BROOK STREET UK LIMITED
Company Details
Registration Number
00459637
Registered Address
Capital Court 30 Windsor Street Uxbridge England UB8 1AB
Company Status
Active
Employee Count
425
Turnover
£316,111,000
EBITDA
£3,717,000
Additional Information
Website
www.brookstreet.co.uk/Company Type
Private limited Company
Incorporated on
6 October 1948
Nature of Business (SIC)
78200 - Temporary employment agency activities
Industries
Human resources, Recruitment, headhunting and talent management
Region
LondonCompany Location
Financial Overview
£16,408,000
£19,151,000
Last Reporting Period
Filed
30 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
58 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
75 days
Payment Timeline
Not Paid Within Terms
51%
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 | 30 Jan 2024 | 58 | 48% | 30% | 22% | 51% |
| 01 Jan 2023 - 30 Jun 2023 | 22 Jul 2023 | 42 | 54% | 34% | 12% | 49% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 37 | 56% | 28% | 16% | 49% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Dec 2022 | 34 | 61% | 28% | 11% | 47% |
Company Summary
BROOK STREET (UK) LIMITED is a recruitment agency that offers a wide range of services to both job seekers and employers
They have been in operation for over 70 years and have a strong presence in the UK
Their sustainability program focuses on reducing their environmental impact by promoting sustainable practices within their own operations and encouraging their clients and candidates to do the same
They also work closely with charitable organizations to support causes related to sustainability, education, and social responsibility
In terms of products and services, BROOK STREET (UK) LIMITED offers temporary and permanent staffing solutions in various industries such as office administration, customer service, and healthcare
They also provide training and development programs for individuals looking to enhance their skills and improve their employability
The company's key people include Managing Director, Sarah Webster, and Director of Operations, Andrew Thompson
They are committed to maintaining the company's reputation for excellent service and ethical practices
To contact BROOK STREET (UK) LIMITED, individuals can visit their website at www.brookstreet.co.uk or visit their registered office at 33 Gracechurch Street, London, EC3V 0BT
Their website also includes a contact form and phone numbers for specific departments, making it easy for clients and candidates to get in touch
Overall, BROOK STREET (UK) LIMITED is a reputable and sustainable recruitment agency that offers valuable services to the community
Company Review
Trend Analysis
The average time taken for BROOK STREET (UK) LIMITED to pay invoices has been increasing over the past three periods, with a 71.4% increase from 2022-01-01 to 2023-07-01. This indicates that the company may be experiencing financial difficulties that are causing delays in invoice payments.
Volatility Analysis
The data for BROOK STREET (UK) LIMITED shows a 3.3% decrease in the percentage of invoices paid within 30 days from 2022-01-01 to 2023-07-01. This indicates some inconsistency in the company's payment practices.
Summary Analysis
Over the past three periods, there has been a significant increase in the average time taken for BROOK STREET (UK) LIMITED to pay invoices, with a 70.6% increase from 2022-01-01 to 2023-07-01. This is a concerning trend that may indicate financial difficulties for the company.
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 from receipt of a valid invoice
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
75
Dispute Resolution Process
Disputes raised with the Accounts Payable team are resolved locally, or escalated to the relevant business owner, as required
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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