BA CITYFLYER LIMITED

PaymentCheck Score 2023
80Good
3.0vs last year
#1863 in UK
#809 in London

Company Information

Company Number
02571224
Registered Address
Waterside, Speedbird Way, Harmondsworth, United Kingdom, UB7 0GB
Status
Active
Employee Count
648
Turnover
£274,802,000
EBITDA
£38,336,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 January 1991
Nature of Business
51101 - Scheduled passenger air transport
Industries
Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
74%
31-60 Days
25%
After 60 Days
2%
Not Paid Within Terms24%

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: 2023-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202325 Jul 20232674%25%2%24%
01 Jul 2022 - 31 Dec 202213 Jul 20233072%27%2%28%
01 Jan 2022 - 30 Jun 202229 Jul 20222871%25%4%28%
01 Jul 2021 - 31 Dec 202131 Jan 20222281%18%1%25%
01 Jan 2021 - 30 Jun 202129 Jul 20214763%23%14%44%
01 Jul 2020 - 31 Dec 202029 Jan 20214670%18%12%46%
01 Jan 2020 - 30 Jun 202030 Jul 20203370%20%10%46%
01 Jul 2018 - 31 Dec 201818 Jan 20193857%35%8%49%
01 Jan 2018 - 30 Jun 201830 Jul 20184229%60%11%45%

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

30 days net monthly (payment at the end of the following month).

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

No information available

Any other information about payment terms

Payment terms are calculated based on invoice date, not receipt date.

Maximum contractual payment period agreed

120

Dispute Resolution Process

Invoice queries and disputes are handled by the BA CityFlyer Purchase Ledger team, Monday-Friday, via a central email inbox and via telephone calls.

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

BA CityFlyer Limited is a subsidiary of British Airways and operates as a regional airline, primarily serving destinations within Europe. The company is based in London, United Kingdom and has its registered office at Waterside, Harmondsworth, West Drayton, Middlesex, UB7 0GB.

As part of its sustainability program, BA CityFlyer has implemented various initiatives to reduce its environmental impact. This includes investing in more fuel-efficient aircraft, implementing sustainable waste management practices, and using sustainable aviation fuel. The company also offers customers the option to offset their carbon emissions through its partnership with the Carbon Emissions Fund.

BA CityFlyer offers a range of products and services to its customers, including both business and economy class options. It also offers a frequent flyer program, Executive Club, which allows members to earn and redeem points for flights, upgrades, and other benefits.

The key people at BA CityFlyer include Adam Carson as the Managing Director and Steve Cassidy as the Director of Operations. The company also has a team of experienced pilots, cabin crew, and ground staff who are dedicated to providing excellent service to its customers.

Customers can contact BA CityFlyer through its website, www.britishairways.com/en-gb/information/about-ba/cityflyer, where they can also find information on flight schedules, bookings, and other services. The website also provides information on the company's sustainability efforts and how customers can contribute to reducing their carbon footprint.

In summary, BA CityFlyer Limited is a regional airline that operates sustainably and offers a range of products and services to its customers. With a team of experienced professionals and a strong commitment to sustainability, the company continues to be a leading choice for regional travel within Europe.

Financial Metrics

Cash
£0
Net Worth
£44,172,000
Total Current Assets
£66,961,000
Total Current Liabilities
£46,145,000

Company Location