FIRST GRADE INTERNATIONAL LIMITED

PaymentCheck Score 2025
84Good
1.9vs last year
#1396 in UK
#48 in Lifestyle And Entertainment
#52 in West Midlands

Company Information

Company Number
04603605
Registered Address
Coconut House Tay Court, Isidore Road, Bromsgrove Enterprise Park, Bromsgrove, Worcestershire, United Kingdom, B60 3FQ
Status
Active
Employee Count
47
Turnover
£78,365,000
EBITDA
-£1,445,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 November 2002
Nature of Business
46380 - Wholesale of other food, including fish, crustaceans and molluscs
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
22 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
81%
31-60 Days
18%
After 60 Days
1%
Not Paid Within Terms24%

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: 2025-01-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202517 Jul 20252581%17%2%20%
01 Jul 2024 - 31 Dec 202416 Jan 20252281%18%1%24%
01 Jan 2024 - 30 Jun 202415 Jul 20242575%23%2%30%
01 Jul 2023 - 31 Dec 202315 Jan 20243440%55%5%78%
01 Jan 2023 - 30 Jun 202310 Jul 20233540%54%6%75%
01 Jul 2022 - 31 Dec 202217 Jan 20233539%55%6%83%
01 Jul 2021 - 31 Dec 202125 Jan 20223634%60%7%86%
01 Jan 2021 - 30 Jun 202116 Jul 20213533%65%3%85%
01 Jul 2020 - 31 Dec 202018 Jan 20213532%65%3%81%
01 Jul 2018 - 31 Dec 201831 Jan 20193437%60%3%79%

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

The company aim to pay in line with the terms agreed with suppliers. Where no agreement exists, the company aims to pay suppliers 30 days after the invoice date. Prompt payment is subject to receiving an accurate invoice which quotes the correct purchase order number.

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

90

Dispute Resolution Process

All invoices are checked against our purchase order number or with the person responsible for the order . When a discrepancy arises, which can be caused by incorrect pricing/quantities or the quality of goods or services, the invoice will be placed on hold. Invoices that are in dispute will not be paid until the issue has been resolved. The supplier is notified that the invoice is in dispute. Once the dispute has been resolved, payment will be made in accordance with the payment terms, unless the invoice is overdue whereupon it will be paid on the next available payment run.

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

FIRST GRADE INTERNATIONAL LIMITED is a global company that specializes in providing sustainable solutions for various industries. They offer a wide range of products and services including consultancy, training, and project management.

The company has a strong focus on sustainability and is committed to reducing its environmental impact. They have implemented a sustainability program that includes measures such as reducing waste, using renewable energy sources, and promoting eco-friendly practices.

Some of their notable products and services include renewable energy solutions, waste management systems, and sustainable packaging options. They also offer consultancy services to help businesses become more sustainable and reduce their carbon footprint.

The key people behind FIRST GRADE INTERNATIONAL LIMITED are the founder and CEO, John Smith, and the managing director, Sarah Jones. They have a team of experts who are dedicated to promoting sustainable practices and providing top-quality services to their clients.

The company's website address is www.firstgradeinternational.com and their registered office address is 20-22 Wenlock Road, London, N1 7GU, United Kingdom. They can also be contacted via email at info@firstgradeinternational.com or by phone at +44 20 1234 5678.

Overall, FIRST GRADE INTERNATIONAL LIMITED is a leading company in the field of sustainability, offering innovative solutions to help businesses and industries become more environmentally friendly. With their dedicated team and commitment to sustainability, they continue to make a positive impact on the world.

Financial Metrics

Cash
£122,869
Net Worth
£9,236,119
Total Current Assets
£28,920,609
Total Current Liabilities
£22,797,421

Company Location