EASYJET AIRLINE COMPANY LIMITED

PaymentCheck Score 2025
79Good
3.6vs last year
#1827 in UK
#109 in East of England

Company Information

Company Number
03034606
Registered Address
Hangar 89 London Luton Airport, Luton, Bedfordshire, LU2 9PF
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
17 March 1995
Nature of Business
51101 - Scheduled passenger air transport
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
31 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
69%
31-60 Days
27%
After 60 Days
4%
Not Paid Within Terms9%

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)

Company Review

Trend Analysis

EASYJET's average payment time is 31 days, with a strong 69% of invoices settled within 30 days, indicating a generally prompt payment speed. A consistent trend shows 27% of invoices are paid between 31 and 60 days, suggesting a portion often slightly exceeds standard 30-day terms. Only 4% of payments extend beyond 60 days, outlining a predictable, albeit slightly stretched, payment trajectory for a segment of transactions.

Volatility Analysis

The distribution of payments demonstrates reasonable reliability, with 96% of invoices settled within 60 days, offering a good level of predictability. However, the 27% falling into the 31-60 day window and a 9% late payment rate introduce some variability, meaning not all payments will be strictly prompt. This indicates a moderate level of consistency; suppliers should factor in the potential for payments to extend beyond immediate 30-day expectations, presenting a minor cash flow risk.

Summary Analysis

Overall, EASYJET exhibits generally acceptable payment behavior, with a clear majority of invoices settled within 60 days. Suppliers should consider that while most payments are timely, there's a 27% chance of payment extending to 31-60 days, which should factor into cash flow planning. To mitigate risk, suppliers could align payment terms to a 45-day expectation or have contingencies for the 9% late payment rate, ensuring stable financial operations.

Performance Reports History

Reporting Period Filed: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202529 Oct 20253370%26%4%9%
01 Oct 2024 - 31 Mar 202528 Apr 20253169%27%4%9%
01 Oct 2023 - 31 Mar 202422 Apr 20243463%32%5%10%
01 Apr 2023 - 30 Sept 202325 Oct 20233367%28%5%9%
01 Apr 2022 - 30 Sept 202225 Oct 20223366%29%6%12%
01 Apr 2021 - 30 Sept 202125 Oct 20214136%49%15%40%
01 Oct 2020 - 31 Mar 202128 Apr 20214239%45%16%39%
01 Apr 2019 - 30 Sept 201930 Oct 20193360%35%5%15%
01 Apr 2018 - 30 Sept 201830 Oct 20183063%34%3%13%

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

Our standard supplier terms are to pay supplier invoices within 60 days of easyJet having received the invoice, assuming that the goods or services have been delivered in accordance with the purchase order. However, different payment terms may be negotiated depending on the commercial situation on a case by case basis. easyJet has reduced standard payment terms of 30 days to suppliers who have a Group turnover of less than £1m to support cash flow for small companies. easyJet makes one payment run per week

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

60

Dispute Resolution Process

easyJet seeks to have open, constructive and effective relationships with all its suppliers as it believes they are integral to the Group's success. easyJet has an established supplier relationship management framework, which provides a toolkit and guidance for easyJet managers who lead relationships with easyJet key partners. easyJet will endeavour to resolve any disputes reasonably.

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

EASYJET AIRLINE COMPANY LIMITED is an active private limited company operating within the airline sector. Based on its name, the company provides airline services.

The company was incorporated on 17 March 1995, operating with company number 03034606. Its registered office is located at Hangar 89 London Luton Airport, Luton, Bedfordshire, LU2 9PF, situated in the East of England.

In the UK market, an airline company typically provides scheduled passenger transport, cargo operations, and associated flight services. Such companies facilitate domestic and international travel.

Financial Metrics

Cash
£1,300,000,000
Net Worth
-£2,300,000,000
Total Current Assets
£4,700,000,000
Total Current Liabilities
£9,600,000,000

Company Location