---
title: "AICO LIMITED - Payment Practices"
date: 2022-07-18
url: https://paymentcheck.co.uk/company-search/02544399/aico-limited
description: "View payment practices for AICO LIMITED. Average time to pay: 18 days."
---

# AICO LIMITED

## Company Information

- **Company Number:** 02544399
- **Status:** Active
- **Company Type:** Private unlimited company
- **Incorporated:** 28 September 1990
- **Registered Address:** . Maesbury Road, Oswestry, Shropshire, England, SY10 8NR
- **Industry:** Hardware, Safety And Security
- **Region:** West Midlands

## Payment Statistics

- **Average Time to Pay:** 18 days
- **Invoices Paid Within 30 Days:** 98%
- **Invoices Paid Between 31-60 Days:** 1%
- **Invoices Paid Later Than 60 Days:** 1%
- **Invoices Not Paid Within Agreed Terms:** 12%

## Payment Terms

- **Standard Payment Terms:** Our standard payment terms are 30 days, however, different payment terms may be negotiated with suppliers where applicable.

- **Shortest Payment Period:** 30 days
- **Longest Payment Period:** 60 days
- **Maximum Contractual Period:** 60 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** False
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

The accounts payable team and authorising manager will work with the supplier to reach a resolution with any invoice dispute.  The invoice will be held until the dispute is resolved and a debit note raised if required.  We aim to resolve any disputes in a timely manner.


## Summary

AICO is a leading company in the fire safety and security industry, with a strong focus on sustainability. The company offers a range of products and services, including smoke and carbon monoxide detectors, fire alarms, and security systems.\n\nAICO's sustainability program is centered around their commitment to reducing their environmental impact and promoting social responsibility. This includes using sustainable materials in their products, implementing energy-efficient practices in their operations, and supporting local communities through various initiatives.\n\nThe company's key people include Managing Director, Neal Hooper, and Technical Manager, Michael Wright, who have a combined experience of over 50 years in the fire and security industry.\n\nAICO's website address is www.aico.co.uk, where customers can find information about their products and services, as well as their sustainability efforts. Their registered office address is Aico Ltd, Mile End Business Park, Maesbury Road, Oswestry, SY10 8NN, United Kingdom.\n\nIn conclusion, AICO is a reputable company in the fire safety and security industry, known for their commitment to sustainability and providing high-quality products and services. With their experienced team and strong focus on social responsibility, AICO continues to be a leader in the industry.

---

*Data sourced from official UK government payment practices reports. Last updated: 2022-07-18*