From 2018 to 2022, there has been a consistent trend of OVERSEAS AIR TRAVEL LIMITED taking longer to pay invoices to their suppliers. This is shown by the increasing average time to pay and the decreasing percentage of invoices paid within 30 days. Additionally, the percentage of invoices paid later than 60 days has also been increasing over time.
There is a relatively low level of volatility in the data for OVERSEAS AIR TRAVEL LIMITED. The average time to pay and the percentage of invoices paid within 30 days have remained relatively stable over time. However, there has been some volatility in the percentage of invoices paid between 31 and 60 days and the percentage of invoices paid later than 60 days, with some fluctuations seen in these measures over the years.
For OVERSEAS AIR TRAVEL LIMITED, there has been a steady increase in the average time to pay invoices to suppliers from 2018 to 2022. The company's best performance in terms of paying invoices on time was in the first half of 2018, where 100% of invoices were paid within 30 days. However, there has been a gradual decline since then, with only 80% of invoices being paid within 30 days in the second half of 2022.
| 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 Jul 2022 - 31 Dec 2022 | 13 Jul 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
Overseas Air Travel Limited is a UK-registered company classified under travel agency activities. It was incorporated in November 1995 and remains active. Its registered office is at Waterside, Speedbird Way, Harmondsworth, the same site used as the headquarters of British Airways, indicating it operates as part of that airline group rather than as an independent travel agency. No further detail on its specific trading activities, such as ticketing, holiday packages or corporate travel management, is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: britishairways.com