UK-based Infinity Logistics has become the first logistics firm to be awarded a government-backed award that recognises best practice in payment.
The company was awarded the Fair Payment Code (FPC) Gold Award, which is given to companies that pay at least 95% of all invoices within 30 days and agree to abide by the Code’s principles of being "clear, fair and collaborative with their suppliers”.
The time-critical logistics firm was launched in 2022 and provides freight forwarding, warehousing, distribution, and customised transport solutions.
Explaining why Infinity Logistics Ltd applied to the FPC, co-owned Michael Haskins said: "Having experienced the challenges of late payments ourselves, we understand the strain it can put on businesses—affecting cash flow, growth, and operational stability.
"We’ve seen firsthand how delayed payments can disrupt supply chains, impact service quality, and create unnecessary financial stress."
He added: "We believe that fair and timely payments are the foundation of strong business relationships.
“We applied for the Fair Payment Code to formalise our commitment to ethical business practices and ensure that our suppliers receive the respect and reliability they deserve.”
The company pointed to statistics showing that in 2023 15% of small businesses and medium-sized enterprises cited cash flow and late payments as an obstacle to running their businesses.
Liz Barclay, UK small business commissioner, added: "Congratulations to Infinity Logistics Ltd on their Gold Fair Payment Code Award. Everyone benefits when suppliers are paid quickly and fairly, and they thrive.
"Embedding a culture of fair payment practices in your business is good for your own bottom line as well as for the economy, communities and wider society.”
