REED IN PARTNERSHIP LIMITED
Company Information
- Company Number
- 00851645
- Registered Address
- Academy Court, 94 Chancery Lane, London, WC2A 1DT
- Status
- Active
- Employee Count
- 2,313
- Turnover
- £197,249,000
- EBITDA
- £29,016,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 June 1965
- Nature of Business
- 78109 - Other activities of employment placement agencies78200 - Temporary employment agency activities
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 14 | 97% | 2% | 1% | 7% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 19 | 92% | 5% | 3% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 14 | 97% | 2% | 1% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 18 | 97% | 2% | 1% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 18 | 97% | 2% | 1% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 18 | 91% | 8% | 1% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 21 | 79% | 20% | 1% | 17% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
It is the Company's policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The majority of suppliers are paid on 30 days terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
During the reporting period the Company implemented in a new Enterprise Resource Planning system. While every effort was made to minimise the impact of the system improvement on the company's suppliers - including paying forward ahead of terms as applicable - there were slight transactional processing delays which has resulted in a marginal deterioration in the reported statistics for this period only. This is expected to improve in line with earlier reported periods when the Company submits its next return in July 2025.
Maximum contractual payment period agreed
30
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalated in the first instance to the relevant Manager to seek a resolution. For outstanding balance disputes, we collaborate with our suppliers to reconcile our accounts and seek to rectify any imbalances accordingly.
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
Company Summary
REED IN PARTNERSHIP LIMITED is a UK-based employment and training company that provides a range of services to help individuals find sustainable employment. The company was established in 1998 and has since become a leading provider of employment services, with over 130 locations across the UK.
The company's sustainability program focuses on supporting individuals from all backgrounds, including those with disabilities, mental health issues, and long-term unemployment, to find and sustain meaningful employment. They also have a commitment to reducing their environmental impact and promoting diversity and inclusion in their workplace.
REED IN PARTNERSHIP LIMITED offers a wide range of products and services to help individuals with their job search, including career advice, CV writing, interview preparation, and job placement services. They also work with employers to provide recruitment and training solutions, helping to bridge the gap between job seekers and employers.
The company's key people include CEO James Reed, who founded REED IN PARTNERSHIP LIMITED, and Managing Director Alex Khan, who has over 20 years of experience in the employment and training sector.
To contact REED IN PARTNERSHIP LIMITED, individuals can visit their website at www.reedinpartnership.co.uk or visit their registered office at Academy Court, 94 Chancery Lane, London WC2A 1DT. The company can also be reached by phone at 0333 240 2001 or by email at info@reedinpartnership.co.uk.
