AERFIN LIMITED

Company Information

Company Number
07371844
Registered Address
Unit D Greenway, Bedwas House Industrial Estate, Bedwas, Caerphilly, Mid Glamorgan, CF83 8DW
Status
Active
Employee Count
160
Turnover
£167,718,000
EBITDA
£22,290,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 September 2010
Nature of Business
52230 - Service activities incidental to air transportation
Industries
Travel And Transportation
Region
Wales

Time to Pay

Average Time to Pay
37 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
89%
31-60 Days
8%
After 60 Days
3%
Not Paid Within Terms1%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-01-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201824 Jan 20194089%8%3%1%
01 Jan 2018 - 30 Jun 201830 Jul 20184089%8%3%1%

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

30 days

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

Dispute Resolution Process

email supplier our query and put the invoice on hold. once query has been resolved, we then make 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

AERFIN LIMITED is a UK-based company that specializes in providing sustainable solutions for the aviation industry. They offer a wide range of services including aircraft asset management, aircraft recycling, and parts supply.

Their sustainability program is at the core of their operations, with a focus on reducing the carbon footprint of the aviation industry. AERFIN LIMITED works closely with its customers to develop innovative solutions that promote sustainability and reduce environmental impact. They also have a strong commitment to responsible sourcing and ethical practices in their supply chain.

In terms of products and services, AERFIN LIMITED offers aircraft leasing and trading, end-of-life solutions, and aftermarket support. They also have a dedicated team for engine and component management, providing cost-effective solutions for customers.

The key people at AERFIN LIMITED include its founder and CEO, Bob James, who has over 30 years of experience in the aviation industry. The company also has a team of experienced professionals with a wealth of knowledge in the field of aviation and sustainability.

To learn more about AERFIN LIMITED and their services, interested parties can visit their website at www.aerfin.com. Their registered office address is located at Unit 3, Sir Robert Peel Mill, Mill Lane Industrial Estate, Featherstone, West Yorkshire, WF7 5EP, United Kingdom.

Financial Metrics

Cash
£359,433
Net Worth
£34,906,183
Total Current Assets
£94,587,918
Total Current Liabilities
£17,483,176

Company Location