FIRST CENTRAL SERVICES (UK) LIMITED
Company number: 05894069
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
Jignash Patel
Payment statistics
Average time taken to pay invoices: 21 days
Total value paid:
- within 30 days: £4,235,403 (53%)
- in 31 to 60 days: £3,670,027 (46%)
- in 61 days or more: £30,690 (< 1%)
Invoices paid:
- within 30 days: 87%
- in 31 to 60 days: 12%
- in 61 days or more: 1%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £4,575,667
- payments due in the reporting period which have not been paid within the agreed period: 47%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
30 days
Standard payment terms
First Central Services UK (FCS UK) standard payment terms are 30 days from the date of the invoice, unless otherwise agreed in the contract. Some contracts have payment terms shorter than 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
All invoices which are processed by FCS UK are processed against an approved Purchase Order, which has been approved by an authorised signatory. If there is a dispute relating to the payment, the Purchase Order Raiser or relevant Business Contact will contact the supplier to discuss the query and payment will be made once the query is resolved. This is normally once a credit note or a revised invoice has been received.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No