EXETER AND DEVON AIRPORT LIMITED
Company Information
- Company Number
- 02148705
- Registered Address
- Airport House, Exeter Airport, Exeter, Devon, England, EX5 2BD
- Status
- Active
- Employee Count
- 280
- Turnover
- £21,169,000
- EBITDA
- £2,593,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 July 1987
- Nature of Business
- 52230 - Service activities incidental to air transportation
- Industries
- Air Travel, Transportation Infrastructure
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
EXETER AND DEVON AIRPORT LIMITED demonstrates a consistent payment trend with an average of 32 days, indicating a moderate but reliable payment speed. While 46% of invoices are settled within 30 days, a slightly larger portion (51%) consistently falls into the 31-60 day window, suggesting a clear trajectory towards payment within two months.
Volatility Analysis
The company exhibits extremely low volatility and high reliability regarding ultimate payment, with a 0% late payment record and only 3% of payments exceeding 60 days. However, the near even split between payments within 30 days and those between 31-60 days introduces some unpredictability for short-term cash flow forecasting for a supplier.
Summary Analysis
Overall, EXETER AND DEVON AIRPORT LIMITED represents a low payment risk due to its 0% late payment rate and high likelihood of payment within 60 days. Suppliers should anticipate an average payment time of 32 days, with a significant chance of settlement occurring in the 31-60 day range, and plan their own cash flow with this potential interval in mind.
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 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 32 | 46% | 51% | 3% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 22 Apr 2021 | 33 | 49% | 48% | 3% | 0% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 46 | 31% | 41% | 28% | 0% |
| 01 Oct 2019 - 31 Mar 2020 | 18 May 2020 | 35 | 49% | 44% | 8% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 31 | 52% | 46% | 2% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 22 | 67% | 32% | 1% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Nov 2018 | 19 | 72% | 27% | 1% | 0% |
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
No changes to the standard payment terms in the reporting period. We will send notifications by mail or email to suppliers if there is any change or there might be a change in the future.
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
60
Dispute Resolution Process
Accounts payable in Finance department should be contacted for any dispute regarding payments. Email: finance@exeter-airport.co.uk We aim to look into any dispute within 2 days of receiving notice and contact the supplier stating a resolution if required.
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.
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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?
❌
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
EXETER AND DEVON AIRPORT LIMITED is an active private limited company. Its name indicates its primary business involves the operation and management of an airport facility within the Exeter and Devon region.
The company was incorporated on 20 July 1987 and is registered with company number 02148705. It is located in the South West of England, with its registered office situated at Airport House, Exeter Airport, Exeter, Devon, England, EX5 2BD.
Typically, an airport operator in the UK provides a comprehensive range of services. These include the management of runways, terminals, and air traffic control infrastructure, alongside offering facilities for passenger services, retail, and ground handling for aircraft and airlines.
