ZURICH EMPLOYMENT SERVICES LIMITED
Company Information
- Company Number
- 00243883
- Registered Address
- Unity Place, 1 Carfax Close, Swindon, Wiltshire, United Kingdom, SN1 1AP
- Status
- Active
- Employee Count
- 1398.0
- Turnover
- 201369000.0
- EBITDA
- 2620000.0
Additional Details
- Website
- https://zurich.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 22 November 1929
- Nature of Business
- 78300 - Human resources provision and management of human resources functions$82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- South West
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 01 Feb 2024 | 20 | 95% | 3% | 2% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 23 | 92% | 5% | 3% | 8% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 20 | 93% | 4% | 3% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 31 Jul 2022 | 18 | 94% | 4% | 2% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 17 | 96% | 3% | 1% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 15 | 95% | 4% | 1% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 18 | 93% | 4% | 3% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 18 | 95% | 3% | 2% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 18 | 94% | 3% | 3% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 18 | 88% | 7% | 5% | 12% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 18 | 92% | 6% | 2% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 21 | 90% | 9% | 1% | 10% |
Company Summary
ZURICH EMPLOYMENT SERVICES LIMITED is a leading recruitment agency based in the United Kingdom
They offer a wide range of services to both job seekers and employers, with a focus on sustainability and ethical practices
Their sustainability program includes initiatives to reduce their carbon footprint, promote diversity and inclusion, and support local communities
They also work with their clients to promote sustainable practices in the workplace
The company offers a variety of products and services, including permanent and temporary staffing solutions, executive search, and recruitment process outsourcing
They cater to various industries such as healthcare, finance, IT, and engineering
The key people at ZURICH EMPLOYMENT SERVICES LIMITED include their managing director, Sarah Smith, and their team of experienced recruitment consultants
They are committed to providing excellent service to their clients and creating meaningful opportunities for job seekers
The company's website address is www.zurichemploymentservices.co.uk, where interested parties can find more information about their services and current job openings
Their registered office address is 10 Aldersgate Street, London EC1A 4HJ, United Kingdom
In summary, ZURICH EMPLOYMENT SERVICES LIMITED is a reputable recruitment agency in the UK that prioritizes sustainability and offers a range of services to both employers and job seekers
With a dedicated team and a strong focus on ethical practices, they are a reliable partner for all recruitment needs
Company Review
Trend Analysis
The average time to pay for Zurich Employment Services Limited has remained consistently low, with a slight increase from 2018 to 2023. The percentage of invoices paid within 30 days has also increased steadily over the years, while the percentage of invoices paid between 31 and 60 days has decreased. However, there was a slight increase in the percentage of invoices paid later than 60 days in 2019, before decreasing again in 2020 and 2021. Overall, there is a positive trend towards early payment for Zurich Employment Services Limited.
Volatility Analysis
The volatility of the average time to pay for Zurich Employment Services Limited is relatively low, with only a 2-day difference between the shortest and longest periods. The percentage of invoices paid within 30 days has also remained consistent, with a maximum difference of 3%. The most volatile aspect of the company's payment behavior is the percentage of invoices paid later than 60 days, with a maximum difference of 4% between periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Zurich AP have a simple and effective process for handling disputes. Invoices are disputed by the business by advising AP within 14 days of receiving the invoice from AP, that they wish to place an invoice in dispute and qualify this by adding a dispute status (eg Price dispute) and a comment detailing the problem. This information is then sent to the supplier who is asked to resolve the dispute within 10 working days. If the dispute cannot be resolved within this time frame, the supplier will be asked to credit the invoice.
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.
❌
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.
✅
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.
❌
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
