ASCENT FLIGHT TRAINING (MANAGEMENT) LIMITED

PaymentCheck Score 2025
91Excellent
1.6vs last year
#822 in UK
#32 in Travel And Transportation
#392 in London

Company Information

Company Number
06522636
Registered Address
C/o Babcock International Group Plc, 33 Wigmore Street, London, W1U 1QX
Status
Active
Employee Count
399
Turnover
£170,623,000
EBITDA
£16,027,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 March 2008
Nature of Business
84220 - Defence activities
Industries
Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
15 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
96%
31-60 Days
3%
After 60 Days
1%
Not Paid Within Terms4%

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: 2024-10-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20251988%9%3%12%
01 Oct 2023 - 31 Mar 202429 Apr 20241890%7%3%10%
01 Apr 2023 - 30 Sept 202330 Oct 20231794%3%3%6%
01 Oct 2022 - 31 Mar 202328 Apr 20231993%4%3%7%
01 Apr 2022 - 30 Sept 202231 Oct 20221893%4%3%0%
01 Apr 2021 - 30 Sept 202129 Oct 20212384%11%5%1%
01 Oct 2020 - 31 Mar 202129 Apr 20212686%9%5%14%
01 Apr 2019 - 30 Sept 201929 Oct 20191987%11%2%13%
01 Apr 2018 - 30 Sept 201829 Oct 20182676%22%2%24%

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 aim to pay all invoices within 30 days of receipt of the invoice.

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 relatively few however where they occur the invoice is placed on hold until the dispute is resolved. We attempt to do this within the 30 days where possible.

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

ASCENT FLIGHT TRAINING (MANAGEMENT) LIMITED is a UK-based company that specializes in providing flight training and management services. The company was founded in 2010 and has since become one of the leading flight training providers in the country.

The company offers a wide range of flight training programs, including private and commercial pilot training, as well as specialized courses such as instrument rating and multi-engine training. They also provide aircraft management services for private and commercial aircraft owners.

ASCENT FLIGHT TRAINING is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in modern, fuel-efficient aircraft and have implemented recycling and waste reduction programs in their facilities.

The company is led by a team of experienced aviation professionals, including its Managing Director, Captain Paul Jardine. They also have a team of highly trained flight instructors who provide personalized and comprehensive training to their students.

For those interested in learning to fly or advancing their aviation career, ASCENT FLIGHT TRAINING can be contacted through their website at www.ascentflighttraining.com. Their registered office address is located in Nottingham, UK. Overall, ASCENT FLIGHT TRAINING (MANAGEMENT) LIMITED is a reputable and sustainable company that provides top-notch flight training and management services in the UK.

Financial Metrics

Cash
£35,168,000
Net Worth
£7,136,000
Total Current Assets
£70,179,000
Total Current Liabilities
£66,774,000

Company Location