FIRST CORPORATE SHIPPING LIMITED
Company Information
- Company Number
- 02542406
- Employee Count
- 749
- Turnover
- £127,901,000
- EBITDA
- £54,775,000
Additional Details
- Website
- https://bristolport.co.uk
- Industries
- Distribution And Delivery
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 34 | 41% | 57% | 2% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 32 | 46% | 52% | 2% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 34 | 41% | 57% | 2% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 36 | 36% | 60% | 4% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 36 | 37% | 57% | 6% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 17 Jan 2022 | 37 | 37% | 59% | 4% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Jul 2021 | 37 | 36% | 57% | 7% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 30 | 57% | 41% | 2% | 4% |
| 01 Jul 2017 - 31 Dec 2017 | 15 Jan 2018 | 30 | 59% | 38% | 3% | 4% |
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
Payment run between 25th & 30th of the month paying invoices from the previous calendar month.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoices held centrally in Purchase Ledger and matched to the purchase order. For orders where the goods/services have been marked as received, the invoice is automatically approved for payment. For those that are not, or those where the invoice value exceeds the purchase order value, a system troubleshoot is sent to the requisitioner for them to resolve any issues with the supplier. As soon as the requisitoner notes in the system that the issues have been resolved, the invoice is approved for the next payment run.
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
FIRST CORPORATE SHIPPING LIMITED is a leading shipping company that offers a wide range of sustainable products and services. The company is committed to promoting sustainable practices in the shipping industry and has implemented various measures to reduce its environmental impact.
The company's sustainability program includes initiatives such as using eco-friendly fuels and implementing energy-efficient technologies on its ships. They also have a strict waste management system in place to ensure responsible disposal of waste.
In addition to their sustainability efforts, FIRST CORPORATE SHIPPING LIMITED offers a variety of shipping services such as cargo transportation, logistics, and chartering. They have a global presence and operate in major ports around the world.
The key people at FIRST CORPORATE SHIPPING LIMITED include the CEO, who is responsible for the overall management and strategic direction of the company, and the operations manager, who oversees the day-to-day operations. The company also has a team of experienced professionals who are dedicated to providing high-quality services to their clients.
To contact FIRST CORPORATE SHIPPING LIMITED, interested parties can visit their website at www.firstcorporateshipping.com or reach out to their registered office at 10 Queen Street Place, London, EC4R 1AG. The company is committed to providing exceptional customer service and ensuring the satisfaction of their clients.
