CAROOLA GROUP LTD

PaymentCheck Score 2025
87Good
1.5vs last year
#1157 in UK
#201 in Financial Services
#62 in North West

Company Information

Company Number
09200209
Registered Address
840 Ibis Court, Centre Park, Warrington, Cheshire, United Kingdom, WA1 1RL
Status
Active
Employee Count
12,682
Turnover
£914,728,000
EBITDA
£4,918,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 September 2014
Nature of Business
70100 - Activities of head offices
Industries
Financial Services,Professional Services
Region
North West

Time to Pay

Average Time to Pay
18 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
87%
31-60 Days
12%
After 60 Days
1%
Not Paid Within Terms19%

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: 2024-12-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2025 - 31 Oct 202520 Nov 20252184%16%0%14%
01 Nov 2024 - 30 Apr 202530 May 20252479%20%1%15%
01 May 2024 - 31 Oct 202420 Dec 20241887%12%1%19%

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

We do not have standard terms of contract, these are set by our suppliers, under their preferred payment terms. Our most frequent payment terms are 30 days.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

When issues are identified, we contact the supplier with details of the dispute and negotiate a resolution to the issue. We aim to have all disputes corrected within payment terms. We will keep the supplier aware of impact to payment date.

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

OPTIONIS GROUP LIMITED is a UK-based company that provides a range of services to contractors, freelancers, and small businesses. Established in 1999, the company has grown to become a leading provider of support services in the UK.

The company's main services include accountancy, tax, and payroll services for contractors and freelancers, as well as business support services such as insurance, pensions, and legal advice. OPTIONIS GROUP LIMITED also offers umbrella and limited company solutions for contractors, making it easier for them to manage their finances and comply with UK tax laws.

In addition to their business services, OPTIONIS GROUP LIMITED has a strong focus on sustainability. They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources and promoting energy-efficient practices within their offices. They also encourage their employees to participate in community service activities and support various charitable causes.

The key people at OPTIONIS GROUP LIMITED include CEO Derek Kelly, who has over 25 years of experience in the industry, and COO Jan Post, who has been with the company since its inception. Their team of experienced professionals ensures that the company delivers high-quality services to their clients.

For those interested in their services, OPTIONIS GROUP LIMITED can be contacted through their website or at their registered office address in Warrington, UK. Their website also provides information on their services, sustainability program, and career opportunities.

In summary, OPTIONIS GROUP LIMITED is a reputable company in the UK that offers a range of support services to contractors, freelancers, and small businesses. With a strong focus on sustainability and a team of experienced professionals, they continue to provide high-quality services to their clients while making a positive impact on the environment and the community.

Financial Metrics

Cash
£38,168,000
Net Worth
-£222,451,000
Total Current Assets
£101,653,000
Total Current Liabilities
£266,481,000

Company Location