FIRSTPORT GROUP LIMITED

PaymentCheck Score 2023
20Very Poor
4.4vs last year
#5209 in UK
#270 in Professional Services
#874 in South East

Company Information

Company Number
04352396
Registered Address
Queensway House, 11 Queensway, New Milton, Hampshire, BH25 5NR
Status
Active
Employee Count
433
Turnover
£36,101,000
EBITDA
-£10,549,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 January 2002
Nature of Business
70100 - Activities of head offices
Industries
Professional Services,Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
76 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
14%
31-60 Days
42%
After 60 Days
44%
Not Paid Within Terms86%

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: 2023-07-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202305 Jul 20237614%42%44%86%
01 Jul 2022 - 31 Dec 202210 Jan 20238415%44%41%85%
01 Jan 2022 - 30 Jun 202207 Jul 20227813%45%42%42%
01 Jul 2021 - 31 Dec 202112 Jan 2022728%47%45%45%
01 Jan 2021 - 30 Jun 202112 Jul 2021857%43%50%50%

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

We operate standard payment terms of 30 days with small to medium enterprises and 60 days with large enterprises. Other payment terms have been agreed for bespoke contracts.

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

If a dispute arises between the parties, the parties will attempt, in good faith, to reach settlement as soon as possible between the FirstPort Contact and the Supplier Contact (who shall be authorised to settle such a dispute). This dispute resolution procedure will be followed prior to commencing any legal proceedings.

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

FIRSTPORT GROUP LIMITED is a leading property management company based in the UK. The company offers a wide range of services to the residential and commercial property sector, including property management, facilities management, and consultancy services.

Sustainability is at the core of FIRSTPORT's operations, and the company has a dedicated sustainability program in place. This includes initiatives to reduce energy consumption, promote recycling and waste reduction, and support sustainable living for residents in their managed properties.

The company's products and services are designed to provide efficient and effective management of properties, ensuring the well-being and satisfaction of both owners and residents. Their services include property maintenance, financial management, and health and safety compliance.

The key people at FIRSTPORT GROUP LIMITED include Chairman Peter Girling, CEO Nigel Howell, and CFO Philip Bushell. They are supported by a team of experienced and qualified professionals who are committed to delivering high-quality services to their clients.

For more information on FIRSTPORT GROUP LIMITED and their services, you can visit their website at www.firstport.co.uk. Their registered office address is 100 Leman Street, London, E1 8EU, United Kingdom.

Financial Metrics

Cash
£568,607
Net Worth
-£26,227,714
Total Current Assets
£53,891,725
Total Current Liabilities
£181,457,747

Company Location