SPRING TECHNOLOGY STAFFING SERVICES LIMITED
Company Information
- Company Number
- 01923903
- Registered Address
- 10 Bishops Square, London, England, E1 6EG
- Status
- Active
- Employee Count
- 49.0
- Turnover
- 92287000.0
- EBITDA
- 556000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 June 1985
- Nature of Business
- 78200 - Temporary employment agency activities
- Industries
- Professional Services
- Region
- London
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 | 31 Jan 2024 | 8 | 87% | 11% | 2% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 3 | 95% | 5% | 1% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 4 | 95% | 4% | 1% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 2 | 97% | 2% | 1% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 1 | 98% | 1% | 1% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 3 | 97% | 1% | 2% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 2 | 99% | 1% | 0% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 3 | 97% | 1% | 2% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 1 | 99% | 1% | 0% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 0 | 100% | 0% | 0% | 4% |
| 01 Jul 2018 - 30 Dec 2018 | 22 Jan 2019 | 1 | 100% | 0% | 0% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 15 Jul 2018 | 1 | 100% | 0% | 0% | 6% |
Company Summary
SPRING TECHNOLOGY STAFFING SERVICES LIMITED is a leading provider of staffing and recruitment solutions for technology companies
The company offers a range of services, including permanent, contract, and temporary staffing, as well as executive search and project management
The company is committed to sustainability and has implemented several initiatives to reduce their environmental impact
They have a recycling program in place and have also implemented energy-saving measures in their office
Additionally, they encourage their employees to use public transportation or carpool to reduce carbon emissions
SPRING TECHNOLOGY STAFFING SERVICES LIMITED offers a variety of products and services to meet the needs of their clients
This includes sourcing highly skilled and qualified candidates for technology roles, providing flexible staffing solutions for short-term projects, and offering executive search services for senior-level positions
They also have a dedicated team that specializes in project management, helping companies successfully complete complex technology projects
The key people at SPRING TECHNOLOGY STAFFING SERVICES LIMITED include the managing director, who oversees the operations and strategic direction of the company, and the recruitment team, who are responsible for finding the best talent for their clients
For more information on their services and sustainability efforts, interested parties can visit their website at www.spring.com
The registered office address for SPRING TECHNOLOGY STAFFING SERVICES LIMITED is 1st Floor, 9 Bonhill Street, London, EC2A 4DJ
Company Review
Trend Analysis
The data for Spring Technology Staffing Services Limited shows a consistent trend of paying invoices on time, with an average time to pay of 1 day for the first three periods and 3 days for the following two periods. However, there is a slight increase in the average time to pay in the last three periods, with an average of 3 days, indicating a potential delay in payments.
Volatility Analysis
The volatility of the data for Spring Technology Staffing Services Limited is relatively low, with a consistent average time to pay of 1 or 3 days. This indicates that the company has a stable payment system in place and is consistent in paying invoices within the agreed terms.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Spring Technology 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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
