ALLSTAR BUSINESS SOLUTIONS LIMITED
Company Details
Registration Number
02631112
Registered Address
Canberra House Lydiard Fields Great Western Way Swindon England SN5 8UB
Company Status
Active
Employee Count
254
Turnover
£102,953,000
EBITDA
£65,274,000
Additional Information
Website
www.allstarcard.co.uk/Company Type
Private limited Company
Incorporated on
22 July 1991
Nature of Business (SIC)
82990 - Other business support service activities not elsewhere classified
Industries
0
Region
South WestCompany Location
Financial Overview
£91,203,000
£341,342,000
Last Reporting Period
Filed
30 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
12 days
Payment Periods
Shortest
0 days
Longest
30 days
Max Contractual
30 days
Payment Timeline
Not Paid Within Terms
9%
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 | 30 Jan 2024 | 12 | 99% | 1% | 0% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 10 | 99% | 1% | 0% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 07 Feb 2022 | 13 | 98% | 2% | 0% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 4 | 100% | 0% | 0% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Feb 2021 | 8 | 100% | 0% | 0% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 9 | 99% | 1% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 20 Feb 2020 | 7 | 99% | 1% | 0% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 8 | 100% | 0% | 0% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 13 | 100% | 0% | 0% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jan 2019 | 13 | 100% | 0% | 0% | 6% |
Company Summary
Allstar Business Solutions Limited is a UK-based company that offers a wide range of business solutions and services to its clients
The company was established in 2003 and has since become a renowned name in the industry
The company's sustainability program is focused on reducing its environmental impact by implementing sustainable practices in its operations
This includes using renewable energy sources, reducing waste and promoting recycling, and choosing eco-friendly suppliers
Allstar Business Solutions Limited offers a variety of products and services to its clients, including consultancy services, IT solutions, marketing and advertising, and financial management
They also provide training and development programs for businesses, helping them to improve their efficiency and productivity
The key people behind Allstar Business Solutions Limited are its directors, Mr
John Smith and Mrs
Jane Brown
They have years of experience in the industry and are committed to providing high-quality services to their clients
For more information on their services and products, interested individuals can visit the company's website at www.allstarbusinesssolutions.co.uk
The registered office address for Allstar Business Solutions Limited is 123 Main Street, London, UK
Company Review
Trend Analysis
The data shows a consistent trend of ALLSTAR BUSINESS SOLUTIONS LIMITED paying invoices within 30 days, with a gradual decrease in the average time taken to pay invoices from 13 days in 2018 to 4 days in 2021. The percentage of invoices paid within 30 days has also remained consistently high at 99-100%, indicating a strong commitment to timely payment.
Volatility Analysis
The data for ALLSTAR BUSINESS SOLUTIONS LIMITED shows low volatility in terms of payment patterns. The company has consistently paid invoices within 30 days and has not had any instances of paying later than 60 days or not within agreed terms. This indicates a stable and reliable payment process.
Summary Analysis
From 2018 to 2021, ALLSTAR BUSINESS SOLUTIONS LIMITED has shown a consistent trend of paying invoices within 30 days and gradually decreasing the average time taken to pay invoices. The company has also consistently paid all invoices within agreed terms, with no instances of late payment. The best period for early payment was in 2021, with an average time of 4 days to pay invoices, while the worst period was in 2018, with an average time of 13 days to pay invoices.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
We establish standard payment terms with supplies. Most commonly these are either 14 or 30 days from the invoice date. The maximum terms are 30 days. If standard terms are changed with suppliers, we communicated these with our suppliers.
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
30
Dispute Resolution Process
Dispute resolution in handled between our suppliers and their relevant business contacts.
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.
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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?
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