Score of 94/100 qualifies for PaymentCheck Certification
MACQUARIE AEROSPACE HOLDINGS UK LIMITED consistently demonstrates an excellent payment trend, settling all invoices within an average of 30 days. Their perfect record of 100% payments made within 30 days, with zero instances of late payments, indicates a highly stable and positive trajectory for timely settlements.
The data reveals exceptionally low volatility in payment behavior, as all invoices are consistently paid within 30 days. This demonstrates extremely high reliability and predictability for suppliers, effectively eliminating concerns about payment delays or inconsistent cash flow.
Overall, MACQUARIE AEROSPACE HOLDINGS UK LIMITED presents as an exceptionally low-risk partner regarding payment terms, making them a highly desirable client for suppliers. Their flawless payment history provides strong assurance for predictable and prompt settlements, suggesting no specific payment-related risk mitigation strategies are necessary beyond standard contractual agreements.
| 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 2019 - 31 Mar 2020 | 05 May 2020 | 30 | 100% | 0% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 09 Oct 2019 | 30 | 100% | 0% | 0% | 0% |
| 01 Nov 2018 - 31 Mar 2019 | 30 Apr 2019 | 30 | 100% | 0% | 0% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 09 Nov 2018 | 30 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We don’t use standard terms. Our most frequently used payment terms for qualifying contracts is payment within 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
30
We don’t have a formal dispute resolution process. Any dispute will typically be considered by our Vice President, Financial Planning & Treasury, within 5 working days of such dispute arising and will be escalated to our Chief Executive Officer if not resolved with the concerned supplier
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
MACQUARIE AEROSPACE HOLDINGS UK LIMITED is a private limited company operating within the aerospace sector. Its name indicates involvement in the holding or management of aerospace assets or investments.
The company is active and was incorporated on 25 February 2015, registered under company number 09457141. Its registered office is located at 4 Coleman Street, 6th Floor, London, United Kingdom, EC2R 5AR.
A company of this type, a private limited company with "Aerospace Holdings" in its name, characteristically engages in the acquisition, management, and holding of investments within the aerospace sector. Such entities typically provide services related to corporate structuring, asset management, and strategic oversight for a portfolio of aerospace-related businesses or projects in the UK market.