ADVANTAGE RESOURCING UK LIMITED

Company Information

Company Number
03341461
Registered Address
27/28 Eastcastle Street, London, United Kingdom, W1W 8DH
Status
Active
Employee Count
108
Turnover
£95,877,000
EBITDA
-£5,094,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 March 1997
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
24 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
71%
31-60 Days
21%
After 60 Days
8%
Not Paid Within Terms1%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201911 Oct 20192471%21%8%1%
01 Jul 2018 - 31 Dec 201805 Feb 2019898%1%1%1%

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

It is the Company's policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The majority of suppliers are paid within 45 days terms

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

45

Dispute Resolution Process

We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would be escalated in the first instance to the relevant Manager to seek a resolution.

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

ADVANTAGE RESOURCING UK LIMITED is a leading recruitment and workforce solutions company based in the United Kingdom. They provide a wide range of services such as temporary staffing, permanent recruitment, managed services, and recruitment process outsourcing.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce their carbon footprint and promote environmental responsibility. They have a sustainability program in place which focuses on reducing waste, conserving energy, and promoting eco-friendly practices.

ADVANTAGE RESOURCING UK LIMITED offers a variety of products and services to meet the needs of their clients. They have a team of experienced recruiters who help companies find the best talent for their organization. They also offer managed services, where they take care of the entire recruitment process for their clients. Their recruitment process outsourcing service helps companies streamline their recruitment process and save time and resources.

The key people at ADVANTAGE RESOURCING UK LIMITED include the Managing Director, David Brown, who has over 30 years of experience in the recruitment industry, and the Operations Director, John Graham, who has over 20 years of experience in business and financial management.

The company's website address is https://www.advantageresourcing.co.uk/, where clients can find more information about their services and job seekers can search for job opportunities. Their registered office address is 100 Red Lion Street, London, WC1R 4LR, United Kingdom.

In summary, ADVANTAGE RESOURCING UK LIMITED is a reputable recruitment and workforce solutions company in the UK, with a strong focus on sustainability and a wide range of services to cater to the needs of their clients. With their experienced team and commitment to environmental responsibility, they continue to be a top choice for both employers and job seekers.

Financial Metrics

Cash
£9,789,444
Net Worth
£19,712,260
Total Current Assets
£28,050,865
Total Current Liabilities
£8,439,471

Company Location