ADECCO UK LIMITED

Company Information

Company Number
00593232
Registered Address
10 Bishops Square, London, England, E1 6EG
Status
Active
Employee Count
1188.0
Turnover
479767000.0
EBITDA
4321000.0

Additional Details

Company Type
Private limited Company
Incorporated On
7 November 1957
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
London

Company Location

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Financial Metrics

Cash
£7,598,000.00
Net Worth
£40,438,000.00
Total Current Assets
£460,690,000.00
Total Current Liabilities
£429,469,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
7 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
94%
31-60 Days
4%
After 60 Days
2%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 2024794%4%2%9%
01 Jan 2023 - 30 Jun 202325 Jul 20231190%7%3%10%
01 Jul 2022 - 31 Dec 202230 Jan 20231887%9%5%19%
01 Jan 2022 - 30 Jun 202228 Jul 20222875%15%10%25%
01 Jul 2021 - 31 Dec 202120 Jan 20222376%14%9%27%
01 Jan 2021 - 30 Jun 202128 Jul 20212381%10%9%20%
01 Jul 2020 - 31 Dec 202021 Jan 20211790%5%5%12%
01 Jan 2020 - 30 Jun 202021 Jul 20201192%4%4%12%
01 Jul 2019 - 31 Dec 201920 Jan 20201292%4%4%11%
01 Jan 2019 - 30 Jun 201912 Jul 2019895%3%2%10%
01 Jul 2018 - 30 Dec 201822 Jan 2019895%3%2%11%
01 Jan 2018 - 30 Jun 201813 Jul 2018894%4%2%15%

Company Summary

ADECCO UK LIMITED is a leading recruitment and staffing company that provides a wide range of services to businesses and job seekers in the UK

The company was founded in 1964 and has since grown to become a major player in the UK job market

The company offers various recruitment and staffing solutions to its clients, including temporary and permanent placements, as well as outsourcing and consulting services

They have a strong focus on sustainability and have implemented a number of initiatives to reduce their environmental impact, such as using eco-friendly materials and promoting recycling

ADECCO UK LIMITED has a diverse portfolio of products and services that cater to different industries and job roles

They have a strong presence in sectors such as healthcare, finance, technology, and hospitality, among others

Their services include job matching, candidate screening, and training and development programs

The company is led by a team of experienced and dedicated professionals, including the CEO, Alex Fleming, who has over 20 years of experience in the recruitment industry

They are committed to providing exceptional service to their clients and helping job seekers find meaningful employment opportunities

ADECCO UK LIMITED can be contacted through their website, which also features job listings and career resources for job seekers

Their registered office address is The Boulevard, Langford Lane, Kidlington, Oxfordshire, OX5 1GB, United Kingdom

In summary, ADECCO UK LIMITED is a reputable recruitment and staffing company that offers a wide range of services to businesses and job seekers

They have a strong focus on sustainability and are led by a team of experienced professionals

Their website is a valuable resource for both clients and candidates

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Adecco utilise 60 days payment terms as standard

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

All disputes are handled by our Accounts Payable department. Any escalation after 24 hours are managed by the Team Leader. After 48 Hours are managed by The manager After 72 hours the Head of Department will engage to resolve

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