RANDSTAD SOLUTIONS LIMITED
Company Information
- Company Number
- 02389033
- Registered Address
- 450 Capability Green, Luton, Bedfordshire, United Kingdom, LU1 3LU
- Status
- Active
- Employee Count
- 459
- Turnover
- £454,819,000
- EBITDA
- £4,242,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 May 1989
- Nature of Business
- 78200 - Temporary employment agency activities
- Industries
- Professional Services
- Region
- East of England
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 2022 - 30 Jun 2022 | 29 Jul 2022 | 23 | 71% | 22% | 7% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 24 | 78% | 19% | 2% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 15 | 83% | 15% | 2% | 23% |
| 01 Jul 2020 - 31 Dec 2020 | 10 Feb 2021 | 12 | 88% | 10% | 2% | 40% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 12 | 88% | 8% | 4% | 24% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 18 | 84% | 7% | 9% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 56 | 83% | 6% | 11% | 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
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 SOLUTIONS LIMITED is a global human resources company that offers a wide range of services to help businesses and individuals achieve their goals. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact and promote social responsibility.
Their sustainability program includes measures such as energy-efficient office spaces, recycling programs, and promoting sustainable transportation options for employees. They also support local communities through various charity and volunteering activities.
The company offers a variety of services, including temporary staffing, permanent recruitment, and HR solutions. They specialize in various industries such as finance, technology, and engineering. Their goal is to connect qualified candidates with top companies, helping both parties achieve success.
Key people in the company include CEO Jacques van den Broek and CFO Henry Schirmer. They have a team of experienced and dedicated professionals who work towards providing the best solutions for their clients.
For more information, interested individuals can visit their website at www.randstadsolutions.co.uk. Their registered office address is at Randstad House, 450 Capability Green, Luton, Bedfordshire, LU1 3LU, United Kingdom. RANDSTAD SOLUTIONS LIMITED is committed to delivering top-notch services while also promoting sustainability and social responsibility.
