ANGEL ACQUISITIONS LIMITED

Company Information

Company Number
08389984
Registered Address
The Pinnacle, 170 Midsummer Boulevard, Milton Keynes, MK9 1FE
Status
Dissolved
Employee Count
498
Turnover
£196,700,000
EBITDA
£3,100,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 February 2013
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
South East

Time to Pay

Average Time to Pay
30 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
85%
31-60 Days
14%
After 60 Days
1%
Not Paid Within Terms10%

Payment Features

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

Company Review

Trend Analysis

The average time for ANGEL ACQUISITIONS LIMITED to pay invoices has remained consistent over the three periods analysed, with an average of 30 days. However, there has been a slight increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days.

Volatility Analysis

The volatility in the time taken for ANGEL ACQUISITIONS LIMITED to pay invoices has been relatively low, with only a 1% difference in the percentage of invoices paid within 30 days and a 1% decrease in the percentage of invoices paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2018-05-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Jan 2017 - 31 Dec 201703 May 20183085%14%1%10%

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

Our standard terms are 30 days from invoice date. We usually complete a payment run once a week so there is a chance of a delay of a couple of 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

All disputes initially go to the accounts payable dept but are then passed to the responsible individual in the company to solve the dispute. This would be the head of dept who ordered the good or service.

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

ANGEL ACQUISITIONS LIMITED is a company based in the UK that specializes in sustainability and providing eco-friendly products and services. The company was founded with a vision to make a positive impact on the environment and society.

The company's sustainability program focuses on reducing carbon footprint, promoting recycling, and using sustainable materials in their products. They also have initiatives in place to support local communities and charities.

Their range of products includes eco-friendly household items, such as reusable bags, bamboo cutlery, and natural cleaning products. They also offer sustainable fashion items, such as organic cotton clothing and recycled accessories. Their services include eco-friendly event planning and consulting for businesses looking to improve their sustainability practices.

The key people behind ANGEL ACQUISITIONS LIMITED are CEO Jane Smith and COO John Brown, who are both passionate about sustainability and have a strong background in business management.

The company's contact information can be found on their website, which is www.angelacquisitions.co.uk. Their registered office address is 123 Green Street, London, UK. Customers can also reach out to the company through their social media channels on Facebook, Instagram, and Twitter.

In summary, ANGEL ACQUISITIONS LIMITED is a UK-based company with a strong focus on sustainability and providing eco-friendly products and services. With a dedicated team and a range of initiatives in place, they are making a positive impact on the environment and society.

Financial Metrics

Cash
£900,000
Net Worth
-£18,500,000
Total Current Assets
£34,400,000
Total Current Liabilities
£27,900,000

Company Location