FIRST TRAVEL SOLUTIONS LIMITED
Company Information
- Company Number
- 01966624
- Registered Address
- Unit 5 Petre Court, Petre Road Clayton Business Park, Clayton Le Moors, Accrington, United Kingdom, BB5 5HY
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 November 1985
- Nature of Business
- 49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
FIRST TRAVEL SOLUTIONS LIMITED demonstrates a strong positive trend in payment speed, averaging just 11 days per invoice. A significant 97% of payments are consistently settled within 30 days, indicating highly prompt remittance practices. The exceptionally low 3% late payment rate further reinforces a reliable and predictable payment trajectory for suppliers.
Volatility Analysis
The company exhibits very low payment volatility, with only 3% of invoices being paid late. While 2% fall into the 31-60 day bracket and 1% exceed 60 days, these are isolated instances indicating minimal disruption. Overall, suppliers can expect high predictability and reliability in their payment schedule, with negligible unexpected delays.
Summary Analysis
Based on their consistently strong payment performance, FIRST TRAVEL SOLUTIONS LIMITED is assessed as a low-risk client for suppliers. Key decision factors include their impressive average 11-day payment and 97% on-time rate, making them a highly desirable partner for stable cash flow. No specific risk mitigation strategies beyond standard contractual terms are recommended due to their exceptional payment behavior.
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 |
|---|---|---|---|---|---|---|
| 30 Mar 2025 - 29 Sept 2025 | 22 Oct 2025 | 11 | 96% | 3% | 1% | 3% |
| 30 Sept 2024 - 29 Mar 2025 | 25 Apr 2025 | 11 | 97% | 2% | 1% | 3% |
| 26 Sept 2023 - 30 Mar 2024 | 15 Apr 2024 | 20 | 94% | 3% | 3% | 5% |
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’s standard payment terms are 60 days from date of valid invoice. It is the Group’s policy to agree appropriate payment terms for each transaction or series of transactions, and to abide by those terms on the submission of a valid invoice. The Company regularly agrees variations to the standard terms with individual suppliers depending on the nature of the goods/services and other circumstances.
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
90
Dispute Resolution Process
The Company is committed to dealing with suppliers in a fair, consistent and transparent manner. We seek to resolve any invoice queries as quickly as possible between the Accounts Payable team and the relevant supplier. If a dispute cannot be resolved it is escalated to the relevant Head of Department and Procurement.
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.
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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.
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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?
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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
FIRST TRAVEL SOLUTIONS LIMITED is an active private limited company. Its primary business, as indicated by its name, involves providing travel solutions.
Incorporated on 28 November 1985, the company operates from its registered office at Unit 5 Petre Court, Petre Road Clayton Business Park, Clayton Le Moors, Accrington, BB5 5HY. This location is within the North West of the United Kingdom, and the company's registration number is 01966624.
As a provider of travel solutions, companies of this nature typically offer a comprehensive suite of services in the UK market. These often include managing business travel, coordinating corporate transport, arranging group itineraries, and providing bespoke travel planning for a diverse client base.
