Industry ranking
| 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 2022 - 30 Jun 2022 | 01 Aug 2022 | 79 | 54% | 29% | 17% | 39% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 43 | 48% | 41% | 11% | 49% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 36 | 55% | 35% | 10% | 43% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 40 | 47% | 39% | 13% | 55% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 34 | 64% | 31% | 5% | 38% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 33 | 62% | 32% | 6% | 41% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 33 | 69% | 25% | 6% | 56% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment term used is 30 days.
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
Disputes are first reported to the AP team and then escalated to higher management.
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.
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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
Signature Flight Support London Luton Limited is a private limited company registered at Terminal 1, London Luton Airport, and incorporated in 1988. It has traded under several names since incorporation, including Plainspace Limited, Magec Aviation Limited and Lynton Aviation Limited, before adopting its current name. Companies House classifies its business activity under SIC code 51102, non-scheduled passenger air transport, indicating involvement in aviation services rather than scheduled airline operations. The company remains active, based at Luton Airport, and its registered filings show ongoing officer appointments and standard company administration. No further detail on specific services or client base is available from the supplied evidence, though its registration and SIC classification place it within the air travel sector.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk