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Their own payment-practices filing · gov.uk

How long does Spirit Aerosystems (Europe) Limited take to pay its suppliers?

CRN 05663660 · Manufacturing · 17 statutory reports on record · period to 30 Jun 2026

73days
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.

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
29 Dec 2005
Registered office
PEGASUS HOUSE AEROSPACE AVENUE, BRISTOL, BS34 7PA
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–120 days. Reported average: 73.

Stated terms7–120d
+66 days
Reported avg73d

At a glance

The key figures

7–120d
their stated terms
38%
invoices paid outside terms
+6d
slower over the window
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 92% of the 992 large companies reporting in manufacturing.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 7d
67
67
71
71
70
73
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 8% 31–60 days 31% 61+ days 61%

The read · computed from their figures

Spirit Aerosystems (Europe) Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 73 days against stated terms of 7–120 days.

The direction is slower: from 67 to 73 days over the window — about 6 days slower.

In the latest period 38% of invoices were paid outside their agreed terms, and 61% landed 61+ days out.

In their own words · from the filing

Standard payment terms

per the contract

Dispute resolution

Supply Chain Management team responsible for dispute resolution ahead of payment

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20267338%61%30 Jul 2026
H2 20257036%57%30 Jan 2026
H1 20257136%54%29 Jul 2025
H2 20247147%54%13 Jan 2025
H1 20246731%45%24 Jul 2024
H2 20236732%36%15 Jan 2024
H1 20236745%43%4 Jul 2023
H2 20226746%42%16 Jan 2023
H1 20226637%39%12 Jul 2022
H2 20216463%39%13 Jan 2022
H1 20216646%51%27 Jul 2021
H2 20206235%37%14 Jan 2021
H1 20206758%61%31 Aug 2020
H2 20195838%41%22 Jan 2020
H1 20194340%42%24 Jul 2019
H2 20185649%54%24 Jul 2019
H1 20186457%63%24 Jul 2019

Working-capital effect

What a 73-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 73-day vs a 7-day payment cycle.

≈ £29,000
of invoicing outstanding at any one time on a 73-day cycle — about £26,000 more than the same account would carry at 7-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers

Are they getting slower or faster?
Their reported average has moved about 6 days slower over the window (67 → 73 days).
What's their typical pay point?
Their latest reports average around day 73, moving within about ±2 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

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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-05663660 · latest period to 30 Jun 2026

Verify the original Companies House file

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