FIRST COMPLETE LIMITED
Company Information
- Company Number
- 05416236
- Registered Address
- First Floor, Victoria House Hampshire Court, East Newcastle Business Park, Scotswood Road, Newcastle Upon Tyne, England, NE4 7YJ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 6 April 2005
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
FIRST COMPLETE LIMITED generally exhibits a prompt payment trend, with an average payment time of 21 days and 73% of invoices settled within 30 days. However, a notable 28% of payments are late, including 22% falling into the 31-60 day range and 6% extending beyond 60 days, indicating a segment of inconsistent payment behavior.
Volatility Analysis
The 28% late payment rate, with 6% consistently exceeding 60 days, introduces a moderate level of payment unpredictability for suppliers. While most transactions are timely, the persistent late payments suggest a risk of delayed cash flow for a significant portion of invoices, impacting reliability.
Summary Analysis
FIRST COMPLETE LIMITED presents a mixed risk profile; while the majority of payments are swift, the 28% late rate warrants careful consideration for supplier decision-making. Suppliers should account for potential delays and consider implementing proactive credit management or flexible payment terms to mitigate cash flow exposure.
Performance Reports History
| 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 2024 - 30 Jan 2025 | 30 Jan 2025 | 19 | 77% | 18% | 5% | 19% |
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 frequently used payment terms in the reporting period are 30 days.
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
60
Dispute Resolution Process
Any disputes or complaints are handled by our dedicated purchase ledger team in a timely manner.
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.
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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?
❌
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 COMPLETE LIMITED operates as an active Private limited Company. This status indicates its legal structure within the UK corporate framework.
The company is registered with company number 05416236 and was incorporated on 6 April 2005. Its registered office is located at First Floor, Victoria House Hampshire Court, East Newcastle Business Park, Scotswood Road, Newcastle Upon Tyne, England, NE4 7YJ.
This places the company's established operations within the North East of England.
As a Private limited Company, this organisational structure is commonly adopted in the UK for commercial ventures. It allows businesses to pursue a diverse range of activities, from providing goods and services to professional consultancy, while offering limited liability to its shareholders.
