PONTOON EUROPE LIMITED
Company Information
- Company Number
- 03399532
- Registered Address
- 10 Bishops Square, London, England, E1 6EG
- Status
- Active
- Employee Count
- 214.0
- Turnover
- 420917000.0
- EBITDA
- 3303000.0
Additional Details
- Website
- https://pontoonsolutions.com
- Company Type
- Private limited Company
- Incorporated On
- 7 July 1997
- Nature of Business
- 78109 - Other activities of employment placement agencies$78200 - Temporary employment agency activities
- Industries
- Professional Services
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 3 | 96% | 3% | 1% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 2 | 96% | 3% | 1% | 8% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 3 | 96% | 3% | 1% | 13% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 2 | 97% | 3% | 1% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 3 | 98% | 1% | 1% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 2 | 99% | 1% | 0% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 2 | 99% | 0% | 0% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 3 | 98% | 1% | 1% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 1 | 99% | 1% | 0% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 1 | 100% | 0% | 0% | 4% |
| 01 Jul 2018 - 30 Dec 2018 | 22 Jan 2019 | 1 | 100% | 0% | 0% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 15 Jul 2018 | 1 | 100% | 0% | 0% | 7% |
Company Summary
PONTOON EUROPE LIMITED is a global workforce solutions company based in London, United Kingdom
They provide a range of innovative services to help organizations manage their workforce more efficiently and effectively
The company's sustainability program is centered on reducing their carbon footprint and promoting eco-friendly practices
They have implemented various initiatives such as reducing paper waste, using renewable energy sources, and promoting telecommuting to reduce emissions from commuting
PONTOON EUROPE LIMITED also partners with local charities and community organizations to support social and environmental causes
The company offers a variety of products and services to their clients, including managed service programs, recruitment process outsourcing, and vendor management systems
They specialize in tailoring these solutions to meet the specific needs of each organization, resulting in improved efficiency, cost savings, and enhanced talent management
The key people at PONTOON EUROPE LIMITED include their Chief Executive Officer, Paul Statham, and their Chief Operating Officer, Simon Blair
Both have extensive experience in the workforce solutions industry and are committed to driving the company's growth and sustainability efforts
For more information on PONTOON EUROPE LIMITED and their services, you can visit their website at www.pontooneurope.com
Their registered office address is located at 125 London Wall, London, EC2Y 5AS, United Kingdom
Company Review
Trend Analysis
The average time taken for PONTOON EUROPE LIMITED to pay invoices has increased from 1 day in 2018 to 3 days in 2023. The percentage of invoices paid within 30 days has decreased from 100% in 2018 to 96% in 2023. The percentage of invoices paid between 31 and 60 days has increased from 0% in 2018 to 3% in 2023. The percentage of invoices paid later than 60 days has remained consistently low at 1%. The percentage of invoices not paid within agreed terms has increased from 7% in 2018 to 11% in 2023.
Volatility Analysis
There is a consistent trend of PONTOON EUROPE LIMITED paying invoices within 1 day, with only a slight increase to 3 days in 2023. The percentage of invoices paid within 30 days has fluctuated between 96-100%, with a slight decrease in recent years. The percentage of invoices paid between 31 and 60 days has remained consistently low at 0-3%. The percentage of invoices paid later than 60 days has consistently remained at 1%. The percentage of invoices not paid within agreed terms has increased slightly from 7-11% in recent years.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Pontoon utilise 60 days payment terms as standard
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
60
Dispute Resolution Process
All disputes are handled by our Accounts Payable department. Any escalation after 24 hours are managed by the Team Leader. After 48 Hours are managed by The manager After 72 hours the Head of Department will engage to resolve
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
