OFFICE ANGELS LIMITED

PaymentCheck Score 2024
91Excellent
49.1vs last year
#952 in UK
#69 in Professional Services
#453 in London

Company Information

Company Number
01985032
Registered Address
10 Bishops Square, London, England, E1 6EG
Status
Active
Employee Count
164
Turnover
£58,346,000
EBITDA
£4,051,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 February 1986
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
93%
31-60 Days
6%
After 60 Days
1%
Not Paid Within Terms34%

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: 2024-08-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202404 Feb 20252195%2%3%22%
01 Jul 2023 - 31 Dec 202331 Jan 202415946%10%44%49%
01 Jan 2023 - 30 Jun 202325 Jul 20235660%26%14%46%
01 Jan 2022 - 30 Jun 202228 Jul 20226934%21%45%76%
01 Jul 2021 - 31 Dec 202120 Jan 20226334%34%32%84%
01 Jan 2021 - 30 Jun 202128 Jul 20216528%39%32%86%
01 Jul 2020 - 31 Dec 202021 Jan 20216050%28%22%76%
01 Jan 2019 - 30 Jun 201912 Jul 20193264%27%9%71%
01 Jul 2018 - 30 Dec 201822 Jan 20192672%24%4%62%

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

Office Angels utilise 60 days payment terms as standard

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

No information available

Any other information about payment terms

No additional information

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

Company Summary

Office Angels Limited is a UK-based recruitment agency that specializes in providing temporary and permanent office support staff to businesses across various industries. The company was founded in 1986 and has since grown to become one of the leading recruitment agencies in the UK.

The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. This includes using energy-efficient technology, recycling, and promoting sustainable practices among their employees and clients.

Office Angels Limited offers a wide range of services, including temporary and permanent recruitment, executive search, and managed services. They also provide training and development programs for their employees to ensure the highest quality of service for their clients.

The company is led by a team of experienced and dedicated professionals, including their CEO, Neil Rogers. They have a strong commitment to providing excellent customer service and building long-term relationships with their clients.

For more information, interested parties can visit their website at www.office-angels.com or contact them at their registered office address: 4th Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT. Overall, Office Angels Limited is a reputable and sustainable recruitment agency that offers top-notch services to help businesses find the right office support staff.

Financial Metrics

Cash
£81,000
Net Worth
£8,507,000
Total Current Assets
£17,344,000
Total Current Liabilities
£8,140,000

Company Location