AERIAL DIRECT LIMITED
Company Information
- Company Number
- 08043921
- Registered Address
- 1 Barnes Wallis Road, Fareham, England, PO15 5UA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 April 2012
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
AERIAL DIRECT LIMITED demonstrates a clear trend of extended payment cycles, with an average payment time of 50 days. A significant portion, 47% of invoices, are paid over 60 days, indicating a consistent pattern of slow payment rather than occasional delays.
Volatility Analysis
Payment reliability for promptness is low, with a wide spread from 35% paid within 30 days to 47% exceeding 60 days. This makes payment timing highly unpredictable for suppliers, challenging cash flow forecasting and increasing working capital requirements.
Summary Analysis
Suppliers should anticipate significantly delayed payments from AERIAL DIRECT LIMITED, as nearly half of invoices extend beyond 60 days despite a 0% officially "late" record. It is recommended to establish clear, extended payment terms or adjust pricing to mitigate the increased working capital burden and delayed cash flow.
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 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 50 | 35% | 18% | 47% | 0% |
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
Standard payment terms are end of month following date of invoice, depending on the contract or Purchase Order T&Cs, however specific terms are negotiated depending on the commercial situation
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
Dispute Resolution Process
We value clear and effective communication. In the rare event of a dispute regarding payments, our accounts payable team is dedicated to prompt resolution. We have established efficient channels for suppliers to raise concerns and queries, ensuring timely and fair resolutions. Our commitment to transparency and collaboration extends to our approach to resolving any payment-related disputes, fostering trust and strong partnerships with our suppliers.
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
AERIAL DIRECT LIMITED operates as a private limited company. The company name suggests its involvement in services or products related to aerials and direct communication solutions.
The company is registered in England and Wales under company number 08043921 and holds an active status. It was incorporated on 24 April 2012 and is located within the South East region, with its registered office at 1 Barnes Wallis Road, Fareham, England, PO15 5UA.
Companies operating within the aerials and direct communication sector in the UK typically specialise in the installation, maintenance, and repair of television, radio, and satellite aerials. They also commonly offer services for broadband connectivity, telecommunication systems, and provide technical support or equipment supply to both residential and commercial clients.
