STHREE MANAGEMENT SERVICES LIMITED

PaymentCheck Score 2023
67Fair
0.5vs last year
#2893 in UK
#1182 in London

Company Information

Company Number
04255086
Registered Address
1st Floor 75 King William Street, London, England, EC4N 7BE
Status
Active
Employee Count
412
Turnover
£76,433,000
EBITDA
£22,215,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 July 2001
Nature of Business
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Professional Services
Region
London

Payment Score History

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

Company Review

Trend Analysis

The trend for STHREE MANAGEMENT SERVICES LIMITED from 2017 to 2023 shows a fluctuation in the average time taken to pay invoices. The company started with an average of 37 days in 2017-2018 but saw an increase to 48 days in 2018-2019. However, in the following period, the average time decreased to 45 days and remained consistent for the next two periods. Overall, there has been a slight decrease in the average time to pay invoices over the years.

Volatility Analysis

The data for STHREE MANAGEMENT SERVICES LIMITED shows a relatively stable pattern in terms of percentage of invoices paid within 30 days and those paid later than 60 days. However, there has been a fluctuation in the percentage of invoices paid between 31 and 60 days, with a decrease from 2017 to 2019 followed by an increase in 2020 and a decrease again in 2021. This suggests that the company may have faced some challenges in managing invoice payments during these periods.

Summary Analysis

In the past three periods, STHREE MANAGEMENT SERVICES LIMITED has shown a consistent trend of paying invoices within an average of 41-46 days. There was a slight improvement in the percentage of invoices paid within 30 days from 53% in 2018-2019 to 62% in 2022-2023, indicating an effort towards early payment. The worst period for the company was in 2020-2021 where 56% of invoices were paid between 31 and 60 days and 61% were paid later than 60 days. However, there has been a significant improvement in this aspect in the following period, with only 33% of invoices paid between 31 and 60 days and 9% paid later than 60 days.

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 20234266%22%12%36%
01 Jun 2022 - 30 Nov 202223 Dec 20223561%27%12%35%
01 Dec 2021 - 31 May 202230 Jun 20224362%26%12%36%
01 Jun 2021 - 30 Nov 202123 Dec 20214058%33%9%36%
01 Dec 2020 - 30 May 202128 Jun 20214145%44%11%45%
01 Jun 2020 - 30 Nov 202023 Dec 20204634%56%10%61%
01 Dec 2019 - 31 May 202029 Jun 20204645%41%14%49%
01 Jun 2019 - 30 Nov 201923 Dec 20194450%36%14%0%
01 Dec 2018 - 31 May 201927 Jun 20194557%29%14%0%
01 Jun 2018 - 30 Nov 201821 Dec 20184853%31%16%44%
01 Dec 2017 - 31 May 201822 Jun 20183765%25%10%38%

Payment Time Trends

Payment Distribution Trends

Company Summary

STHREE MANAGEMENT SERVICES LIMITED is a leading global provider of recruitment and staffing services, specializing in the fields of science, technology, engineering, and mathematics (STEM). The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes measures such as reducing paper usage, promoting recycling, and using energy-efficient equipment. They also prioritize ethical sourcing and work closely with their suppliers to ensure responsible practices. As a result, STHREE MANAGEMENT SERVICES LIMITED has been awarded the ISO 14001 certification for their environmental management system.

In addition to their sustainability efforts, STHREE MANAGEMENT SERVICES LIMITED offers a wide range of products and services to clients, including permanent and contract staffing, executive search, and recruitment process outsourcing. They have a global network of offices and an extensive database of highly qualified candidates, making them a trusted partner for companies in need of STEM talent.

The company's key people include Chief Executive Officer Mark Dorman, who has over 25 years of experience in the recruitment industry, and Chief Financial Officer Alex Smith, who has a strong background in finance and strategy. They are supported by a team of experienced professionals who are dedicated to delivering exceptional service to clients and candidates.

STHREE MANAGEMENT SERVICES LIMITED's website (https://www.sthree.com/) provides comprehensive information about their services, industries served, and career opportunities. Their registered office address is 75 King William Street, London, EC4N 7BE, United Kingdom. With their focus on sustainability and commitment to providing top-notch recruitment services, STHREE MANAGEMENT SERVICES LIMITED continues to be a leader in the industry.

Financial Metrics

Cash
£41,156,000
Net Worth
£75,645,000
Total Current Assets
£88,399,000
Total Current Liabilities
£20,448,000

Company Location