| 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 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 23 | 82% | 9% | 9% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 20 | 85% | 9% | 6% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payments terms are 30 days from invoice date. The exception to this is legislation contracts, staff benefits and direct debits which are either immediate or 14 day payment terms.
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
The supplier has the option to contact either the requisitioner directly or the Accounts Payable team, in the case of the latter the Accounts Payable team will raise the dispute with the requisitioner within 2 working days. The requisitioner will resolve the dispute directly with the supplier. Contact details for the Accounts Payable team are contained on the Purchase Order which is submitted to the supplier when the services / goods are approved for purchase. Disputes regarding contractual terms (including payment terms) are escalated from either the supplier or the accounts payable team to Group Procurement, who will resolve with reference to the agreed terms.
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
CHAPMAN FREEBORN AIRCHARTERING LIMITED is a leading global air charter broker, providing specialized air charter solutions to a wide range of clients. The company was founded in 1973 and is headquartered in Surrey, United Kingdom.
The main activities of CHAPMAN FREEBORN AIRCHARTERING LIMITED include arranging air transportation for cargo and passengers, handling aircraft charters for events, and providing emergency air services. They have a global network of over 30 offices, offering 24/7 support to their clients.
The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in greener technologies, such as more fuel-efficient aircraft, and have partnered with organizations to offset their carbon emissions. They also promote sustainable practices to their clients and suppliers.
CHAPMAN FREEBORN AIRCHARTERING LIMITED offers a wide range of products and services, including full charter solutions, cargo chartering, private jet and helicopter charter, and on-board courier services. They also have specialized divisions for sports and entertainment charters, humanitarian and relief flights, and oil and gas charters.
The key people at CHAPMAN FREEBORN AIRCHARTERING LIMITED include Russi Batliwala, the CEO, who has over 30 years of experience in the aviation industry, and Carol Norman, the COO, who has been with the company for over 25 years. They lead a team of experienced professionals who are dedicated to providing high-quality services to their clients.
The registered office address of CHAPMAN FREEBORN AIRCHARTERING LIMITED is 2 City Place, Beehive Ring Road, Gatwick, West Sussex, RH6 0PA, United Kingdom. Their website address is www.chapman-freeborn.com, where interested parties can find more information about their services and sustainability program. Overall, CHAPMAN FREEBORN AIRCHARTERING LIMITED is a reputable and sustainable company that continues to provide top-notch air charter solutions to their clients worldwide.