Their own payment-practices filing · gov.uk
London City Airport Limited paid suppliers in 36 days on average — within its stated 14–60 day terms
Their H1 2024 filing put the average 22 days past the shortest term they state (14 days), still within their 60-day upper term.
- Their stated terms
- 14–60 days
- Paid outside agreed terms
- 33% of invoices
- Paid after 61+ days
- 9%
- Reporting period
- 1 Jan 2024 – 30 Jun 2024
- Source
- their gov.uk filing, filed 12 Jul 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2024 filing
Paid within their stated range — 36 against 14–60 days
Where their invoices landed · share of all invoices
The pattern · last 6 of 13 reports
23 → 36 days — slower across the window
The read · computed from their figures
London City Airport Limited's H1 2024 filing put their average at 36 days against stated terms of 14–60 days; 33% of invoices were paid outside agreed terms and 9% took 61 days or longer. Filed 12 Jul 2024.
The direction is slower: from 23 days in H2 2021 to 36 now — 13 days slower across their last 6 reports.
That is 13 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
45 days
Dispute resolution
The main point of contact for disputes is the Accounts Payable Supervisor. When an invoice is disputed, for example the PO is different to the amount on the invoice, the Accounts Payable Supervisor will contact the relevant department that raised the PO/ approved the invoice to query the difference. It is up to the relevant department to contact the supplier if the invoice is incorrect or different to what is expected. LCY follows a strictly no PO no pay policy. The PO number is communicated by the relevant department at the time of placing the order.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2024 | 36 | 33% | 9% | 12 Jul 2024 |
| H2 2023 | 34 | 29% | 8% | 16 Jan 2024 |
| H1 2023 | 35 | 30% | 8% | 19 Jul 2023 |
| H2 2022 | 33 | 0% | 5% | 18 Jan 2023 |
| H1 2022 | 31 | 24% | 5% | 26 Aug 2022 |
| H2 2021 | 23 | 32% | 10% | 2 Feb 2022 |
| H1 2021 | 25 | 41% | 15% | 21 Jul 2021 |
| H2 2020 | 32 | 48% | 17% | 10 Feb 2021 |
| H1 2020 | 34 | 51% | 18% | 10 Feb 2021 |
| H2 2019 | 41 | 54% | 24% | 31 Jan 2020 |
| H1 2019 | 38 | 60% | 15% | 23 Jul 2019 |
| H2 2018 | 42 | 40% | 19% | 25 Jan 2019 |
| H1 2018 | 40 | 43% | 18% | 17 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 22 Nov 1985
- Registered office
- LONDON CITY AIRPORT, ROYAL DOCKS, E16 2PB
Illustrative · working-capital arithmetic
What a 36-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 36-day vs a 14-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.
Quick answers · London City Airport Limited
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-01963361 · latest period to 30 Jun 2024
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