AIR CHARTER SERVICE LIMITED
Company Information
- Company Number
- 02525806
- Registered Address
- Millbank House, 171-185 Ewell Road, Surbiton, Surrey, KT6 6AP
- Status
- Active
- Employee Count
- 191
- Turnover
- £51,246,000
- EBITDA
- £30,411,000
Additional Details
- Website
- https://aircharter.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 27 July 1990
- Nature of Business
- 51102 - Non-scheduled passenger air transport51210 - Freight air transport
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for AIR CHARTER SERVICE LIMITED to pay invoices has been fluctuating over the past three periods. It increased from 7 days in the first period to 15 days in the second period, but then decreased to 8 days in the third period. In the most recent period, it decreased further to 6 days.
Volatility Analysis
The volatility in the average time taken to pay invoices for AIR CHARTER SERVICE LIMITED has been relatively low, with only a 9 day difference between the highest and lowest average times.
Summary Analysis
From Feb 2021 to Jul 2021, AIR CHARTER SERVICE LIMITED had an average time of 10 days to pay invoices, with 92% of invoices paid within 30 days and 3% paid later than 60 days. This was an improvement from the previous period (Aug 2020 to Jan 2021) where the average time to pay was 15 days, with 89% of invoices paid within 30 days and 7% paid later than 60 days.
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 Feb 2023 - 31 Jul 2023 | 26 Sept 2023 | 3 | 97% | 2% | 1% | 8% |
| 01 Aug 2022 - 31 Jan 2023 | 26 Sept 2023 | 4 | 94% | 6% | 0% | 9% |
| 01 Feb 2022 - 31 Jul 2022 | 26 Sept 2023 | 3 | 97% | 3% | 0% | 7% |
| 01 Aug 2021 - 31 Jan 2022 | 24 Jun 2022 | 6 | 96% | 3% | 1% | 17% |
| 01 Feb 2021 - 31 Jul 2021 | 24 Jun 2022 | 10 | 92% | 5% | 3% | 15% |
| 01 Jul 2020 - 31 Jan 2021 | 19 Jul 2021 | 8 | 92% | 5% | 3% | 16% |
| 01 Feb 2020 - 31 Jul 2020 | 21 Oct 2020 | 15 | 90% | 3% | 7% | 28% |
| 01 Aug 2019 - 31 Jan 2020 | 13 Jun 2020 | 15 | 89% | 4% | 7% | 25% |
| 01 Feb 2019 - 31 Jul 2019 | 14 Oct 2019 | 8 | 96% | 3% | 1% | 30% |
| 01 Jul 2018 - 31 Jan 2019 | 01 Mar 2019 | 7 | 97% | 3% | 0% | 30% |
| 01 Feb 2018 - 31 Jul 2018 | 31 Aug 2018 | 7 | 96% | 3% | 1% | 25% |
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
Per contract
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes are aimed to be resolved amicably through skills and experience of our staff
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
AIR CHARTER SERVICE LIMITED is a leading aircraft charter company based in the United Kingdom. The company offers a variety of air charter services, including private jets, cargo flights, and group charters. They have a strong focus on sustainability and strive to minimize their environmental impact through various initiatives.
One of the main products of AIR CHARTER SERVICE LIMITED is their private jet charter service, which allows clients to travel in luxury and convenience. They also offer cargo flights for transporting goods and equipment, as well as group charters for events or corporate travel.
The company's sustainability program includes measures such as using more fuel-efficient aircraft, implementing waste reduction strategies, and promoting responsible travel practices to their clients. They also support various environmental and social causes, such as reforestation projects and community development programs.
AIR CHARTER SERVICE LIMITED has a team of experienced and knowledgeable professionals who are dedicated to providing top-notch services to their clients. Their key people include the CEO, Justin Bowman, and the Managing Director, Tony Bauckham.
For more information on AIR CHARTER SERVICE LIMITED and their services, you can visit their website at www.aircharterservice.com. Their registered office address is 17-18 Margaret Street, London, W1W 8RP, United Kingdom.
