Their own payment-practices filing · gov.uk

How long does Meggitt Aerospace Limited take to pay its suppliers?

CRN 03477890 · Manufacturing · 14 statutory reports on record · period to 31 Dec 2024

83days

their reported average time to pay suppliers, latest period

Well behindvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

Dated record. The latest report covers a period ending 31 Dec 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 9 Dec 1997
Registered office: PILOT WAY, COVENTRY, CV7 9JU

0 outstanding charges on the register Accounts due 31 Mar 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 90 days. Reported average: 83.

Stated terms90d

-7 days

Reported avg83d

At a glance

The key figures

90d

their stated terms

34%

invoices paid outside terms

+14d

slower over the window

±12d

variable pattern

Vs peers · latest reported averages

fasterslower

Slower than 96% of the 992 large companies reporting in manufacturing.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 90d

101

H1 2022H2 2022H1 2023H2 2023H1 2024H2 2024

Where their supplier invoices land · latest period

within 30 days 10% 31–60 days 26% 61+ days 64%

The read · computed from their figures

Meggitt Aerospace Limited has filed 14 statutory payment periods (earliest H1 2018). Their latest report puts the average at 83 days against stated terms of 90 days.

The direction is slower: from 69 to 83 days over the window — about 14 days slower.

In the latest period 34% of invoices were paid outside their agreed terms, and 64% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Standard payment terms across all sites are 90 days.

Dispute resolution

I2C have a dispute resolution team in which they deal with any queries.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2024	83	34%	64%	27 Mar 2025
H1 2024	101	33%	60%	31 Jul 2024
H2 2023	77	30%	51%	29 Jan 2024
H1 2023	79	31%	55%	28 Jul 2023
H2 2022	77	29%	51%	29 Mar 2023
H1 2022	69	28%	49%	27 Jul 2022
H2 2021	68	40%	49%	30 Jan 2022
H1 2021	69	67%	54%	27 Jul 2021
H2 2020	71	59%	56%	27 Jan 2021
H1 2020	68	67%	18%	30 Jul 2020
H2 2019	66	49%	55%	30 Jan 2020
H1 2019	66	64%	60%	19 Jul 2019
H2 2018	66	71%	65%	23 Jan 2019
H1 2018	66	71%	65%	30 Jul 2018

Quick answers

Are they getting slower or faster?

Their reported average has moved about 14 days slower over the window (69 → 83 days).

What's their typical pay point?

Their latest reports average around day 83, moving within about ±12 days. Treat that as a historical reference point, not a promise for a new invoice.

Can I see what this means for my invoices?

Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Meggitt Aerospace Limited (free)

Their next payment report is due ≈ 29 Jul 2025. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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More large companies in manufacturing

Meggitt (UK) Limited · Melitta UK Ltd. · Medtronic Limited · Memory Lane Cakes Limited · Medlock Medical Limited · Merck Sharp & Dohme Limited

How UK payment reporting works

What is a Payment Practices Report?

UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.

What does "paid outside agreed terms" mean?

The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.

How often is this data updated?

Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.

Is this official government data?

The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-03477890 · latest period to 31 Dec 2024

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