Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 83.3/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 20 Jan 2026 | 22 | 74% | 24% | 2% | 21% |
| 01 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 25 | 81% | 17% | 2% | 20% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 22 | 81% | 18% | 1% | 24% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Jul 2024 | 25 | 75% | 23% | 2% | 30% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Jan 2024 | 34 | 40% | 55% | 5% | 78% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 35 | 40% | 54% | 6% | 75% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 35 | 39% | 55% | 6% | 83% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 35 | 39% | 56% | 5% | 86% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 36 | 34% | 60% | 7% | 86% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 35 | 33% | 65% | 3% | 85% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 35 | 32% | 65% | 3% | 81% |
| 01 Jan 2020 - 30 Jun 2020 | 10 Jul 2020 | 34 | 36% | 60% | 4% | 82% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Jan 2020 | 34 | 37% | 60% | 3% | 80% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Sept 2019 | 35 | 33% | 64% | 3% | 77% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 34 | 37% | 60% | 3% | 79% |
This information is as reported by the business, and responses are in their own words.
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
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.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
First Grade International Limited, trading as First Grade International, supplies coconut-based ingredients such as desiccated coconut, coconut milk, creamed coconut and coconut oil, alongside dried fruit, nuts, cocoa, chocolate and plant-based dairy alternatives. It sources these raw food ingredients from growers and producers worldwide and distributes them to food, drink and cosmetic manufacturers across the UK and internationally, supplying over 30 countries. The company holds accreditations including BRCGS Agents and Brokers Standard, Soil Association approval and membership of the Nut and Dried Fruit Trade Association. Originally specialising in coconut products since its 2003 launch, it has since expanded its ingredient range while continuing to act as a wholesale supplier rather than a manufacturer of finished consumer goods.
Generated from the company's website and Companies House records. Sources: fg-int.co.uk · fg-int.co.uk