MENZIES AVIATION (UK) LIMITED

Company Information

Company Number
03985080
Registered Address
21-22 Bloomsbury Square, London, United Kingdom, WC1A 2NS
Status
Active
Employee Count
3,635
Turnover
£184,300,000
EBITDA
£3,300,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 April 2000
Nature of Business
52230 - Service activities incidental to air transportation
Industries
Air Travel
Region
London

Time to Pay

Average Time to Pay
24 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
74%
31-60 Days
26%
After 60 Days
1%
Not Paid Within Terms38%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-01-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201829 Jan 20192673%23%4%48%
01 Jan 2018 - 30 Jun 201826 Jul 20183658%17%24%44%

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

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

Dispute Resolution Process

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.

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

MENZIES AVIATION (UK) LIMITED is a leading aviation services provider in the United Kingdom. They offer a range of ground handling, cargo handling, and passenger services to airlines and airports.

Their sustainability program is focused on reducing their environmental impact through initiatives such as energy efficiency, waste reduction, and carbon footprint reduction. They also prioritize the well-being and development of their employees through training and diversity programs.

MENZIES AVIATION (UK) LIMITED offers a wide range of products and services to their clients, including baggage handling, aircraft loading, and cargo handling. They also provide passenger assistance services, such as check-in and boarding, as well as lounge management and retail services.

The company is led by a team of experienced and dedicated professionals, including the CEO, Giles Wilson, who has over 30 years of experience in the aviation industry. They are committed to delivering high-quality and efficient services to their clients.

For more information, the company's website is www.menziesaviation.com and their registered office address is at Edinburgh Airport, 1st Floor, Turnhouse Road, Edinburgh, EH12 9DN. MENZIES AVIATION (UK) LIMITED is dedicated to providing sustainable and reliable aviation services while prioritizing the well-being of their employees and the environment.

Financial Metrics

Cash
£100,000
Net Worth
-£59,900,000
Total Current Assets
£33,500,000
Total Current Liabilities
£104,200,000

Company Location