Industry ranking
Score of 80.5/100 qualifies for PaymentCheck Certification
| 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 2025 - 30 Jun 2025 | 30 Jul 2025 | 24 | 61% | 38% | 1% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 24 | 65% | 34% | 1% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 22 | 66% | 33% | 1% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 26 | 55% | 43% | 2% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 24 | 61% | 37% | 2% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 23 | 65% | 33% | 2% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 23 | 63% | 35% | 2% | 4% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 21 | 62% | 35% | 3% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 16 | 74% | 25% | 1% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 16 | 78% | 20% | 2% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 16 | 75% | 22% | 3% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 18 | 73% | 23% | 4% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 22 | 66% | 31% | 3% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 08 Feb 2019 | 23 | 60% | 37% | 4% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Aug 2018 | 28 | 55% | 39% | 5% | 43% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Typically, 30 days end-of-month following date of invoice. The company enters into a range of agreements for the activities it undertakes, typically relying on the standard terms of Acorn Recruitment Limited. The company’s billing systems, which record and administer invoices, do not contain information about contract type. As such, while the majority of invoices in the system are expected to relate to qualifying contracts, the system is unable to distinguish qualifying contracts from non-qualifying contracts and some such data may be included in the reported statistics. The company’s billing system logs payment terms per the terms of the supplier (i.e., 30 days from date of invoice, but we carry out one payment run per month and therefore our general payment terms are 30 days end of month following date of invoice, unless there are exceptional circumstances.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Supplier is notified by email and advised that a payment for the invoice in question will be withheld until resolution is achieved. It is intended to resolve the matter within as short a time as possible.
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?
No information available
Acorn Recruitment Limited trades as Acorn by Synergie and is a UK recruitment agency providing temporary, permanent, contract and on-site recruitment solutions. It places workers into assignments across sectors including industrial, engineering, manufacturing, construction, driving and logistics, IT and technical roles, working with several hundred UK client companies. It also operates a facilities management arm, Synergie Facilities, and a specialist executive search division, S&You. The company forms part of the wider Synergie Group, a global recruitment organisation operating in numerous countries, though group-wide turnover and staff figures relate to that parent group rather than this UK entity alone. Acorn by Synergie holds REC membership, ISO 9001:2015 accreditation and a GLAA licence.
Generated from the company's website and Companies House records. Sources: acornpeople.com · acornpeople.com · acornpeople.com