HARRODS AVIATION LIMITED
Company Information
- Company Number
- 02043317
- Registered Address
- 87-135 Brompton Road, Knightsbridge, London, SW1X 7XL
- Status
- Active
- Employee Count
- 256
- Turnover
- £82,712,000
- EBITDA
- £11,224,000
Additional Details
- Website
- https://harrodsaviation.com/
- Company Type
- Private limited Company
- Incorporated On
- 4 August 1986
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for HARRODS AVIATION LIMITED shows a consistent trend of decreasing average time to pay invoices over the past three periods. The company has also shown a steady increase in the percentage of invoices paid within 30 days, with a slight decrease in the percentage of invoices paid between 31 and 60 days. The percentage of invoices paid later than 60 days has remained consistently low at 1%.
Volatility Analysis
There is minimal volatility in the data for HARRODS AVIATION LIMITED. The average time to pay invoices has remained relatively stable, with a slight decrease over the past three periods. The percentage of invoices paid within 30 days has also shown minimal fluctuations, with a steady increase over the past three periods. The percentage of invoices paid between 31 and 60 days has shown a slight decrease, while the percentage of invoices paid later than 60 days has remained consistently low.
Summary Analysis
From February 2023 to July 2024, HARRODS AVIATION LIMITED has shown a consistent trend of decreasing average time to pay invoices, with a current average of 9 days. The company has also consistently improved their payment efficiency, with 98% of invoices being paid within 30 days and only 1% of invoices being paid later than 60 days. The best period for the company was from February 2022 to July 2023, where 98% of invoices were paid within 30 days and the average time to pay was only 9 days. The worst period for the company was from February 2018 to July 2018, where only 83% of invoices were paid within 30 days and the average time to pay was 19 days.
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 Feb 2025 - 31 Jul 2025 | 01 Sept 2025 | 11 | 97% | 2% | 1% | 13% |
| 01 Aug 2023 - 31 Jan 2024 | 21 Feb 2024 | 11 | 97% | 3% | 0% | 18% |
| 01 Feb 2023 - 31 Jul 2023 | 09 Aug 2023 | 10 | 97% | 2% | 1% | 17% |
| 01 Aug 2022 - 31 Jan 2023 | 13 Mar 2023 | 10 | 98% | 2% | 1% | 15% |
| 01 Feb 2022 - 31 Jul 2022 | 10 Aug 2022 | 9 | 98% | 1% | 1% | 11% |
| 01 Aug 2021 - 31 Jan 2022 | 14 Feb 2022 | 10 | 98% | 2% | 0% | 16% |
| 31 Jan 2021 - 31 Jul 2021 | 10 Aug 2021 | 11 | 97% | 2% | 1% | 14% |
| 02 Aug 2020 - 30 Jan 2021 | 23 Feb 2021 | 11 | 96% | 3% | 1% | 16% |
| 02 Feb 2020 - 01 Aug 2020 | 24 Aug 2020 | 12 | 93% | 6% | 1% | 22% |
| 04 Aug 2019 - 01 Feb 2020 | 28 Feb 2020 | 9 | 96% | 4% | 1% | 12% |
| 03 Feb 2019 - 03 Aug 2019 | 23 Aug 2019 | 11 | 96% | 3% | 1% | 16% |
| 05 Aug 2018 - 02 Feb 2019 | 28 Feb 2019 | 17 | 89% | 10% | 1% | 16% |
| 04 Feb 2018 - 04 Aug 2018 | 11 Sept 2018 | 19 | 83% | 16% | 1% | 21% |
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
Harrods Aviation's standard payment terms are 30 days. Airport fees and fuel contracts are subject to 14 day payment terms.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Harrods Aviation seeks to have a productive relationship with their suppliers. Should a dispute arise, their desire is to resolve matters by promptly addressing and discussing the issues. Harrods Aviation endeavours to resolve disputes reasonably and fairly.
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
HARRODS AVIATION LIMITED is a leading provider of private aviation services based in the United Kingdom. The company offers a range of services including aircraft management, charter, maintenance, and handling services.
One of the key focuses of HARRODS AVIATION LIMITED is sustainability. The company has implemented various initiatives to reduce their carbon footprint and promote environmental responsibility. This includes investing in eco-friendly ground equipment, using sustainable aviation fuel, and implementing waste reduction strategies.
In terms of products and services, HARRODS AVIATION LIMITED offers a comprehensive range of services for private aircraft owners and operators. This includes aircraft management services that handle all aspects of aircraft ownership, from crew management to maintenance and scheduling. The company also offers charter services, allowing customers to book private flights to their desired destinations. Additionally, HARRODS AVIATION LIMITED provides maintenance services for both fixed-wing and rotary-wing aircraft, as well as handling services for private flights at various airports in the UK.
The key people at HARRODS AVIATION LIMITED include the Managing Director, Simon Newton-Smith, and the Operations Director, Peter Williams. Both have extensive experience in the aviation industry and are committed to providing top-quality service to their customers.
For more information or to contact HARRODS AVIATION LIMITED, their website is www.harrodsaviation.com. Their registered office address is 560-566 London Road, Isleworth, Middlesex, TW7 4EP, United Kingdom.
