| 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 2018 - 31 Dec 2018 | 19 Feb 2019 | 11 | 99% | 1% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payments are made twice monthly. Due to TAG Farnborough Airports support of local suppliers we aim to make all payments as promptly as possible.
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
30
A dedicated accounts email and contact person is available for all invoices, statements and queries. Any discrepancies or disputes are escalated to senior staff or management as required.
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.
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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.
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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
TAG Farnborough Airport Limited is a private airport located in Farnborough, Hampshire, UK. It is managed and operated by TAG Aviation and is primarily used for business and private aviation.
The airport offers a range of services, including private jet charter, aircraft management, maintenance, and handling. It also has a state-of-the-art terminal and facilities for passengers and crew, such as lounges, conference rooms, and a restaurant.
In terms of sustainability, TAG Farnborough Airport Limited is committed to reducing its environmental impact. It has implemented various initiatives, such as using renewable energy sources, reducing carbon emissions, and managing waste effectively. The airport also encourages its tenants and partners to adopt sustainable practices.
The key people at TAG Farnborough Airport Limited include Brandon O'Reilly, the CEO, and Gareth Rogers, the Managing Director. They are supported by a team of experienced professionals who ensure the smooth operation of the airport.
For more information on the airport and its services, you can visit their website at www.tagfarnborough.com. The registered office address is Farnborough Airport, Farnborough, Hampshire, GU14 6XA, UK.
In conclusion, TAG Farnborough Airport Limited is a leading private airport in the UK, providing high-quality services and a commitment to sustainability. With its experienced team and state-of-the-art facilities, it continues to be a top choice for business and private aviation.