ACORN RECRUITMENT LIMITED

PaymentCheck Score 2025
81Good
2.0vs last year
#1677 in UK
#113 in Professional Services
#21 in Wales

Company Information

Company Number
03358533
Registered Address
Somerton House, Hazell Drive, Cleppa Park, Newport Gwent, NP10 8FY
Status
Active
Employee Count
164
Turnover
£94,566,000
EBITDA
£2,262,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 April 1997
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
Wales

Time to Pay

Average Time to Pay
22 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
66%
31-60 Days
33%
After 60 Days
1%
Not Paid Within Terms2%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20252461%38%1%1%
01 Jul 2024 - 31 Dec 202431 Jan 20252465%34%1%2%
01 Jan 2024 - 30 Jun 202430 Jul 20242266%33%1%2%
01 Jul 2023 - 31 Dec 202331 Jan 20242655%43%2%3%
01 Jan 2023 - 30 Jun 202327 Jul 20232461%37%2%3%
01 Jul 2022 - 31 Dec 202223 Jan 20232365%33%2%3%
01 Jan 2022 - 30 Jun 202225 Jul 20222363%35%2%4%
01 Jul 2020 - 31 Dec 202029 Jan 20211678%20%2%10%
01 Jan 2020 - 30 Jun 202028 Jul 20201675%22%3%17%
01 Jul 2019 - 31 Dec 201928 Jan 20201873%23%4%18%
01 Jan 2019 - 30 Jun 201925 Jul 20192266%31%3%17%
01 Jul 2018 - 31 Dec 201808 Feb 20192360%37%4%27%

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

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

Dispute Resolution Process

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.

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

ACORN RECRUITMENT LIMITED is a UK-based recruitment agency that offers a range of services to both employers and job seekers. The company was founded in 1992 and has since grown to become one of the leading recruitment agencies in the country.

The main activities of ACORN RECRUITMENT LIMITED include finding suitable candidates for job vacancies, providing temporary and permanent staffing solutions, and offering recruitment consultancy services. They have a team of experienced recruiters who specialize in various industries and are dedicated to finding the best match for their clients.

In addition to their recruitment services, ACORN RECRUITMENT LIMITED is committed to sustainability and has implemented various measures to reduce their environmental impact. They have a sustainable procurement policy in place and actively promote recycling and energy efficiency within their offices.

The company offers a wide range of products and services, including temporary and permanent recruitment, executive search, and recruitment process outsourcing. They also offer training and development programs to help candidates improve their skills and increase their employability.

The key people at ACORN RECRUITMENT LIMITED include the Managing Director, John Arnold, who has over 25 years of experience in the recruitment industry, and the Operations Director, Sarah Troup, who has been with the company for over 20 years. They are supported by a team of dedicated recruiters and consultants.

For those interested in using their services, ACORN RECRUITMENT LIMITED can be contacted through their website, which is user-friendly and provides detailed information about their services and current job vacancies. Their registered office address is located in Newport, Wales.

Overall, ACORN RECRUITMENT LIMITED is a reputable and sustainable recruitment agency that offers a wide range of services to both employers and job seekers. With their experienced team and commitment to sustainability, they continue to be a trusted choice for recruitment needs in the UK.

Financial Metrics

Cash
£77,605
Net Worth
£21,470,218
Total Current Assets
£34,380,151
Total Current Liabilities
£12,553,820

Company Location