Score of 97.6/100 qualifies for PaymentCheck Certification
The data for STHREE PLC shows a consistent trend of improving payment times over the three periods analyzed. From 2020 to 2022, the average time to pay decreased from 21 to 28 days, indicating that the company is paying its invoices more quickly. The percentage of invoices paid within 30 days also increased from 100% to 60%, while the percentage of invoices paid between 31 and 60 days decreased from 0% to 40%. Additionally, the percentage of invoices paid later than 60 days decreased from 0% to 0%, indicating that the company is paying all of its invoices within the agreed terms.
The data for STHREE PLC shows a low level of volatility in payment times. From 2020 to 2022, the average time to pay increased by only 7 days, and there were no significant changes in the percentages of invoices paid within 30 days, between 31 and 60 days, or later than 60 days. This indicates that the company has been consistent in its payment practices over the three periods analyzed.
From Dec 2020 to Nov 2022, STHREE PLC has shown a significant improvement in its payment times. The average time to pay has decreased from 21 days to 28 days, with a corresponding increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid between 31 and 60 days. Additionally, the company has not had any invoices paid later than 60 days, indicating that it is consistently paying its invoices within the agreed terms. This trend suggests that STHREE PLC is committed to timely payments to its suppliers, which can have a positive impact on their relationships and overall business operations.
| 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 Jun 2025 - 30 Nov 2025 | 22 Dec 2025 | 20 | 99% | 1% | 0% | 0% |
| 01 Jun 2023 - 30 Nov 2023 | 22 Dec 2023 | |||||
| 01 Dec 2022 - 31 May 2023 | 27 Jun 2023 | |||||
| 01 Jun 2022 - 30 Nov 2022 | 23 Dec 2022 | 28 | 60% | 40% | 0% | 0% |
| 01 Dec 2021 - 31 May 2022 | 30 Jun 2022 | |||||
| 01 Jun 2021 - 30 Nov 2021 | 23 Dec 2021 | |||||
| 01 Dec 2020 - 31 May 2021 | 28 Jun 2021 | |||||
| 01 Jun 2020 - 30 Nov 2020 | 23 Dec 2020 | 21 | 100% | 0% | 0% | 100% |
| 01 Dec 2019 - 31 May 2020 | 29 Jun 2020 | |||||
| 01 Jun 2019 - 30 Nov 2019 | 23 Dec 2019 | |||||
| 01 Dec 2018 - 31 May 2019 | 27 Jun 2019 | |||||
| 01 Jun 2018 - 30 Nov 2018 | 21 Dec 2018 | |||||
| 01 Dec 2017 - 31 May 2018 | 22 Jun 2018 |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
standard payment terms for AP trade is 30 days and for non-trade is 45 days
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
60
a complaint will be addressed within 24 hours of receipt and for more complex cases the timeframe would be up to 48 hours
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
STHREE PLC is a leading global recruitment company that specializes in the provision of professional and specialist staffing services. The company was founded in 1986 and is headquartered in London, UK.
The primary activities of STHREE PLC include recruitment, placement, and management of professional and specialist personnel in various industries such as technology, banking, finance, and life sciences. The company operates through several brands, including Computer Futures, Progressive Recruitment, and Real Staffing, to provide tailored staffing solutions to clients.
In addition to its core business activities, STHREE PLC is committed to sustainability and has implemented various initiatives to reduce its environmental impact. The company has set ambitious targets to reduce its carbon footprint and promote eco-friendly practices across its operations.
STHREE PLC also offers a diverse range of products and services to support its clients, including recruitment process outsourcing, managed services, and talent management solutions. These services are designed to help businesses find and retain top talent, improve efficiency, and drive growth.
The key people at STHREE PLC include CEO Mark Dorman, CFO Alex Smith, and COO Justin Hughes. They lead a team of over 3,000 employees across 39 countries, all working towards the company's mission of connecting people with meaningful opportunities.
For more information on STHREE PLC, including its sustainability program, products and services, and key people, please visit their website at www.sthree.com. The company's registered office address is 1st Floor, 75 King William Street, London, EC4N 7BE, United Kingdom.
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