OFFSHORE HELICOPTER SERVICES UK LIMITED
Company Information
- Company Number
- 04278474
- Registered Address
- C/O Brodies Llp, 90 Bartholomew Close, London, United Kingdom, EC1A 7BN
- Status
- Active
- Employee Count
- 336
- Turnover
- £114,131,000
- EBITDA
- £4,687,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 August 2001
- Nature of Business
- 51102 - Non-scheduled passenger air transport
- Industries
- Air Travel
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
OFFSHORE HELICOPTER SERVICES UK LIMITED exhibits a strong trend of prompt payments, with an average payment time of 18 days. The consistency is high, as 81% of invoices are settled within 30 days, indicating a reliable and efficient payment trajectory for suppliers.
Volatility Analysis
While 81% of payments are within 30 days, the 12% late payment rate, specifically the 5% exceeding 60 days, indicates some volatility. This suggests a minor unpredictable element where a small proportion of invoices might face significant delays, slightly affecting overall reliability for suppliers.
Summary Analysis
OFFSHORE HELICOPTER SERVICES UK LIMITED generally presents a reliable payment profile, making it a favorable partner for suppliers. Suppliers should consider the high probability of prompt payment balanced against the small, albeit present, risk of a few payments extending beyond 60 days. A general recommendation for standard payment terms is appropriate, with a note to monitor for the occasional extreme delay.
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 2020 - 31 Mar 2021 | 04 May 2021 | 18 | 81% | 13% | 5% | 12% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 21 | 86% | 10% | 5% | 6% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 18 | 86% | 10% | 4% | 6% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 15 | 91% | 6% | 3% | 4% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 23 | 86% | 8% | 6% | 6% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 19 | 83% | 13% | 4% | 17% |
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
Varies per supplier
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
Complaints resolved by Accounts Payable department.
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.
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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?
❌
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
OFFSHORE HELICOPTER SERVICES UK LIMITED is an active private limited company that provides helicopter services, specifically for offshore operations, within the UK.
The company was incorporated on 29 August 2001 and operates under company number 04278474. Its registered office is located in London, United Kingdom, at C/O Brodies Llp, 90 Bartholomew Close, EC1A 7BN.
Companies specialising in offshore helicopter services typically provide aerial support for marine operations. This encompasses the transportation of personnel and equipment to offshore installations, alongside aerial surveillance and emergency response capabilities. Such services are crucial for various industries operating in the UK's marine environment.
