| 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 2019 - 31 Dec 2019 | 30 Jan 2020 | 26 | 70% | 29% | 1% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 26 | 67% | 32% | 1% | 29% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We endeavor 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
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.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MENZIES AVIATION (ASIG) LIMITED is a UK registered company, incorporated in 1984 and based in London. It previously traded as AIRCRAFT SERVICE LIMITED and later as ASIG LIMITED before adopting its current name in 2017, reflecting a change of ownership and branding under the Menzies Aviation group. Companies House records its nature of business under the SIC code for scheduled passenger air transport, placing it within the aviation sector. The company remains active, filing accounts and confirmation statements as required. No further detail on specific services, contracts or operational scope is provided in the available evidence beyond its registered classification and corporate history.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk