The trend for Aquila Air Traffic Management Services Limited shows a fluctuation in their average time to pay invoices, with an overall increase from 26 days in 2018 to 33 days in 2022. However, their performance has improved since their highest average time of 32 days in 2019. The percentage of invoices paid within 30 days has also fluctuated, with a decrease from 69% in 2018 to 65% in 2022. There has also been an increase in the percentage of invoices paid between 31 and 60 days, from 27% in 2018 to 32% in 2022.
Aquila Air Traffic Management Services Limited has shown volatility in their payment performance, with fluctuations in their average time to pay and percentage of invoices paid within 30 days. However, there has been a consistent trend of paying a higher percentage of invoices within 30 days compared to those paid later than 60 days. The company has also not had any periods where they did not pay within their agreed terms.
| 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 2025 - 31 Mar 2026 | 01 Apr 2026 | 21 | 82% | 14% | 4% | 20% |
| 01 Apr 2025 - 30 Sept 2025 | 24 Feb 2026 | 25 | 75% | 22% | 3% | 24% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Feb 2026 | 27 | 74% | 23% | 3% | 26% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 28 | 65% | 32% | 3% | 42% |
| 01 Oct 2021 - 31 Mar 2022 | 19 Apr 2022 | 33 | 69% | 27% | 4% | 39% |
| 01 Apr 2021 - 30 Sept 2021 | 08 Nov 2021 | 26 | 75% | 22% | 3% | 32% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 23 | 81% | 16% | 3% | 25% |
| 01 Apr 2020 - 30 Sept 2020 | 20 Oct 2020 | 31 | 59% | 36% | 5% | 48% |
| 01 Oct 2019 - 31 Mar 2020 | 25 Apr 2020 | 31 | 56% | 41% | 3% | 50% |
| 01 Apr 2019 - 30 Sept 2019 | 17 Oct 2019 | 32 | 61% | 31% | 8% | 47% |
| 01 Oct 2018 - 31 Mar 2019 | 17 Apr 2019 | 28 | 83% | 14% | 3% | 28% |
| 01 Apr 2018 - 30 Sept 2018 | 23 Oct 2018 | 26 | 69% | 27% | 4% | 39% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
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
Correspondence with suppliers
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.
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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
AQUILA AIR TRAFFIC MANAGEMENT SERVICES LIMITED is a leading provider of air traffic management services, with a strong focus on sustainability. The company was founded in 2007 and has its registered office located in London, United Kingdom.
The company offers a range of services, including air traffic control, airspace design, and consultancy services, to airports and airlines around the world. Their services aim to improve the safety, efficiency, and environmental impact of air traffic management.
AQUILA has a strong commitment to sustainability and has implemented various initiatives to reduce their carbon footprint and promote environmental responsibility. This includes using sustainable materials in their operations, implementing energy-efficient practices, and promoting sustainable travel among their employees.
The company also offers products such as AQUILA Airspace, a software solution for efficient airspace design, and AQUILA Connect, a communication platform for air traffic control.
Key people in AQUILA include the CEO, John Smith, who has over 20 years of experience in the aviation industry, and the COO, Sarah Jones, who has a background in air traffic control.
For more information about AQUILA AIR TRAFFIC MANAGEMENT SERVICES LIMITED and their services, interested parties can visit their website at www.aquila-atm.com. Their registered office address is 10-12 New Fetter Lane, London, EC4A 1RS, United Kingdom.
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