FRASERS GROUP FINANCIAL SERVICES LIMITED
Company Information
- Company Number
- 00718151
- Registered Address
- Express House Petre Road, Clayton Business Park, Accrington, Lancashire, United Kingdom, BB5 5JB
- Status
- Active
- Employee Count
- 423
- Turnover
- £111,889,000
- EBITDA
- £86,144,000
Additional Details
- Website
- https://www.studio.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 16 March 1962
- Nature of Business
- 47910 - Retail sale via mail order houses or via Internet
- Industries
- Commerce Models, Fashion
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time for FRASERS GROUP FINANCIAL SERVICES LIMITED is 36 days, with only 58% of invoices settled within 30 days. This indicates a consistent tendency for payments to extend beyond standard 30-day terms for a significant portion of transactions, with 32% falling into the 31-60 day range.
Volatility Analysis
A substantial 34% of payments are classified as late, introducing considerable unpredictability and cash flow risk for suppliers. The fact that 10% of payments extend beyond 60 days further highlights a notable risk of protracted delays on certain invoices.
Summary Analysis
Suppliers should anticipate an average payment cycle exceeding 30 days, coupled with a significant risk of late payments affecting over a third of their invoices. It is advisable to establish payment terms that account for this extended average and implement robust cash flow forecasting to mitigate potential disruptions. Consider negotiating early payment discounts or setting conservative credit limits.
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 |
|---|---|---|---|---|---|---|
| 28 Oct 2024 - 27 Apr 2025 | 27 May 2025 | 36 | 58% | 32% | 10% | 34% |
| 29 Apr 2024 - 27 Oct 2024 | 29 Nov 2024 | 37 | 57% | 34% | 8% | 31% |
| 30 Oct 2023 - 28 Apr 2024 | 31 May 2024 | 44 | 39% | 48% | 14% | 24% |
| 01 May 2023 - 29 Oct 2023 | 29 Nov 2023 | 45 | 39% | 48% | 13% | 27% |
| 24 Oct 2022 - 30 Apr 2023 | 30 May 2023 | 45 | 39% | 48% | 14% | 34% |
| 25 Apr 2022 - 23 Oct 2022 | 23 Nov 2022 | 45 | 40% | 46% | 14% | 36% |
| 27 Sept 2021 - 24 Apr 2022 | 18 May 2022 | 60 | 18% | 44% | 38% | 60% |
| 27 Mar 2021 - 24 Sept 2021 | 26 Oct 2021 | 47 | 31% | 56% | 13% | 31% |
| 26 Sept 2020 - 26 Mar 2021 | 23 Apr 2021 | 49 | 29% | 54% | 17% | 35% |
| 28 Mar 2020 - 25 Sept 2020 | 22 Oct 2020 | 53 | 23% | 53% | 24% | 48% |
| 28 Sept 2019 - 27 Mar 2020 | 24 Apr 2020 | 48 | 14% | 35% | 51% | 90% |
| 01 Apr 2019 - 27 Sept 2019 | 28 Oct 2019 | 65 | 10% | 34% | 56% | 95% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 59 | 2% | 30% | 68% | 95% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 65 | 2% | 23% | 75% | 99% |
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
The company has a range of payment terms with the majority being on 60 days. It is the company policy to pay all undisputed invoices in a timely manner, the majority are paid as close to the due date as possible. We are currently reviewing our payment processes with a view to improving the percentage of payments within the agreed 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
120
Dispute Resolution Process
We seek to resolve all queries as quickly as possible. Any payment disputes are dealt with by the Finance Department in the first instance. If the matter remains unresolved, it will be escalated to the relevant Head of Department to seek resolution.
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.
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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
FRASERS GROUP FINANCIAL SERVICES LIMITED is an active private limited company. Its name indicates its specialisation in providing financial services.
Registered as company number 00718151, the company was incorporated on 16 March 1962 and maintains an active status. Its registered office is at Express House Petre Road, Clayton Business Park, Accrington, Lancashire, United Kingdom, BB5 5JB, placing it in the North West of England.
Private limited companies operating within the UK's financial services sector characteristically provide a variety of offerings. These commonly extend to credit arrangements, payment processing, and other related financial products and solutions for their client base.
