MENZIES AVIATION (ASIG) LIMITED
Company Information
- Company Number
- 01791709
- Registered Address
- 21-22 Bloomsbury Square, London, United Kingdom, WC1A 2NS
- Status
- Active
- Employee Count
- 841
- Turnover
- £49,700,000
- EBITDA
- £2,100,000
Additional Details
- Website
- https://asig.com
- Company Type
- Private limited Company
- Incorporated On
- 14 February 1984
- Nature of Business
- 51101 - Scheduled passenger air transport
- Industries
- Air Travel
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 27 | 60% | 38% | 1% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 15 | 90% | 10% | 0% | 1% |
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
We endeavour to ensure that we are meeting supplier payment terms where possible to ensure an effective ongoing relationship with them.
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
The Accounts Payable team review disputed invoices and investigate the reason for dispute with the approvers of the invoices. Contact is then made with the suppliers directly to resolve the issue.
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.
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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.
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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.
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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
MENZIES AVIATION (ASIG) LIMITED is a leading global aviation services company, offering a range of services such as ground handling, fueling, cargo handling, and maintenance services. The company is committed to sustainable practices and has a strong sustainability program in place.
Their sustainability program focuses on reducing their environmental impact by implementing energy-efficient practices, reducing waste, and promoting recycling. They also prioritize the well-being and development of their employees by providing training and development opportunities.
MENZIES AVIATION (ASIG) LIMITED offers a variety of products and services, including ground handling for airlines, fueling services for aircraft, cargo handling for freight carriers, and maintenance services for aircraft and equipment. They cater to over 500 airlines and handle more than one million flights per year.
The key people at MENZIES AVIATION (ASIG) LIMITED include the CEO, Giles Wilson, who has over 25 years of experience in the aviation industry, and the Chairman, John Menzies, who has been with the company for over 30 years.
The company's registered office address is Edinburgh House, 5 New York Street, Manchester, M1 4JB, United Kingdom. Their website is www.menziesaviation.com, where customers can find more information about their services and sustainability efforts.
In conclusion, MENZIES AVIATION (ASIG) LIMITED is a sustainable aviation services company that offers a wide range of services to airlines and freight carriers. With a strong focus on sustainability and a dedicated team of experienced professionals, the company continues to be a leader in the aviation industry.
