| 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 2019 - 31 Dec 2019 | 30 Jan 2020 | 24 | 74% | 26% | 1% | 38% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 23 | 80% | 18% | 2% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 26 | 73% | 23% | 4% | 48% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 36 | 58% | 17% | 24% | 44% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We endeavour to ensure that we are meeting supplier payment terms where possible to ensure an effective ongoing relationship with them.
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
45
The Accounts Payable team review disputed invoices and investigate the reason for dispute with the approvers of the invoices. Contact is then made with the suppliers directly to resolve the issue.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Menzies Aviation (UK) Limited is registered at the London address given as the registered office for Menzies Aviation on the group's own site, indicating it is a UK entity within the wider Menzies Aviation group. The group provides aviation ground handling, air cargo, fuelling and executive aviation services at airports worldwide, tracing its origins to 1833 and operating across around 350 locations in more than 65 countries. Core services described include ground services, cargo handling, fuel services and executive and offline services for airline customers. As the UK-registered company within this global group, its own trading activity is time-critical logistics support to airlines and airports rather than any separate consumer-facing business.
Generated from the company's website and Companies House records. Sources: menziesaviation.com · menziesaviation.com · menziesaviation.com