HEATHROW AIRPORT LIMITED

PaymentCheck Score 2025
90Excellent
#892 in UK
#77 in Professional Services
#416 in London

Company Information

Company Number
01991017
Registered Address
The Compass Centre, Nelson Road, Hounslow, Middlesex, TW6 2GW
Status
Active
Employee Count
5,936
Turnover
£2,838,000,000
EBITDA
£1,541,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 February 1986
Nature of Business
51101 - Scheduled passenger air transport
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
97%
31-60 Days
2%
After 60 Days
1%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-08-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20252892%8%0%8%
01 Jul 2023 - 31 Dec 202301 Feb 20242793%6%1%7%
01 Jan 2023 - 30 Jun 202303 Jul 20232794%5%1%6%
01 Jan 2022 - 30 Jun 202218 Jul 20222694%5%1%6%
01 Jul 2021 - 31 Dec 202128 Jan 20222884%14%3%17%
01 Jul 2020 - 31 Dec 202022 Jan 20212392%5%3%8%
01 Jan 2020 - 30 Jun 202027 Jul 20202292%7%1%7%
01 Jul 2019 - 31 Dec 201929 Jan 20202295%4%1%6%
01 Jan 2019 - 30 Jun 201929 Jul 20192394%4%2%8%
01 Jul 2018 - 31 Dec 201805 Feb 20192194%5%1%6%
01 Jan 2018 - 30 Jun 201830 Jul 20182194%4%2%6%

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

Company policy is to pay suppliers within the agreed credit terms of 30 days from the date of the invoice. We will only accept an invoice for processing once it fulfills the criteria required as stated within our contractual terms and conditions

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Any disputes are settled between the owner and requestor of the purchase order, the accounts payable team and supplier, and then if necessary with the procurement manager

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

Heathrow Airport Limited is a British airport company that operates Heathrow Airport, the busiest airport in the United Kingdom. The company is responsible for the management, operation, and development of the airport, as well as ensuring the safety and security of its passengers and staff.

One of the key focuses of Heathrow Airport Limited is sustainability. The company has a comprehensive sustainability program in place, with a goal to become a zero-carbon airport by 2050. The program includes initiatives such as reducing carbon emissions, promoting sustainable transport options, and implementing energy-efficient practices.

In terms of products and services, Heathrow Airport Limited offers a range of facilities and amenities for passengers, including duty-free shopping, restaurants, and lounges. The airport also provides a variety of transportation options, including trains, buses, and taxis, to help passengers reach their destinations.

The key people at Heathrow Airport Limited include its CEO, John Holland-Kaye, and its Chairman, Lord Deighton. They lead a team of over 76,000 employees who work to ensure the smooth and safe operation of the airport.

For more information on Heathrow Airport Limited and its services, you can visit their website at www.heathrow.com. Their registered office address is Heathrow Airport Limited, The Compass Centre, Nelson Road, Hounslow, Middlesex, TW6 2GW, United Kingdom.

Financial Metrics

Cash
£272,000,000
Net Worth
£196,000,000
Total Current Assets
£2,435,000,000
Total Current Liabilities
£2,015,000,000

Company Location