Registration Number
08003789
Registered Address
3rd Floor 1 Ashley Road Altrincham Cheshire WA14 2DT
Company Status
Active
Employee Count
374
Turnover
£41,352,000
EBITDA
£1,897,000
Website
www.gpstrategies.com/Company Type
Private limited Company
Incorporated on
23 March 2012
Nature of Business (SIC)
85590 - Other education not elsewhere classified
Industries
0
Region
North West£5,595,000
£-2,803,000
Filed
30 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Average Time to Pay
45 days
Payment Periods
Shortest
0 days
Longest
0 days
Max Contractual
90 days
Not Paid Within Terms
59%
| 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 | 45 | 20% | 63% | 17% | 59% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 51 | 15% | 71% | 14% | 53% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 42 | 17% | 69% | 14% | 48% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 45 | 15% | 72% | 13% | 51% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 44 | 13% | 77% | 10% | 48% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 50 | 18% | 60% | 22% | 54% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Oct 2021 | 38 | 23% | 72% | 5% | 49% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 60 | 20% | 54% | 26% | 58% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Jul 2020 | 60 | 17% | 54% | 29% | 59% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Jan 2020 | 52 | 21% | 60% | 19% | 65% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 58 | 22% | 51% | 27% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 49 | 27% | 56% | 17% | 47% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 46 | 29% | 55% | 16% | 40% |
GP Strategies Limited is a leading provider of professional and technical training services, consulting, and engineering solutions
The company is committed to sustainability and is dedicated to delivering environmentally friendly products and services
The company's sustainability program focuses on reducing its carbon footprint, promoting energy efficiency, and using eco-friendly materials in its operations
GP Strategies also works closely with its clients to help them achieve their sustainability goals through their training and consulting services
GP Strategies offers a wide range of products and services, including leadership development, technical training, and engineering solutions
Their training programs cover a variety of industries, including automotive, aerospace, and energy
The company also offers consulting services in areas such as organizational development, change management, and talent management
The key people at GP Strategies include their CEO, Scott Greenberg, and their Executive Vice President, Adam Stedham
They lead a team of experienced professionals who are dedicated to delivering high-quality services to their clients
For more information about GP Strategies and their services, you can visit their website at www.gpstrategies.com
Their registered office address is The Shard, 32 London Bridge Street, London, SE1 9SG, United Kingdom
GP Strategies Limited is a subsidiary of GP Strategies Corporation, a global performance improvement solutions provider
From 2018 to 2023, GP STRATEGIES LIMITED has shown a fluctuating trend in the average time taken to pay invoices. There was a slight increase from 46 days in 2018 to 51 days in 2023. However, in the most recent period (2023-07-01 to 2023-12-31), there was a decrease in the average time to pay, dropping to 45 days.
The volatility in GP STRATEGIES LIMITED's average time to pay has ranged from a low of 38 days to a high of 60 days. There was a significant increase in volatility in 2022, with an increase of 15 days from the previous period. However, in the most recent period (2023-07-01 to 2023-12-31), there was a decrease in volatility, dropping to 45 days.
From the data provided, there has been a slight increase in the average time taken for GP STRATEGIES LIMITED to pay invoices, from 46 days in 2018 to 51 days in 2023. However, in the most recent period (2023-07-01 to 2023-12-31), there was a decrease in the average time to pay, dropping to 45 days.
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days net
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
90
The Company is committed to dealing with suppliers in a fair manner. Complaints should be raised to the Accounts Payable department at ukap@gpstrategies.com. The first point of escalation is the Accounts Payable Manager followed by the Operations Team Lead responsible for the purchase. If the dispute cannot be resolved it will be escalated to the relevant UK Director.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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