PEOPLEPLUS GROUP LIMITED
Company Information
- Company Number
- 05722765
- Registered Address
- 19-20 The Triangle, Ng2 Business Park, Nottingham, NG2 1AE
- Status
- Active
- Employee Count
- 1443.0
- Turnover
- 78000000.0
- EBITDA
- 4900000.0
Additional Details
- Website
- https://learningplus.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 27 February 2006
- Nature of Business
- 85590 - Other education not elsewhere classified
- Industries
- Professional Services
- Region
- East Midlands
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 | 30 Jan 2024 | 17 | 89% | 10% | 1% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 13 | 96% | 3% | 1% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 12 | 94% | 4% | 2% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 18 | 91% | 6% | 3% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 20 | 95% | 3% | 2% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 25 | 91% | 5% | 4% | 4% |
| 01 Jul 2020 - 31 Dec 2020 | 07 Jan 2021 | 22 | 92% | 3% | 5% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Jul 2020 | 19 | 92% | 5% | 3% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Jan 2020 | 18 | 93% | 5% | 2% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Aug 2019 | 20 | 88% | 9% | 3% | 12% |
| 01 Jul 2018 - 31 Dec 2018 | 08 May 2019 | 44 | 35% | 50% | 15% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 33 | 86% | 7% | 7% | 14% |
Company Summary
PeoplePlus Group Limited is a leading provider of employment, training, and support services in the UK
They are committed to improving the lives of individuals and communities through their sustainable programs and services
The company offers a wide range of services including job search support, apprenticeships, skills training, and welfare-to-work programs
They also work closely with employers to provide recruitment and workforce development solutions
PeoplePlus Group Limited has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact
This includes using renewable energy sources, reducing carbon emissions, and promoting recycling and waste reduction
The company is led by a team of experienced and dedicated individuals, including CEO John Foley and Chairman Paul Maddocks
They are committed to delivering high-quality services and making a positive impact on society
PeoplePlus Group Limited can be contacted through their website at www.peopleplus.co.uk or through their registered office address at PeoplePlus House, 2nd Floor, 50 Leman Street, London, E1 8EU
Their website also provides more information about their services, sustainability efforts, and key people in the company
Company Review
Trend Analysis
The average time for PEOPLEPLUS GROUP LIMITED to pay invoices has decreased from 33 days in the first period (Jan 2018 - June 2018) to 17 days in the last period (July 2023 - Dec 2023). There has been a consistent trend of paying invoices faster over the years.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has decreased from 51% in the second period (July 2018 - Dec 2018) to 6% in the last period (July 2023 - Dec 2023). This indicates a more stable and consistent payment pattern over the years.
Summary Analysis
For PEOPLEPLUS GROUP LIMITED, the average time to pay invoices has decreased from 33 days in the first period (Jan 2018 - June 2018) to 13 days in the third period (Jan 2019 - June 2019). This is a decrease of 60%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days
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
30
Dispute Resolution Process
Disputes are reviewed on a case by case basis by our purchase ledger team with input from the appropriate approving manager. Should it be required, escalation to the financial controller and/or finance director.
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.
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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
