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Their own payment-practices filing · gov.uk

How long does Titan Airways Limited take to pay its suppliers?

CRN 02212225 · Transport & storage · 12 statutory reports on record · period to 31 Mar 2026

29days
their reported average time to pay suppliers, latest period
Slower than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
20 Jan 1988
Registered office
ENDEAVOUR HOUSE COOPERS END ROAD, STANSTED, CM24 1SJ
3 outstanding charges — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–60 days. Reported average: 29.

Stated terms0–60d
+29 days
Reported avg29d

At a glance

The key figures

0–60d
their stated terms
45%
invoices paid outside terms
±3d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 69% of the 248 large companies reporting in transport & storage.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

28
30
26
32
28
29
H2 2021H2 2023H1 2024H2 2024H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 70% 31–60 days 24% 61+ days 6%

The read · computed from their figures

Titan Airways Limited has filed 12 statutory payment periods (earliest H2 2018). Their latest report puts the average at 29 days against stated terms of 0–60 days.

The pattern is steady — their reported average moves within about ±3 days period to period.

In the latest period 45% of invoices were paid outside their agreed terms, and 6% landed 61+ days out.

What they tell their suppliers

28% of invoices in dispute

In their own words · from the filing

Standard payment terms

Titan Airways standard payment terms are 30 days but these may be negotiated on a per account basis dependent on varying factors. We seek to complete one BACS run per week, and complete ad-hoc payments to cover proforma invoices received

Dispute resolution

Any disputes with suppliers are initially raised by the approver of the invoice and these are managed by our Accounts Payable team. Disputes are regularly monitored and escalated to management if required.

Other information

Specific payment terms for aircraft fuel - 10 days

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20262945%6%23 Jun 2026
H2 20252835%5%22 Dec 2025
H2 20243243%5%28 Nov 2024
H1 20242636%4%29 May 2024
H2 20233024%5%11 Jan 2024
H2 20212834%5%12 Nov 2021
H1 20213343%9%1 Jul 2021
H2 2020302%10%9 Nov 2020
H1 20202826%8%9 Nov 2020
H2 20193028%7%31 Oct 2019
H1 20193025%6%29 Apr 2019
H2 20183652%9%30 Oct 2018

Working-capital effect

What a 29-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 29-day vs a 0-day payment cycle.

≈ £11,500
of invoicing outstanding at any one time on a 29-day cycle — about £11,400 more than the same account would carry at 0-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act 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

Are they getting slower or faster?
Their reported average is steady — within about ±3 days period to period, around 29 days.
What's their typical pay point?
Their latest reports average around day 29, moving within about ±3 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Titan Airways Limited (free)

Their next payment report is due ≈ 27 Oct 2026. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-02212225 · latest period to 31 Mar 2026

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