KLM UK ENGINEERING LIMITED

PaymentCheck Score 2025
49Poor
#3693 in UK
#41 in Air Travel
#255 in East of England

Company Information

Company Number
02513110
Registered Address
Liberator Road, Norwich Airport, Norwich, Norfolk, NR6 6ER
Status
Active
Employee Count
451
Turnover
£50,201,000
EBITDA
£4,164,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 June 1990
Nature of Business
52230 - Service activities incidental to air transportation
Industries
Air Travel, Supply Chain, Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
32 days
Shortest Period:5 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
30%
31-60 Days
70%
After 60 Days
0%
Not Paid Within Terms86%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20253232%67%1%83%
01 Jul 2023 - 31 Dec 202331 Jan 20243235%64%1%84%
01 Jan 2023 - 30 Jun 202326 Jul 20233045%54%1%85%

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

Standard payments in 30 days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Two payment runs are made on the 1st working day of the month and in the middle of the month

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any dispute on a qualifying contract will be dealt with by the responsible Director

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

KLM UK ENGINEERING LIMITED is a leading aircraft maintenance and engineering company based in the United Kingdom. They provide a wide range of services to the aerospace industry, including maintenance, repair, and overhaul of aircraft components and engines.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. These include using eco-friendly materials and processes, reducing energy consumption, and promoting recycling and waste management practices.

KLM UK ENGINEERING LIMITED offers a range of services, including line maintenance, base maintenance, and engine services for a variety of aircraft models. They also specialize in composite and structural repairs, as well as avionics and electrical systems maintenance.

The key people in the company include the Managing Director, Peter Hollingsworth, and the Head of Engineering, Ian Bartholomew. They lead a team of highly skilled engineers and technicians who ensure the highest quality standards in all their services.

For more information on their services and sustainability program, interested parties can visit their website at www.klmukengineering.com. The company's registered office address is at Norwich International Airport, Norwich, NR6 6JT, United Kingdom.

In summary, KLM UK ENGINEERING LIMITED is a reputable and sustainable aircraft maintenance and engineering company, with a wide range of services and a committed team of professionals. Their dedication to sustainability sets them apart in the industry, making them a top choice for clients in the UK and beyond.

Financial Metrics

Cash
£89,000
Net Worth
£69,000
Total Current Assets
£8,202,000
Total Current Liabilities
£10,711,000

Company Location