IAG CARGO LIMITED
Company Information
- Company Number
- 08075326
- Registered Address
- Carrus Cargo Centre Sealand Road, London Heathrow Airport, Hounslow, Middlesex, United Kingdom, TW6 2JS
- Status
- Active
- Employee Count
- 487
- Turnover
- £95,737,000
- EBITDA
- £5,289,000
Additional Details
- Website
- https://www.iagcargo.com/
- Company Type
- Private limited Company
- Incorporated On
- 18 May 2012
- Nature of Business
- 51210 - Freight air transport52242 - Cargo handling for air transport activities
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2022 - 31 Dec 2022 | 13 Jul 2023 | 28 | 69% | 26% | 5% | 49% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 24 | 74% | 21% | 5% | 46% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 21 | 78% | 17% | 5% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 43 | 63% | 23% | 15% | 58% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 51 | 61% | 20% | 19% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 58 | 54% | 21% | 25% | 62% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 35 | 66% | 26% | 8% | 65% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 30 | 70% | 23% | 7% | 55% |
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
Net monthly
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
120
Dispute Resolution Process
Disputes and all types of queries are handled by a dedicated Accounts Payables Helpdesk, Monday to Friday, via e-mail or phone.
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
IAG CARGO LIMITED is a leading cargo airline company based in the United Kingdom. The company is a subsidiary of International Airlines Group (IAG) and was formed in 2011 through the merger of British Airways World Cargo and Iberia Cargo.
The primary activity of IAG CARGO LIMITED is providing air cargo transportation services to over 350 destinations worldwide. They operate a fleet of over 130 aircrafts, including Boeing and Airbus models, and have a network of 13 cargo terminals across the globe.
IAG CARGO LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in fuel-efficient aircrafts and use advanced technology to reduce carbon emissions. The company also has a carbon offset program in place and encourages customers to choose sustainable options.
The company offers a range of products and services to meet the diverse needs of their customers. These include general cargo, temperature-controlled transportation, and special cargo such as live animals and dangerous goods. They also provide customized solutions for high-value and time-sensitive shipments.
The key people at IAG CARGO LIMITED include Lynne Embleton, the CEO, and David Shepherd, the Chief Commercial Officer. They lead a team of experienced professionals who are dedicated to providing efficient and reliable cargo services.
For more information on their products and services, customers can visit their website at www.iagcargo.com. The registered office address of IAG CARGO LIMITED is Waterside, PO Box 365, Harmondsworth, UB7 0GB, United Kingdom.
In conclusion, IAG CARGO LIMITED is a reputable cargo airline company that offers sustainable and high-quality services to its customers. With a strong focus on environmental responsibility and a wide range of products and services, the company continues to be a leader in the air cargo industry.
