RANDSTAD SOURCERIGHT LIMITED
Company Information
- Company Number
- 03869709
- Registered Address
- 450 Capability Green, Luton, Bedfordshire, United Kingdom, LU1 3LU
- Status
- Active
- Employee Count
- 515
- Turnover
- £309,351,000
- EBITDA
- £1,640,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 November 1999
- Nature of Business
- 78200 - Temporary employment agency activities
- Industries
- Professional Services
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 21 | 63% | 31% | 6% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 19 | 69% | 27% | 4% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 24 | 62% | 26% | 12% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 10 Feb 2021 | 26 | 64% | 12% | 24% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 29 | 60% | 11% | 29% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 23 | 67% | 14% | 19% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 72 | 77% | 19% | 4% | 6% |
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
The standard contractual length for time of payment of invoices is 60 days from the date of the invoice, however payment terms will vary depending on the supplier type, the spend type, the contractual obligations and the overall contractual negotiation. Our payment terms can be found in clause 8.5 of our standard terms: “In consideration of the supply of Goods and/or Services by the Supplier, Randstad shall pay valid and accurate invoices correctly rendered and accompanied by the information specified in clause 8.6, subject always to clause 8.7 below within 60 days of the date of receipt to a bank account nominated in writing by the Supplier.”
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
A copy of our complaints policy is available on request from accounts.payable@randstad.co.uk
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
RANDSTAD SOURCERIGHT LIMITED is a global human resource consulting firm that specializes in providing innovative workforce solutions. They offer a wide range of services such as recruitment, staffing, and talent management to help organizations achieve their business goals.
As part of their sustainability program, RANDSTAD SOURCERIGHT LIMITED is committed to reducing their environmental impact and promoting social responsibility. They have implemented various initiatives to achieve this, such as using renewable energy sources, reducing carbon emissions, and promoting diversity and equal opportunities in their workforce.
Their products and services are tailored to meet the specific needs of their clients, ranging from temporary staffing to permanent recruitment and managed services. They also offer solutions for workforce consulting, employer branding, and talent management, enabling businesses to attract, develop, and retain top talent.
The key people leading RANDSTAD SOURCERIGHT LIMITED are CEO Rebecca Henderson and CFO Karen Fichuk, who bring years of experience and expertise in the industry. They are supported by a team of dedicated professionals who strive to deliver high-quality services to their clients.
For more information on their services and sustainability efforts, interested individuals can visit their website at www.randstadsourceright.co.uk. Their registered office address is located at Randstad Sourceright Ltd, 26 York Street, London, W1U 6PZ, United Kingdom. Overall, RANDSTAD SOURCERIGHT LIMITED is a reputable and sustainable organization that helps businesses thrive through their innovative workforce solutions.
