THOMPSON AERO SEATING LIMITED
Company Information
- Company Number
- NI032654
- Registered Address
- 51 Seagoe Industrial Estate, Portadown, Craigavon, County Armagh, BT63 5QE
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 July 1997
- Nature of Business
- 30990 - Manufacture of other transport equipment not elsewhere classified74909 - Other professional, scientific and technical activities not elsewhere classified
- Industries
- Coming Soon
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
THOMPSON AERO SEATING LIMITED exhibits a consistent trend of extended payment cycles, with an average payment time of 50 days. The vast majority of payments, 81%, fall within the 31-60 day range, indicating a predictable but longer-than-average payment trajectory. While only 3% of invoices are settled within 30 days, a significant 16% extend beyond 60 days.
Volatility Analysis
Despite 81% of payments falling into a defined 31-60 day window, the 59% late payment rate and 16% exceeding 60 days introduce a moderate level of payment unreliability. Suppliers should anticipate payments consistently around the 50-day average, but must acknowledge a noticeable risk of further delays. This payment pattern suggests a need for suppliers to maintain robust cash flow management.
Summary Analysis
Suppliers engaging with THOMPSON AERO SEATING LIMITED should primarily factor in extended payment terms of approximately 50 days for cash flow planning. Key decision factors include the supplier's own working capital requirements and tolerance for delayed receipts. To mitigate risk, consider negotiating clear payment schedules beyond 30 days, adjusting pricing to account for funding costs, or implementing late payment clauses for invoices exceeding 60 days.
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 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 50 | 3% | 81% | 16% | 59% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 51 | 2% | 79% | 19% | 82% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 56 | 1% | 66% | 33% | 94% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 56 | 0% | 68% | 31% | 97% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 54 | 1% | 74% | 25% | 97% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 56 | 1% | 68% | 31% | 96% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 54 | 6% | 64% | 30% | 86% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 57 | 1% | 66% | 33% | 97% |
| 01 Jan 2021 - 30 Jun 2021 | 03 Aug 2021 | 67 | 2% | 39% | 59% | 97% |
| 01 Jul 2020 - 31 Dec 2020 | 16 Mar 2021 | 73 | 1% | 27% | 72% | 98% |
| 01 Jan 2020 - 30 Jun 2020 | 26 Oct 2020 | 74 | 1% | 31% | 68% | 99% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 69 | 1% | 38% | 61% | 99% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 63 | 17% | 39% | 44% | 98% |
| 01 Jul 2018 - 31 Dec 2018 | 21 May 2019 | 76 | 5% | 19% | 76% | 94% |
| 01 Jan 2018 - 30 Jun 2018 | 21 May 2019 | 77 | 1% | 23% | 76% | 99% |
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
Under Thompson Aero Seating's standard payment terms we commit to pay suppliers within 45 days from the end of the month in which we receive a proper invoice, or within 45 days from the end of the month in which we receive the goods or services in question, if later
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
Invoicing disputes are dealt with by our finance and supply chain teams. They work with authorised representatives of the supplier and endeavour to resolve all disputes in a fair & timely manner through discussion & agreement.
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
THOMPSON AERO SEATING LIMITED is an active private limited company specialising in aero seating. This refers to the design, manufacture, or supply of seating solutions primarily for the aerospace industry.
The company, with company number NI032654, was incorporated on 9 July 1997. Its registered office is situated at 51 Seagoe Industrial Estate, Portadown, Craigavon, County Armagh, BT63 5QE, in Northern Ireland.
Companies operating in the aero seating sector typically provide a range of specialised products and services for the aviation market. These often include the development and supply of passenger seats for commercial aircraft, alongside bespoke seating solutions for various aviation applications, emphasising aspects like comfort, safety, and regulatory compliance.
