STHREE PLC

PaymentCheck Score 2022
79Good
#1939 in UK
#146 in Professional Services
#841 in London

Company Information

Company Number
03805979
Registered Address
1st Floor 75 King William Street, London, England, EC4N 7BE
Status
Active
Employee Count
2,889
Turnover
£1,492,906,000
EBITDA
£81,448,000

Additional Details

Company Type
Public limited Company
Incorporated On
13 July 1999
Nature of Business
70100 - Activities of head offices
Industries
Human Resources, Recruitment And Admin
Region
London

Payment Score History

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

Company Review

Trend Analysis

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.

Volatility Analysis

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.

Summary Analysis

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.

Performance Reports History

Reporting Period Filed: 2023-12-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2023 - 30 Nov 202322 Dec 2023
01 Dec 2022 - 31 May 202327 Jun 2023
01 Jun 2022 - 30 Nov 202223 Dec 20222860%40%0%0%
01 Dec 2021 - 31 May 202230 Jun 2022
01 Jun 2021 - 30 Nov 202123 Dec 2021
01 Dec 2020 - 31 May 202128 Jun 2021
01 Jun 2020 - 30 Nov 202023 Dec 202021100%0%0%100%
01 Dec 2019 - 31 May 202029 Jun 2020
01 Jun 2019 - 30 Nov 201923 Dec 2019
01 Dec 2018 - 31 May 201927 Jun 2019
01 Jun 2018 - 30 Nov 201821 Dec 2018
01 Dec 2017 - 31 May 201822 Jun 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

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.

Financial Metrics

Cash
£83,202,000
Net Worth
£215,818,000
Total Current Assets
£428,322,000
Total Current Liabilities
£229,548,000

Company Location