KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY (U.K.) LIMITED
Company Information
- Company Number
- 01744961
- Registered Address
- Duke's Court, Duke Street, Woking, Surrey, GU21 5BH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 August 1983
- Nature of Business
- 46711 - Wholesale of petroleum and petroleum products
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The company demonstrates a strong trend of prompt payments, with an average payment time of just 18 days. A significant 94% of invoices are consistently settled within 30 days, indicating very efficient and swift payment cycles. This establishes a highly favorable trajectory for suppliers expecting quick remuneration.
Volatility Analysis
Despite the overall promptness, a 17% late payment rate, with 2% extending beyond 60 days, introduces minor unpredictability for a small portion of transactions. While reliability is high for the majority of invoices, this small fraction of extended delays suggests a minimal, yet present, risk of occasional payment volatility. Suppliers should be aware of this minor chance of delayed settlement for certain invoices.
Summary Analysis
Overall, KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY presents a very low payment risk, with most payments being exceptionally fast. Suppliers can confidently expect prompt payment for the vast majority of transactions, but should factor in the small likelihood of some invoices (17%) being late, with a minimal chance of extending beyond 60 days. For mitigation, clear communication of payment terms and proactive follow-up for invoices approaching 30 days are advisable.
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 Apr 2025 - 30 Sept 2025 | 24 Oct 2025 | 18 | 94% | 4% | 2% | 17% |
| 01 Oct 2024 - 31 Mar 2025 | 25 Apr 2025 | 18 | 87% | 11% | 2% | 25% |
| 01 Apr 2024 - 30 Sept 2024 | 27 Nov 2024 | 16 | 88% | 11% | 1% | 23% |
| 01 Oct 2023 - 30 Apr 2024 | 30 Apr 2024 | 19 | 88% | 7% | 5% | 23% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 16 | 93% | 6% | 1% | 20% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 24 | 80% | 13% | 7% | 34% |
| 01 Apr 2022 - 30 Sept 2022 | 24 Oct 2022 | 18 | 89% | 9% | 2% | 33% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 20 | 85% | 14% | 1% | 32% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 17 | 94% | 6% | 0% | 21% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 16 | 94% | 5% | 1% | 15% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 20 | 90% | 6% | 4% | 22% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 17 | 91% | 6% | 3% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 16 | 93% | 4% | 3% | 13% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 15 | 97% | 2% | 1% | 20% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 20 | 87% | 11% | 2% | 23% |
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
Standard payment terms are the later of; 14 days from receipt of a supplier invoice, or the supplier invoice terms. This allows for us to maintain the process of invoice approval before payment. We carry out a weekly payment run.
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
37
Dispute Resolution Process
Any complaints or disputes relating to supplier invoices are initially raised with our Accounts Payable Department who will refer the invoice to the relevant individual responsible for invoice approval. If the issue is not resolved, it will be escalated to the Commercial Finance Manager and, if necessary, ultimately to the Finance Director for final resolution.
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
KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY (U.K.) LIMITED is an active private limited company
It specialises in the supply and distribution of petroleum products for the aviation sector within the UK
The company operates as an active entity, registered in the UK under company number 01744961
It was incorporated on 9 August 1983 and is based in the South East, with its registered office located at Duke's Court, Duke Street, Woking, Surrey, GU21 5BH
In the UK market, companies specialising in aviation petroleum typically provide comprehensive fuel solutions
These services include the procurement, storage, and logistical distribution of jet fuel to airlines and airport operators
