Their own payment-practices filing · gov.uk
First South West Limited pays suppliers in 42 days on average — inside its 60-day stated terms
Their H2 2026 filing puts the average 18 days inside their stated 60-day term.
- Their stated terms
- 60 days
- Paid outside agreed terms
- 6% of invoices
- Paid after 61+ days
- 13%
- Reporting period
- 29 Mar 2026 – 28 Sept 2026
- Source
- their gov.uk filing, filed 15 Oct 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H2 2026 filing
Paid 18 days inside the 60-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 17 reports
48 → 42 days — getting faster
The read · computed from their figures
First South West Limited's H2 2026 filing puts their average at 42 days against stated terms of 60 days; 6% of invoices were paid outside agreed terms and 13% took 61 days or longer. Filed 15 Oct 2026.
The direction is faster: from 48 days in H1 2024 to 42 now — 6 days faster across their last 6 reports.
On the latest reported averages: Slower than 72% of the 245 large companies reporting in transport & storage.
That is 17 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
The Company’s standard payment terms are 60 days from date of valid invoice. It is the Group’s policy to agree appropriate payment terms for each transaction or series of transactions, and to abide by those terms on the submission of a valid invoice. The Company regularly agrees variations to the standard terms with individual suppliers depending on the nature of the goods/services and other circumstances.
Dispute resolution
The Company is committed to dealing with suppliers in a fair, consistent and transparent manner. We seek to resolve any invoice queries as quickly as possible between the Accounts Payable team and the relevant supplier. If a dispute cannot be resolved it is escalated to the relevant Head of Department and Procurement.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2026 | 42 | 6% | 13% | 15 Oct 2026 |
| H1 2026 | 44 | 5% | 9% | 24 Apr 2026 |
| H2 2025 | 46 | 3% | 16% | 22 Oct 2025 |
| H1 2025 | 45 | 4% | 17% | 25 Apr 2025 |
| H2 2024 | 48 | 3% | 17% | 17 Oct 2024 |
| H1 2024 | 48 | 7% | 21% | 15 Apr 2024 |
| H2 2023 | 47 | 7% | 22% | 12 Oct 2023 |
| H1 2023 | 50 | 7% | 25% | 18 Apr 2023 |
| H2 2022 | 49 | 7% | 24% | 19 Oct 2022 |
| H1 2022 | 48 | 3% | 22% | 22 Apr 2022 |
| H2 2021 | 50 | 4% | 29% | 27 Oct 2021 |
| H1 2021 | 51 | 3% | 31% | 15 Apr 2021 |
| H2 2020 | 51 | 6% | 33% | 28 Oct 2020 |
| H1 2020 | 51 | 6% | 34% | 27 Apr 2020 |
| H2 2019 | 52 | 4% | 37% | 28 Oct 2019 |
| H1 2019 | 52 | 9% | 35% | 23 Apr 2019 |
| H2 2018 | 48 | 38% | 26% | 29 Oct 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 5 Oct 1982
- Registered office
- TAUNTON DEPOT, TAUNTON, TA1 2EH
Quick answers · First South West Limited
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-01669417 · latest period to 28 Sept 2026
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