NEWCASTLE INTERNATIONAL AIRPORT LIMITED
Company Information
- Company Number
- 02077766
- Registered Address
- Woolsington, Newcastle Upon Tyne, NE13 8BZ
- Status
- Active
- Employee Count
- 0
- Turnover
- £53,358,000
- EBITDA
- £25,855,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 November 1986
- Nature of Business
- 51101 - Scheduled passenger air transport
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 42 | 62% | 24% | 14% | 23% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 42 | 62% | 21% | 17% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 50 | 43% | 34% | 23% | 33% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 41 | 56% | 28% | 16% | 26% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 39 | 63% | 22% | 15% | 23% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 51 | 41% | 35% | 24% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 35 | 46% | 48% | 6% | 16% |
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
The majority of payment terms are agreed in individual contracts with suppliers, for those not separately agreed standard payment terms are 45 days. This also represents the maximum contractual payment period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The standard terms and conditions of purchase including payment terms are published on the Airport's website.
Maximum contractual payment period agreed
45
Dispute Resolution Process
The accounts payable team is the first point of contact to resolve queries with suppliers. Any discrepancies identified on receipt of invoice are followed up with the service requisitioner and supplier to ensure prompt resolution of any disputes.
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
Newcastle International Airport Limited (NIAL) is the primary airport serving the North East of England. It is owned by seven local authorities and is managed by a Board of Directors.
NIAL offers a wide range of services including passenger and cargo flights, as well as general aviation and business aviation services. The airport also has a variety of retail and dining options for travelers.
NIAL has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. This includes investing in energy-efficient infrastructure, promoting sustainable travel options, and implementing waste reduction and recycling programs.
The airport also offers a variety of products and services to enhance the passenger experience, such as fast-track security, airport lounges, and car rental services.
Key people at NIAL include the Chief Executive Officer, Nick Jones, and the Chairman, David Laws. The Board of Directors is made up of representatives from the seven local authorities who own the airport.
The contact information for NIAL is as follows:
Website address: https://www.newcastleairport.com/ Registered office address: Woolsington, Newcastle upon Tyne, NE13 8BZ Telephone number: +44 (0)191 286 0966 Email: enquiry@newcastleinternational.co.uk
