30 Fair PaymentHow fast UK companies pay their suppliers
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Meggitt Aerospace Limited

Registered as MEGGITT AEROSPACE LIMITED. Company number 03477890. 14 payment practices reports on file, the latest for the period ending 31 December 2024, filed 27 March 2025.

83days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 July 2024 to 31 December 2024, Meggitt Aerospace Limited reported that it took an average of 83 days to pay its suppliers' invoices. It paid 10% of invoices within 30 days, 26% in 31 to 60 days and 64% after more than 60 days. It said 34% of invoices were not paid within the agreed terms.

A year earlier, in the period to 31 December 2023, the average was 77 days, so it is 6 days slower now.

This company has not filed a report for a period ending since May 2025, so it is not in our current tables. Companies stop reporting when they no longer meet the size test, are restructured or close.

Average days to pay, report by report

30 66 Jun 2019 66 Dec 2019 68 Jun 2020 71 Dec 2020 69 Jun 2021 68 Dec 2021 69 Jun 2022 77 Dec 2022 79 Jun 2023 77 Dec 2023 101 Jun 2024 83 Dec 2024

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jul to Dec 2024 27 Mar 2025 83 10%26%64%34% Report
Jan to Jun 2024 31 Jul 2024 101 10%30%60%33% Report
Jan to Dec 2023 29 Jan 2024 77 12%37%51%30% Report
Jan to Jun 2023 28 Jul 2023 79 7%37%55%31% Report
Jul to Dec 2022 29 Mar 2023 77 12%37%51%29% Report
Jan to Jun 2022 27 Jul 2022 69 15%36%49%28% Report
Jul to Dec 2021 30 Jan 2022 68 11%40%49%40% Report
Jan to Jun 2021 27 Jul 2021 69 6%40%54%67% Report
Jul to Dec 2020 27 Jan 2021 71 9%35%56%59% Report
Jan to Jun 2020 30 Jul 2020 68 51%31%18%67% Report
Jul to Dec 2019 30 Jan 2020 66 13%32%55%49% Report
Jan to Jun 2019 19 Jul 2019 66 11%29%60%64% Report
Jul to Dec 2018 23 Jan 2019 66 7%28%65%71% Report
Jan to Jun 2018 30 Jul 2018 66 7%28%65%71% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.