GUIDANT GLOBAL UK LIMITED

Company Information

Company Number
02873036
Registered Address
800 The Boulevard, Capability Green, Luton, Bedfordshire, LU1 3BA
Status
Active
Employee Count
341.0
Turnover
716324000.0
EBITDA
3670000.0

Additional Details

Company Type
Private limited Company
Incorporated On
18 November 1993
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
East of England

Company Location

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Financial Metrics

Cash
£1,679,000.00
Net Worth
£20,243,000.00
Total Current Assets
£139,493,000.00
Total Current Liabilities
£119,784,000.00
Reporting Period
2023-07-01 to 2024-01-05Filed: 2024-02-05

Time to Pay

Average Time to Pay
45 days
Shortest Period:0 days
Longest Period:50 days
Max Contractual:50 days

Payment Timeline

Within 30 Days
43%
31-60 Days
49%
After 60 Days
7%
Not Paid Within Terms42%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 05 Jan 202405 Feb 20244543%49%7%42%
31 Dec 2022 - 30 Jun 202328 Jul 20234050%46%4%24%
02 Jul 2022 - 30 Dec 202230 Jan 20234832%51%17%12%
01 Jan 2022 - 01 Jul 202225 Jul 20223341%56%3%16%
03 Jul 2021 - 31 Dec 202127 Jan 20222953%43%4%10%
02 Jan 2021 - 02 Jul 202120 Jul 20212659%38%3%10%
04 Jul 2020 - 01 Jan 202126 Jan 20212354%42%4%17%
04 Jan 2020 - 03 Jul 202015 Jul 20202956%40%4%19%
06 Jul 2019 - 03 Jan 202031 Jan 20202663%33%3%8%
05 Jan 2019 - 05 Jul 201901 Aug 20192464%33%3%11%
30 Jun 2018 - 04 Jan 201923 Jan 20192763%33%4%9%
30 Dec 2017 - 29 Jun 201825 Jul 20183547%44%9%9%

Company Summary

GUIDANT GLOBAL UK LIMITED is a recruitment and workforce management company based in the United Kingdom

They specialize in providing innovative workforce solutions to their clients, helping them to find and manage the best talent for their businesses

As a socially responsible company, GUIDANT GLOBAL UK LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact

They have a sustainability program in place that focuses on reducing waste, conserving energy, and promoting ethical and responsible business practices

In terms of products and services, GUIDANT GLOBAL UK LIMITED offers a wide range of workforce solutions, including temporary and permanent staffing, managed services, and recruitment process outsourcing

They also have a strong focus on diversity and inclusion, ensuring that their clients have access to a diverse pool of talent

The key people at GUIDANT GLOBAL UK LIMITED include the CEO, Simon Blockley, and the Managing Director, John Rawlinson

They are supported by a team of experienced professionals who are dedicated to delivering exceptional service to their clients

To get in touch with GUIDANT GLOBAL UK LIMITED, interested parties can visit their website at www.guidantglobal.com

Their registered office address is at 100 Cheapside, London, EC2V 6DT, United Kingdom

Overall, GUIDANT GLOBAL UK LIMITED is a leading recruitment and workforce management company that is committed to sustainability and providing top-notch solutions to their clients

Company Review

Trend Analysis

The data shows that there has been a fluctuation in the average time taken for Guidant Global UK Limited to pay their invoices to suppliers. There was a gradual decrease in the average time to pay from 2017 to 2021, with a slight increase in 2022. However, there was a significant increase in 2023, with a decrease in 2024.

Volatility Analysis

The volatility of Guidant Global UK Limited's payment period can be seen through the changes in the percentage of invoices paid within 30 days and those paid later than 60 days. There is a consistent trend of around 60% of invoices being paid within 30 days, with a slight increase in 2022 and a significant decrease in 2023. The percentage of invoices paid later than 60 days also fluctuates, with a peak of 17% in 2022 and a decrease in 2023.

Summary Analysis

From 2017 to 2021, there was a gradual decrease in the average time taken for Guidant Global UK Limited to pay their invoices, with a low of 23 days in 2021. However, in 2022, there was a significant increase to 48 days, before decreasing again in 2023. The percentage of invoices paid within 30 days remained consistent at around 60%, with a slight increase in 2022 and a decrease in 2023. The percentage of invoices paid later than 60 days also fluctuated, with a peak of 17% in 2022 and a decrease in 2023. The shortest standard payment period remained at 0 days throughout all periods.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Standard contractual terms for goods and services vary depending on the supplier but 45 days is considered standard terms

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

50

Dispute Resolution Process

Disputes are handled by the Shared Services Accounts Payable function. Should an invoice be disputed the supplier will receive either an email or phone call which will indicate the query causing the dispute. Once any missing information or a corrected invoice is received the team will process as pay as due.

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