| 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 Jul 2024 - 31 Dec 2024 | 02 May 2025 | 40 | 19% | 53% | 28% | 73% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Oct 2024 | 87 | 5% | 31% | 64% | 89% |
| 01 Jul 2021 - 31 Dec 2021 | 23 Feb 2022 | 42 | 31% | 52% | 16% | 76% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 39 | 36% | 50% | 14% | 70% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Apr 2021 | 46 | 29% | 48% | 23% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Jul 2020 | 42 | 37% | 43% | 20% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 44 | 33% | 48% | 19% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 38 | 42% | 44% | 14% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days EOM
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
The complaint or concern will be investigated by the Procurement & Finance teams and a response will be agreed collectively before being approved by a senior member of staff.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Williams Advanced Engineering Limited is a British engineering company that provides innovative solutions for a variety of industries, including automotive, aerospace, and energy. The company was founded in 2010 and is based in Oxfordshire, United Kingdom.
The company is committed to sustainability and has a dedicated sustainability program in place. This includes reducing carbon emissions, managing waste and resources responsibly, and promoting sustainable practices throughout its operations.
Williams Advanced Engineering offers a range of products and services, including advanced lightweight materials, hybrid power systems, and electric vehicle technology. These solutions help their clients reduce their environmental impact and improve efficiency.
The company is led by a team of experienced and skilled individuals, including Managing Director Craig Wilson and Technical Director Paul McNamara. They are supported by a team of engineers, designers, and experts in various fields.
The company's website, www.wae.com, provides detailed information about their services, products, and sustainability initiatives. It also includes contact information for potential clients and partners.
The registered office address for Williams Advanced Engineering Limited is Grove, Wantage, Oxfordshire, OX12 0DQ, United Kingdom. Overall, the company is a leader in sustainable engineering solutions and continues to make a positive impact in various industries.