FORTEL SERVICES LIMITED
Company Information
- Company Number
- 03559714
- Registered Address
- 1 Diversity Drive, Walsall, England, WS2 8DS
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 May 1998
- Nature of Business
- 42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
FORTEL SERVICES LIMITED exhibits a consistent trend of extended payment cycles, with an average payment time of 57 days. A significant majority of payments (52%) fall between 31 and 60 days, and a substantial 35% extend beyond 60 days, indicating a deliberate preference for longer payment terms. Only 13% of invoices are settled within the standard 30-day period, reinforcing this extended payment trajectory.
Volatility Analysis
Payment reliability is moderate; while most payments are predictably extended, the 28% late payment rate introduces a notable element of unpredictability and risk. Suppliers should anticipate payments frequently exceeding 60 days, coupled with a significant chance that even these extended periods may not be met on time. This requires suppliers to actively manage expected payment dates to mitigate potential cash flow disruptions.
Summary Analysis
Suppliers should factor an average payment cycle of nearly two months (57 days) into their financial planning when engaging with FORTEL SERVICES LIMITED. Given the high percentage of payments over 60 days and the 28% late payment rate, this customer presents a moderate to high payment risk. Consider strategies such as negotiating stricter payment terms, requesting partial upfront payments, or implementing clear late payment clauses to protect cash flow.
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 Apr 2025 - 30 Sept 2025 | 10 Oct 2025 | 57 | 13% | 52% | 35% | 28% |
| 01 Oct 2024 - 31 Mar 2025 | 22 Apr 2025 | 68 | 8% | 54% | 38% | 24% |
| 01 Apr 2024 - 30 Sept 2024 | 13 Jan 2025 | 43 | 27% | 46% | 27% | 11% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 45 | 14% | 55% | 30% | 5% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 43 | 12% | 54% | 34% | 14% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 43 | 11% | 60% | 29% | 22% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 43 | 10% | 62% | 28% | 14% |
| 01 Oct 2021 - 31 Mar 2022 | 02 May 2022 | 45 | 10% | 51% | 39% | 26% |
| 01 Apr 2021 - 30 Sept 2021 | 10 Nov 2021 | 38 | 9% | 59% | 32% | 31% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 44 | 25% | 48% | 27% | 25% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 41 | 31% | 43% | 26% | 86% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 44 | 29% | 38% | 33% | 45% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 44 | 29% | 36% | 35% | 34% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 41 | 28% | 44% | 28% | 28% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 55 | 36% | 41% | 23% | 23% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 55 | 13% | 52% | 35% | 13% |
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
15 days following 2nd Month
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
75
Dispute Resolution Process
Invoices that are disputed are communicated to the supplier to resolve.
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
FORTEL SERVICES LIMITED is an active private limited company that operates within the services sector
Its name clearly indicates a focus on providing services
The company was incorporated on 7 May 1998, with company number 03559714
Its registered office is located at 1 Diversity Drive, Walsall, England, WS2 8DS, within the West Midlands region
As a private limited company operating within the services sector, organisations of this type typically specialise in providing intangible offerings
These can include expertise, labour, and solutions tailored to the needs of businesses and consumers across various industries
