CORDANT PEOPLE LIMITED

Company Information

Company Number
02636670
Registered Address
8th Floor Central Square, 29 Wellington Street, Leeds, United Kingdom, LS1 4DL
Status
Dissolved
Employee Count
4,921
Turnover
£104,281,000
EBITDA
-£3,347,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 August 1991
Nature of Business
78200 - Temporary employment agency activities
Industries
Human Resources, Recruitment And Admin
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
28 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
66%
31-60 Days
33%
After 60 Days
2%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201929 Jan 20202866%33%2%8%
01 Jul 2018 - 31 Dec 201830 Jan 20193757%33%10%29%
01 Jan 2018 - 30 Jun 201830 Jul 20184263%24%13%34%

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

60 days from invoice date unless agreed otherwise by exception

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

No information available

Any other information about payment terms

60 days from invoice date unless agreed otherwise by exception

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any disputes are notified to the supplier by either the accounts department or department requesting the supply. Every effort is made to resolve any dispute within the payment terms of invoice

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

CORDANT PEOPLE LIMITED is a UK-based recruitment agency that offers a range of services to clients and job seekers. The company was founded in 1957 and has since grown to become one of the leading recruitment agencies in the UK.

The main activities of CORDANT PEOPLE LIMITED include providing temporary and permanent staffing solutions to businesses across various industries, including healthcare, hospitality, and logistics. They also offer executive search and selection services for senior-level positions.

One of the company's key focuses is sustainability, and they have implemented various initiatives to reduce their environmental impact. This includes using energy-efficient equipment, promoting recycling and waste reduction, and encouraging their employees to use sustainable transportation methods.

In terms of products and services, CORDANT PEOPLE LIMITED offers a wide range of recruitment solutions tailored to each client's specific needs. This includes sourcing and screening candidates, managing payroll and benefits, and providing training and development programs.

The company is led by a team of experienced and dedicated professionals, including Managing Director Guy Liddall and Operations Director David Allen. They are committed to providing efficient and ethical recruitment services to their clients and creating a positive work culture for their employees.

For more information on CORDANT PEOPLE LIMITED and their services, you can visit their website at www.cordantpeople.com. Their registered office address is 1 New Oxford Street, London, WC1A 1GG, United Kingdom.

Financial Metrics

Cash
£145,753
Net Worth
£9,058,259
Total Current Assets
£39,230,005
Total Current Liabilities
£70,250,659

Company Location