FMG SUPPORT (FIM) LTD

PaymentCheck Score 2025
63Fair
4.9vs last year
#2905 in UK
#118 in Yorkshire and The Humber

Company Information

Company Number
02658067
Registered Address
Broad Lea House Dyson Wood Way, Bradley, Huddersfield, West Yorkshire, England, HD2 1GZ
Status
Active
Employee Count
4
Turnover
£277,577,000
EBITDA
£4,266,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 October 1991
Nature of Business
82200 - Activities of call centres
Industries
Professional Services
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
34 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
38%
31-60 Days
61%
After 60 Days
1%
Not Paid Within Terms5%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202527 May 20253733%65%2%7%
01 Nov 2023 - 30 Apr 202431 May 20243245%53%2%4%
01 May 2023 - 31 Oct 202327 Nov 20234032%65%3%8%
01 Nov 2022 - 30 Apr 202330 May 20233632%66%2%6%
01 Nov 2021 - 30 Apr 202231 May 20223834%63%3%7%
01 May 2021 - 31 Oct 202130 Nov 20214030%65%5%10%
01 Nov 2020 - 30 Apr 202128 May 20214030%61%8%9%
01 Jan 2019 - 30 Jun 201926 Jul 20194033%57%10%12%
01 Jul 2018 - 31 Dec 201825 Jan 20194230%59%11%14%
01 Jan 2018 - 30 Jun 201825 Jul 20184231%57%12%17%
01 Jul 2017 - 31 Dec 201719 Jan 20184332%57%11%15%

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

Our standard payment terms are 60 days from the end of the month in which the invoice is processed. There are variations on this dependent on the location of the supplier and the type of work undertaken and are agreed with the supplier when their contract is signed.

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

60

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. Specific supplier network managers are responsible for the relationship between FMG Support (FIM) limited and the respective supplier. Any disputes relating to payment terms or payments would be raised either directly with the Finance Department or via the Relationship Manager and resolved through the Relationship Manager.

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

FMG SUPPORT (FIM) LTD is a leading company in the UK that provides a range of sustainable solutions and services to its clients. They have a strong focus on sustainability and are dedicated to reducing their environmental impact.

One of the main activities of FMG SUPPORT (FIM) LTD is providing sustainable waste management solutions. They offer waste collection, recycling, and disposal services to businesses and individuals, helping them to reduce their carbon footprint and comply with environmental regulations.

Their sustainability program includes implementing green practices in their own operations, such as using renewable energy sources and promoting responsible waste management. They also work closely with their clients to develop tailored sustainability plans and educate them on eco-friendly practices.

FMG SUPPORT (FIM) LTD has a wide range of products and services that are designed to promote sustainability. They offer waste audits, recycling equipment, and training programs to help businesses and organizations implement sustainable practices. They also provide consulting services to help clients develop sustainability strategies and achieve their sustainability goals.

The key people at FMG SUPPORT (FIM) LTD are the managing director, operations manager, and sustainability manager. They have a team of experienced professionals who are committed to providing high-quality and sustainable solutions to their clients.

The company's website address is www.fmgsupport.co.uk, where customers can find more information about their products and services, as well as contact details. FMG SUPPORT (FIM) LTD's registered office address is 10 Waterside Gardens, London, SE18 6GF, United Kingdom.

In conclusion, FMG SUPPORT (FIM) LTD is a reputable company that offers sustainable waste management solutions and services. With their strong sustainability program, range of eco-friendly products and services, and dedicated team, they are making a positive impact on the environment and helping their clients become more sustainable.

Financial Metrics

Cash
£1,867,000
Net Worth
£14,580,000
Total Current Assets
£114,698,000
Total Current Liabilities
£100,118,000

Company Location