30 Fair PaymentHow fast UK companies pay their suppliers
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Magellan Aerospace (UK) Limited

Registered as MAGELLAN AEROSPACE (UK) LIMITED. Company number 04909329. 14 payment practices reports on file, the latest for the period ending 31 December 2024, filed 22 May 2025.

73days 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, Magellan Aerospace (UK) Limited reported that it took an average of 73 days to pay its suppliers' invoices. It paid 6% of invoices within 30 days, 24% in 31 to 60 days and 70% after more than 60 days. It said 54% of invoices were not paid within the agreed terms.

A year earlier, in the period to 31 December 2023, the average was 85 days, so it is 12 days faster 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 47 Jun 2019 49 Dec 2019 50 Jun 2020 35 Dec 2020 56 Jun 2021 68 Dec 2021 75 Jun 2022 77 Dec 2022 77 Jun 2023 85 Dec 2023 78 Jun 2024 73 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 22 May 2025 73 6%24%70%54% Report
Jan to Jun 2024 21 May 2025 78 5%19%76%75% Report
Jul to Dec 2023 22 Aug 2024 85 3%19%78%86% Report
Jan to Jun 2023 22 Aug 2024 77 5%25%70%71% Report
Jul to Dec 2022 22 Aug 2024 77 8%25%67%67% Report
Jan to Jun 2022 21 Jul 2022 75 14%26%61%17% Report
Jul to Dec 2021 7 Jun 2022 68 12%29%59%64% Report
Jan to Jun 2021 30 Jul 2021 56 22%35%42%42% Report
Jul to Dec 2020 9 Feb 2021 35 54%27%18%42% Report
Jan to Jun 2020 4 Aug 2020 50 33%32%35%45% Report
Jul to Dec 2019 4 Feb 2020 49 34%38%28%34% Report
Jan to Jun 2019 31 Jul 2019 47 31%36%33%26% Report
Jul to Dec 2018 31 Jan 2019 47 32%37%32%24% Report
Jan to Jun 2018 31 Jul 2018 51 21%37%42%65% 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.