RANDSTAD CPE LIMITED

PaymentCheck Score 2022
100Excellent
vs last year
#24 in UK
#4 in Professional Services
#3 in East of England

Company Information

Company Number
01275025
Registered Address
450 Capability Green, Luton, Bedfordshire, United Kingdom, LU1 3LU
Status
Active
Employee Count
281
Turnover
£173,151,000
EBITDA
£2,128,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 August 1976
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
East of England

Time to Pay

Average Time to Pay
3 days
Shortest Period:60 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202229 Jul 20223100%0%0%0%
01 Jul 2021 - 31 Dec 202128 Jan 20223100%0%0%0%
01 Jan 2021 - 30 Jun 202130 Jul 20213100%0%0%0%
01 Jul 2020 - 31 Dec 202010 Feb 20213100%0%0%0%
01 Jan 2020 - 30 Jun 202030 Jul 2020499%0%1%1%
01 Jul 2019 - 31 Dec 201928 Jan 2020499%0%1%1%
01 Jan 2018 - 30 Jun 201826 Jul 20184399%0%1%1%

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

The standard contractual length for time of payment of invoices is 60 days from the date of the invoice, however payment terms will vary depending on the supplier type, the spend type, the contractual obligations and the overall contractual negotiation. Our payment terms can be found in clause 8.5 of our standard terms: “In consideration of the supply of Goods and/or Services by the Supplier, Randstad shall pay valid and accurate invoices correctly rendered and accompanied by the information specified in clause 8.6, subject always to clause 8.7 below within 60 days of the date of receipt to a bank account nominated in writing by the Supplier.”

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

90

Dispute Resolution Process

A copy of our complaints policy is available on request from accounts.payable@randstad.co.uk

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

RANDSTAD CPE LIMITED is a leading provider of recruitment and human resource services in the United Kingdom. The company offers a wide range of services including temporary and permanent staffing solutions, payroll and HR outsourcing, and talent management.

The sustainability program at RANDSTAD CPE LIMITED focuses on reducing the company's environmental impact and promoting social responsibility. The company has implemented various initiatives such as using eco-friendly materials, reducing energy consumption, and promoting diversity and inclusion in the workplace.

Some of the key products and services offered by RANDSTAD CPE LIMITED include recruitment for various industries such as construction, engineering, and technology, as well as services for managing contractors and freelancers. The company also offers training and development programs to help individuals enhance their skills and advance their careers.

The key people at RANDSTAD CPE LIMITED include the CEO, Jacques van den Broek, and the Managing Director, Randstad UK & Ireland, Victoria Short. They lead a team of experienced professionals who are dedicated to providing high-quality services to clients and candidates.

For more information about RANDSTAD CPE LIMITED and their services, you can visit their website at www.randstad.co.uk. The company's registered office is located at 450 Capability Green, Luton, Bedfordshire, LU1 3LU.

Financial Metrics

Cash
£0
Net Worth
£49,084,000
Total Current Assets
£49,084,000
Total Current Liabilities
£0

Company Location