THE SR GROUP (UK) LIMITED

PaymentCheck Score 2024
85Good
2.8vs last year
#1570 in UK
#105 in Professional Services
#724 in London

Company Information

Company Number
07638893
Registered Address
5 Fleet Place, London, England, EC4M 7RD
Status
Active
Employee Count
215
Turnover
£49,054,000
EBITDA
£8,898,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 May 2011
Nature of Business
78109 - Other activities of employment placement agencies
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
13 days
Shortest Period:0 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
84%
31-60 Days
14%
After 60 Days
2%
Not Paid Within Terms22%

Payment Features

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

Payment Score History

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

Performance Reports History

Reporting Period Filed: 2024-01-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20251084%14%2%21%
01 Jan 2024 - 30 Jun 202425 Jul 20241678%19%3%27%
01 Jun 2023 - 30 Jun 202305 Sept 20231582%14%3%23%

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 payment terms are typically those as advised by the supplier and not typically negotiated.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Payments typically made on fortnightly payment runs

Maximum contractual payment period agreed

45

Dispute Resolution Process

All disputes are dealt with internally by the Finance Department and are extremely rare

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

The SR Group (UK) Limited is a leading international recruitment company with a focus on specialist markets. Founded in 1987, the company is headquartered in London, with offices in Europe, Asia Pacific, and the Americas.

The company's sustainability program is centered around reducing their environmental impact and promoting diversity and inclusion in the workplace. They have implemented initiatives such as reducing paper usage, promoting remote working, and partnering with charities to support marginalized communities.

The SR Group offers a range of products and services, including permanent and temporary recruitment, executive search, and talent consulting. They specialize in various sectors such as legal, HR, marketing, and technology.

The key people at the company include Mark Brewer, the CEO, who has been with the company for over 20 years, and Steve Banks, the Group Financial Director. They lead a team of experienced and knowledgeable consultants who are dedicated to providing exceptional service to clients and candidates.

The company's website address is www.thesrgroup.com, where individuals can find information about their services, job opportunities, and resources for job seekers and employers. The registered office address is 1 Carter Lane, London, EC4V 5ER, United Kingdom.

In summary, The SR Group (UK) Limited is a sustainable and reputable recruitment company that offers a range of services across various industries. With a strong leadership team and a commitment to sustainability and diversity, they continue to be a trusted partner for both clients and candidates.

Financial Metrics

Cash
£7,000,255
Net Worth
£15,389,771
Total Current Assets
£34,240,782
Total Current Liabilities
£20,450,245

Company Location