FIRSTSOURCE SOLUTIONS UK LIMITED

PaymentCheck Score 2025
79Good
3.5vs last year
#2027 in UK
#864 in London

Company Information

Company Number
03999896
Registered Address
Space One, 1 Beadon Road, London, W6 0EA
Status
Active
Employee Count
4,502
Turnover
£198,276,000
EBITDA
£12,664,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 May 2000
Nature of Business
82200 - Activities of call centres
82912 - Activities of credit bureaus
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services, Software
Region
London

Time to Pay

Average Time to Pay
30 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
64%
31-60 Days
28%
After 60 Days
8%
Not Paid Within Terms11%

Payment Features

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

Payment Score History

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

Company Review

Trend Analysis

The average time to pay for FIRSTSOURCE SOLUTIONS UK LIMITED has remained consistent at 30 days over the past 5 periods. However, there has been a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days in the most recent period.

Volatility Analysis

The volatility in the average time to pay for FIRSTSOURCE SOLUTIONS UK LIMITED has been minimal, with only a 1 day difference between the shortest (or only) standard payment period of 30 days.

Summary Analysis

In the past three periods, there have been no major changes in the average time to pay for FIRSTSOURCE SOLUTIONS UK LIMITED. However, there has been a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days in the most recent period.

Performance Reports History

Reporting Period Filed: 2023-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253068%23%9%0%
01 Oct 2024 - 31 Mar 202530 Apr 20253066%26%8%9%
01 Apr 2024 - 30 Sept 202430 Apr 20253063%32%5%16%
01 Apr 2023 - 30 Sept 202330 Oct 20233064%28%8%11%
01 Oct 2022 - 31 Mar 202328 Apr 20233075%21%4%8%
01 Apr 2022 - 30 Sept 202231 Oct 20223075%20%5%13%
01 Oct 2021 - 31 Mar 202228 Apr 20223061%26%13%13%
01 Apr 2021 - 30 Sept 202128 Oct 20213063%23%14%14%
01 Oct 2020 - 31 Mar 202130 Apr 20213075%15%10%10%
01 Apr 2020 - 30 Sept 202010 Nov 20203076%18%6%10%
01 Apr 2019 - 30 Sept 201931 Oct 20193065%30%5%0%
01 Mar 2018 - 31 Mar 201925 Apr 20193070%25%5%0%
01 Apr 2018 - 30 Sept 201806 Nov 20183070%25%5%0%

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

30

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

NA

Maximum contractual payment period agreed

30

Dispute Resolution Process

NA

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

FIRSTSOURCE SOLUTIONS UK LIMITED is a leading provider of business process management services, headquartered in London, United Kingdom. The company offers a wide range of services including customer management, data management, and finance and accounting services.

As part of their sustainability program, FIRSTSOURCE SOLUTIONS UK LIMITED is committed to reducing their carbon footprint and promoting environmental sustainability. They have implemented various initiatives such as energy-efficient practices, waste reduction, and responsible sourcing to achieve their sustainability goals.

Their products and services are designed to help businesses improve their operational efficiency and customer experience. They use advanced technology and data analytics to provide customized solutions that meet the specific needs of their clients.

The key people at FIRSTSOURCE SOLUTIONS UK LIMITED include Chief Executive Officer, Rajesh Subramaniam, and Chief Financial Officer, Saurabh Dubey. They have a team of experienced professionals who are experts in their respective fields and work towards delivering high-quality services to their clients.

If you wish to contact FIRSTSOURCE SOLUTIONS UK LIMITED, you can visit their website at www.firstsource.com or reach out to their registered office at 60 Gresham Street, London EC2V 7BB, United Kingdom. Their customer service team is available to assist with any inquiries or concerns. Overall, FIRSTSOURCE SOLUTIONS UK LIMITED is a trusted and reliable partner for businesses looking to streamline their processes and enhance their customer experience.

Financial Metrics

Cash
£202,785
Net Worth
£42,062,186
Total Current Assets
£40,596,508
Total Current Liabilities
£74,317,860

Company Location