HEALTH CARE RESOURCING GROUP LIMITED

Company Information

Company Number
06357982
Registered Address
33 Soho Square, London, England, W1D 3QU
Status
Active
Employee Count
178
Turnover
£71,065,000
EBITDA
£3,561,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 August 2007
Nature of Business
78200 - Temporary employment agency activities
88100 - Social work activities without accommodation for the elderly and disabled
Industries
Care Services, Human Resources, Recruitment And Admin
Region
London

Time to Pay

Average Time to Pay
37 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
44%
31-60 Days
43%
After 60 Days
13%
Not Paid Within Terms35%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-10-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2018 - 31 Mar 201908 Oct 20193744%43%13%35%
01 Apr 2018 - 30 Sept 201830 Oct 20183546%43%11%35%

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

Standard terms are month end following date of invoice, effectively averaging out at 45 day terms.

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

60

Dispute Resolution Process

Disputes are followed up via our in house Accounts Payable team within 14 days of receipt of invoice.

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

Health Care Resourcing Group Limited (HCRG) is a leading healthcare recruitment agency based in the United Kingdom. Established in 2004, the company has a strong focus on sustainability and offers a wide range of services to the healthcare industry.

HCRG's sustainability program includes initiatives such as reducing carbon emissions, promoting diversity and inclusion, and investing in renewable energy. The company also has a strict ethical code of conduct, ensuring fair treatment of employees and clients.

The company offers a range of products and services, including temporary and permanent staffing solutions, training and development programs, and international recruitment services. HCRG works with various healthcare settings, including hospitals, nursing homes, and home care agencies, to provide high-quality and reliable staffing solutions.

Key people at HCRG include the CEO, Philip Davies, who has over 30 years of experience in healthcare recruitment, and the Managing Director, Jo Davies, who has a background in nursing and extensive experience in healthcare recruitment.

HCRG's website (https://www.hcrg.uk.com/) provides detailed information about their services, sustainability efforts, and career opportunities. The company's registered office address is located at HCRG House, 1A The Exchange, Brent Cross Gardens, London, NW4 3RJ.

In summary, Health Care Resourcing Group Limited is a reputable healthcare recruitment agency in the UK, committed to sustainability and providing high-quality staffing solutions to the healthcare industry. Their experienced team, range of services, and strong ethical values make them a trusted partner for healthcare organizations.

Financial Metrics

Cash
£6,550,129
Net Worth
-£5,419,472
Total Current Assets
£41,654,602
Total Current Liabilities
£40,391,629

Company Location