 | 39% | 18% | 43% | 45% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 67 | 41% | 18% | 42% | 46% |
| 02 Aug 2021 - 31 Dec 2021 | 13 Jan 2022 | 64 | 40% | 21% | 39% | 63% |
| 01 Jan 2021 - 01 Jul 2021 | 27 Jul 2021 | 66 | 30% | 19% | 51% | 46% |
| 03 Aug 2020 - 31 Dec 2020 | 14 Jan 2021 | 62 | 41% | 22% | 37% | 35% |
| 01 Jan 2020 - 02 Aug 2020 | 31 Aug 2020 | 67 | 14% | 25% | 61% | 58% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 43 | 35% | 23% | 42% | 40% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jul 2019 | 56 | 17% | 29% | 54% | 49% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2019 | 64 | 9% | 28% | 63% | 57% |
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
Per contract
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
120
Dispute Resolution Process
Supply Chain Management team responsible for dispute resolution ahead of payment
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
SPIRIT AEROSYSTEMS (EUROPE) LIMITED is a leading manufacturer of aerospace structures and components, based in Prestwick, Scotland. The company is a subsidiary of Spirit AeroSystems, a global leader in the design and manufacture of aerostructures for commercial and defense aircraft.
The main activities of SPIRIT AEROSYSTEMS (EUROPE) LIMITED include the design, development, and production of aerostructures such as fuselages, wing components, and propulsion systems. These components are used in various aircraft models, including the Airbus A320, A350, and Boeing 737 and 787.
As a responsible corporate citizen, SPIRIT AEROSYSTEMS (EUROPE) LIMITED has a strong sustainability program in place. The company is committed to reducing its environmental impact through various initiatives such as energy efficiency, waste reduction, and recycling. In addition, the company is also focused on promoting diversity and inclusion within its workforce and ensuring ethical and responsible business practices.
The key people at SPIRIT AEROSYSTEMS (EUROPE) LIMITED include the managing director, Mr. John Pilla, and the director of operations, Mr. Steve McQuilliam. Both have extensive experience in the aerospace industry and are committed to driving the company's growth and success.
For any inquiries or information, SPIRIT AEROSYSTEMS (EUROPE) LIMITED can be contacted through their website, www.spiritaero.com, or their registered office address at Unit 53, Prestwick International Aerospace Park, Prestwick, Scotland, KA9 2RW.
In conclusion, SPIRIT AEROSYSTEMS (EUROPE) LIMITED is a leading manufacturer of aerospace structures and components, with a strong focus on sustainability and responsible business practices. With their experienced leadership and commitment to innovation, the company continues to be a key player in the aerospace industry.
