CHC SCOTIA LIMITED
Company Information
- Company Number
- 00936569
- Registered Address
- C/O Cms Cameron Mckenna Nabarro Olswang Llp Cannon Place, 78 Cannon Street, London, United Kingdom, EC4N 6AF
- Status
- Active
- Employee Count
- 272
- Turnover
- £92,464,000
- EBITDA
- -£13,744,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 August 1968
- Nature of Business
- 51102 - Non-scheduled passenger air transport
- Industries
- Air Travel
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CHC SCOTIA LIMITED primarily settles invoices between 31 and 60 days, accounting for 49% of payments, with an average payment time of 44 days. While 30% of invoices are paid within 30 days, a notable 21% extend beyond 60 days. This indicates a consistent tendency towards payments in the mid-range to longer cycles for the majority of their obligations.
Volatility Analysis
The payment pattern shows some predictability, with 79% of invoices settled within 60 days and an average payment time of 44 days. However, the 21% of payments exceeding 60 days introduces a degree of variability in receiving funds within typical supplier terms. Despite this extended cycle for some invoices, the "Late: 0%" figure suggests CHC SCOTIA LIMITED consistently meets its contractual payment obligations, indicating reliability within agreed terms.
Summary Analysis
Based on the data, CHC SCOTIA LIMITED presents as a reliable payer, consistently meeting its contractual terms despite an average payment time of 44 days. Suppliers should anticipate payments generally falling in the 31-60 day range, with a significant minority extending beyond 60 days for up to 21% of invoices. To mitigate potential cash flow impact, it is advisable for suppliers to negotiate clear payment terms, potentially aligning with the 31-60 day window, and factor in longer payment cycles for a portion of their invoices.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Nov 2021 - 30 Apr 2022 | 17 May 2022 | 44 | 30% | 49% | 21% | 0% |
| 01 May 2021 - 31 Oct 2021 | 23 Nov 2021 | 43 | 34% | 53% | 13% | 0% |
| 01 Nov 2020 - 30 Apr 2021 | 25 May 2021 | 38 | 44% | 45% | 11% | 0% |
| 01 May 2020 - 31 Oct 2020 | 26 Nov 2020 | 39 | 42% | 49% | 9% | 0% |
| 01 Nov 2019 - 30 Apr 2020 | 25 May 2020 | 35 | 42% | 50% | 8% | 0% |
| 01 May 2019 - 31 Oct 2019 | 26 Nov 2019 | 35 | 59% | 35% | 6% | 0% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 36 | 70% | 26% | 4% | 0% |
| 01 May 2018 - 31 Oct 2018 | 27 Nov 2018 | 36 | 71% | 25% | 4% | 0% |
| 01 Nov 2017 - 30 Apr 2018 | 13 Jun 2018 | 36 | 72% | 23% | 5% | 0% |
| 01 May 2017 - 31 Oct 2017 | 20 Mar 2018 | 33 | 71% | 26% | 3% | 0% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days net
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Refer to senior management
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
CHC SCOTIA LIMITED is an active private limited company. This legal structure enables the organisation to conduct business operations in the United Kingdom.
The company was incorporated on 2 August 1968 under company number 00936569. Its registered office is C/O Cms Cameron Mckenna Nabarro Olswang Llp Cannon Place, 78 Cannon Street, London, United Kingdom, EC4N 6AF.
As a private limited company in the UK, it is typically structured to conduct various business operations. This type of organisation can engage in a broad spectrum of activities, including the provision of goods, professional services, or a combination thereof, catering to diverse markets and industries.
