BABCOCK AIRPORTS LIMITED
Company Information
- Company Number
- 03954520
- Registered Address
- 33 Wigmore Street, London, W1U 1QX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 March 2000
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time for BABCOCK AIRPORTS LIMITED is 38 days, with 63% of invoices paid within 30 days, indicating a primary tendency towards timely settlements. However, a significant 37% of payments are consistently late, with 10% extending beyond 60 days, suggesting a persistent segment of slower-paying invoices rather than a uniform trend.
Volatility Analysis
The 37% late payment rate, including 10% paid beyond 60 days, introduces considerable variability and unpredictability in actual payment receipt dates for a substantial portion of invoices. This inconsistency presents a measurable risk to a supplier's cash flow forecasting and operational planning, making payment reliability an area of concern.
Summary Analysis
While 63% of invoices are paid promptly, the substantial 37% late payment rate, including 10% exceeding 60 days, categorizes BABCOCK AIRPORTS LIMITED as a moderate payment risk for suppliers. Suppliers should incorporate potential payment delays into their cash flow projections and consider strategies such as establishing clear payment milestones or negotiating stricter payment terms to mitigate financial exposure.
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 Oct 2021 - 31 Mar 2022 | 30 Apr 2022 | 38 | 63% | 27% | 10% | 37% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 37 | 72% | 25% | 3% | 35% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 35 | 61% | 34% | 5% | 42% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 30 | 65% | 28% | 7% | 36% |
| 01 Oct 2019 - 31 Mar 2020 | 23 Apr 2020 | 36 | 66% | 31% | 3% | 30% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Oct 2019 | 32 | 62% | 32% | 6% | 32% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 44 | 52% | 28% | 20% | 43% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 43 | 38% | 39% | 23% | 52% |
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
standard payment terms are 30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
Suppliers would initially contact the person that placed the order to resolve any disputes. Suppliers also have the facility to engage with the Accounts Payable team who will investigate the dispute and advise accordingly. If the issue is not resolved satisfactorily, the supplier may opt to engage with the Procurement function (in particular if the issue affects the on-going relationship with the supplier) who will seek to address the matter as part of Supplier Relationship Management actions.
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
BABCOCK AIRPORTS LIMITED is an active private limited company operating within the airports sector.
Incorporated on 23 March 2000, the company is registered under company number 03954520. Its registered office is located at 33 Wigmore Street, London, W1U 1QX.
Companies operating within the UK airports sector typically specialise in providing a broad array of services. These commonly encompass airport infrastructure management, ground handling operations, air traffic control support, and aviation logistics.
