ABERDEEN INTERNATIONAL AIRPORT LIMITED

Company Information

Company Number
SC096622
Registered Address
Aberdeen Airport, Dyce, Aberdeen, AB21 7DU
Status
Active
Employee Count
59
Turnover
£46,284,000
EBITDA
£4,566,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 January 1986
Nature of Business
51101 - Scheduled passenger air transport
Industries
Travel And Transportation
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
82%
31-60 Days
17%
After 60 Days
1%
Not Paid Within Terms35%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201927 Jan 20202382%17%1%35%
01 Jan 2019 - 30 Jun 201925 Jul 20192479%20%1%33%
01 Jul 2018 - 31 Dec 201829 Jan 20192667%32%1%40%
01 Jan 2018 - 30 Jun 201830 Jul 20182752%47%1%85%

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

Standard payments terms are 30 days from invoice date. The exception to this is legislation contracts, staff benefits and direct debits which are either immediate or 14 day payment terms.

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

The supplier has the option to contact either the requisitioner directly or the Accounts Payable team, in the case of the latter the Accounts Payable team will raise the dispute with the requisitioner within 2 working days. The requisitioner will resolve the dispute directly with the supplier. Contact details for the Accounts Payable team are contained on the Purchase Order which is submitted to the supplier when the services / goods are approved for purchase. Disputes regarding contractual terms (including payment terms) are escalated from either the supplier or the accounts payable team to Group Procurement, who will resolve with reference to the agreed terms.

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

Aberdeen International Airport Limited is a company that owns and operates Aberdeen International Airport, the third-largest airport in Scotland. The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.

Their sustainability program includes measures such as reducing carbon emissions, implementing energy-efficient practices, and promoting sustainable transportation options for passengers and employees. They also have a waste management program in place to minimize the amount of waste produced and increase recycling efforts.

As for products and services, Aberdeen International Airport offers a range of facilities and amenities for travelers, including shops, restaurants, and lounges. They also provide a variety of parking options and have a dedicated team to assist passengers with special needs.

The key people in the company include the managing director, Steve Szalay, and the chairman, Sir Peter Mason. They are supported by a team of experienced professionals who are responsible for the day-to-day operations of the airport.

For contact information, their website address is www.aberdeenairport.com, where customers can find information about flight schedules, services, and facilities. The registered office address for Aberdeen International Airport Limited is at Dyce, Aberdeen, AB21 7DU, United Kingdom.

In conclusion, Aberdeen International Airport Limited is a company that is committed to sustainability and providing a range of services and facilities for travelers. With a dedicated team and a focus on environmental responsibility, the company strives to create a positive experience for all passengers using their airport.

Financial Metrics

Cash
£0
Net Worth
£148,242,000
Total Current Assets
£27,756,000
Total Current Liabilities
£23,650,000

Company Location