NORWICH AIRPORT LIMITED
Company Information
- Company Number
- 02078773
- Registered Address
- Norwich Airport, Norwich, NR6 6JA
- Status
- Active
- Employee Count
- 231
- Turnover
- £24,299,000
- EBITDA
- £6,125,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 November 1986
- Nature of Business
- 52230 - Service activities incidental to air transportation
- Industries
- Air Travel, Transportation Infrastructure
- Region
- East of England
Company Review
Trend Analysis
The data for Norwich Airport Limited shows a consistent decrease in the average time taken to pay invoices. From April 2018 to September 2020, the time taken to pay has decreased from 36 days to an undetermined number in March 2020. Additionally, there has been an overall improvement in the percentage of invoices paid within 30 days, increasing from 32% in April 2018 to 53% in September 2019. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, from 63% in April 2018 to 44% in September 2019.
Volatility Analysis
The data for Norwich Airport Limited shows a consistent decrease in the average time taken to pay invoices. However, there is a slight increase in the percentage of invoices paid between 31 and 60 days in September 2019 compared to April 2018. This suggests a slight increase in volatility in payment times during this period.
Summary Analysis
From the available data, it is clear that Norwich Airport Limited has made significant improvements in their payment times. The average time taken to pay invoices has decreased from 36 days in April 2018 to 28 days in September 2019. This is a decrease of 22.2% over the three periods. Additionally, there has been an improvement in the percentage of invoices paid within 30 days, increasing from 32% to 53% over the same period.
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 Oct 2019 - 31 Mar 2020 | 05 May 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 22 Nov 2019 | 28 | 53% | 44% | 3% | 47% |
| 01 Oct 2018 - 31 Mar 2019 | 24 Apr 2019 | 32 | 49% | 47% | 4% | 51% |
| 01 Apr 2018 - 30 Sept 2018 | 21 Nov 2018 | 36 | 32% | 63% | 5% | 68% |
Payment Time Trends
Payment Distribution Trends
Company Summary
Norwich Airport Limited is a UK-based company that operates and manages the Norwich International Airport. The company's main focus is to provide safe and efficient air travel services to its customers while also promoting sustainability and minimizing its impact on the environment.
The company is committed to promoting sustainable practices in its operations and has implemented various initiatives to reduce its carbon footprint. This includes investing in energy-efficient infrastructure, promoting the use of electric vehicles, and implementing recycling and waste reduction programs.
In terms of products and services, Norwich Airport Limited offers a range of domestic and international flights to various destinations, including popular holiday destinations in Europe. They also provide a variety of services such as car parking, airport lounges, and retail and dining options for travelers.
The key people at Norwich Airport Limited include its managing director, Richard Pace, and its chairman, David Harrison. The company's registered office address is at Amsterdam Way, Norwich NR6 6JA, and their website is www.norwichairport.co.uk.
In conclusion, Norwich Airport Limited is a leading airport operator in the UK that is committed to providing sustainable and efficient air travel services. With its focus on sustainability and a range of products and services, the company continues to be a top choice for travelers in the region.
