WILLIAMS ADVANCED ENGINEERING LIMITED
Company Information
- Company Number
- 08012215
- Registered Address
- Oxford Spires Business Park, The Boulevard, Kidlington, England, OX5 1GB
- Status
- Active
- Employee Count
- 729
- Turnover
- £111,725,000
- EBITDA
- -£59,775,000
Additional Details
- Website
- https://elysia.co/
- Company Type
- Private limited Company
- Incorporated On
- 29 March 2012
- Nature of Business
- 29320 - Manufacture of other parts and accessories for motor vehicles71122 - Engineering related scientific and technical consulting activities71129 - Other engineering activities
- Industries
- Road Travel
- Region
- South East
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 Jul 2024 - 31 Dec 2024 | 02 May 2025 | 40 | 19% | 53% | 28% | 73% |
| 01 Jul 2021 - 31 Dec 2021 | 23 Feb 2022 | 42 | 31% | 52% | 16% | 76% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Apr 2021 | 46 | 29% | 48% | 23% | 37% |
| 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% |
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
For most companies our standard payment terms are 60 days EOM. Some contractor invoices have a 7 day payment term
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
If there are disputes relating to invoices due for payment, the details of the query are passed to the purchasing department or applicable requisitioner, to validate any differences between what has been ordered and what has been invoiced, and dispute with their supplier contact as necessary. If the supplier invoice is incorrect, a credit note is requested. All invoices should be sent to payables@wae.com in the first instance.
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.
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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?
❌
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
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.
