AIR CHARTER SERVICE GROUP LIMITED

PaymentCheck Score 2022
94Excellent
3.4vs last year
#496 in UK
#257 in London

Company Information

Company Number
04028491
Registered Address
Millbank House, 171-185 Ewell Road, Surbiton, Surrey, KT6 6AP
Status
Active
Employee Count
592
Turnover
£112,821,000
EBITDA
£29,047,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 July 2000
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
5 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
94%
31-60 Days
5%
After 60 Days
1%
Not Paid Within Terms8%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-09-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2021 - 31 Jan 202224 Jun 2022994%5%1%18%
01 Feb 2021 - 31 Jul 202124 Jun 20221685%9%6%24%
01 Aug 2020 - 31 Jan 202105 Aug 20211879%14%7%24%
01 Feb 2020 - 31 Jul 202021 Oct 20201986%10%6%24%
01 Jul 2019 - 31 Jul 201914 Oct 2019896%3%1%30%
01 Jul 2018 - 31 Jan 201901 Mar 2019796%3%1%28%

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

Per contract

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

30

Dispute Resolution Process

Disputes are aimed to be resolved amicably through skills and experience of our staff

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

AIR CHARTER SERVICE GROUP LIMITED is a global air charter company that provides private jet and cargo services. Headquartered in Surbiton, United Kingdom, the company was founded in 1990 and has since become one of the leading air charter providers in the world.

The company offers a range of services including private jet charters for business and leisure, air cargo charters for time-sensitive and oversized freight, and group charters for events and sports teams. They also offer aircraft sales and management services.

In terms of sustainability, AIR CHARTER SERVICE GROUP LIMITED has implemented various initiatives to reduce their carbon footprint and promote environmental responsibility. These include investing in fuel-efficient aircraft, using sustainable aviation fuel, and offsetting carbon emissions through partnerships with environmental organizations.

The key people in the company include Chairman and Founder, Chris Leach, CEO, Justin Bowman, and Managing Director, Richard Carrick. They lead a team of over 500 employees across their 25 offices worldwide.

To contact AIR CHARTER SERVICE GROUP LIMITED, individuals can visit their website at www.aircharterservice.com or reach out to their registered office at 1210 Parkview, Arlington Business Park, Theale, Reading, RG7 4TY, United Kingdom. With their commitment to sustainability and exceptional services, AIR CHARTER SERVICE GROUP LIMITED continues to be a top choice for private jet and air cargo charters.

Financial Metrics

Cash
£35,898,000
Net Worth
£16,667,000
Total Current Assets
£98,749,000
Total Current Liabilities
£85,594,000

Company Location