OFFICE ANGELS LIMITED
Company Information
- Company Number
- 01985032
- Registered Address
- 10 Bishops Square, London, England, E1 6EG
- Status
- Active
- Employee Count
- 164.0
- Turnover
- 58346000.0
- EBITDA
- 4051000.0
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
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 | 159 | 46% | 10% | 44% | 49% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 56 | 60% | 26% | 14% | 46% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 60 | 52% | 33% | 15% | 49% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 69 | 34% | 21% | 45% | 76% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 63 | 34% | 34% | 32% | 84% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 65 | 28% | 39% | 32% | 86% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 60 | 50% | 28% | 22% | 76% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 51 | 41% | 41% | 18% | 96% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 52 | 68% | 15% | 17% | 61% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 32 | 64% | 27% | 9% | 71% |
| 01 Jul 2018 - 30 Dec 2018 | 22 Jan 2019 | 26 | 72% | 24% | 4% | 62% |
| 01 Jan 2018 - 30 Jun 2018 | 15 Jul 2018 | 27 | 76% | 17% | 7% | 71% |
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
Company Review
Trend Analysis
In the past three periods, the average time taken for OFFICE ANGELS LIMITED to pay invoices has increased by 14% from 27 days to 63 days.
Volatility Analysis
The company's average time to pay has fluctuated over the past three periods, with an increase of 25% in the most recent period (2023-07-01 to 2023-12-31).
Summary Analysis
In terms of the average time taken to pay invoices, there has been a consistent increase over the past three periods, with the most significant increase of 28% in the most recent period (2023-07-01 to 2023-12-31).
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
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
