Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
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.
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.
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.
| 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 Oct 2025 - 31 Mar 2026 | 06 May 2026 | 30 | 64% | 26% | 10% | 87% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 30 | 68% | 23% | 9% | 0% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 30 | 66% | 26% | 8% | 9% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Apr 2025 | 30 | 63% | 32% | 5% | 16% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 30 | 64% | 28% | 8% | 11% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 30 | 75% | 21% | 4% | 8% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 30 | 75% | 20% | 5% | 13% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 30 | 61% | 26% | 13% | 13% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 30 | 63% | 23% | 14% | 14% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 30 | 75% | 15% | 10% | 10% |
| 01 Apr 2020 - 30 Sept 2020 | 10 Nov 2020 | 30 | 76% | 18% | 6% | 10% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 30 | 65% | 30% | 5% | 0% |
| 01 Mar 2018 - 31 Mar 2019 | 25 Apr 2019 | 30 | 70% | 25% | 5% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 06 Nov 2018 | 30 | 70% | 25% | 5% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
NA
Maximum contractual payment period agreed
60
NA
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
Firstsource Solutions UK Limited is the UK operating entity within the Firstsource group, part of the RP-Sanjiv Goenka Group. The wider group designs, builds and runs outsourced business operations for industries including banking, healthcare, communications, media and utilities, covering customer experience, collections, back office processing, technology services and data services. Companies House records describe its activities as call centre operations, credit bureau activities and other business support services. The group states it has operated for over 25 years, serves clients including several FTSE 100 companies, and includes UK-facing brands such as PastDue Credit Solutions and Firstsource Advantage, which provide debt collection and reconnection services regulated by the Financial Conduct Authority.
Generated from the company's website and Companies House records. Sources: firstsource.com · firstsource.com