REMPLOY LIMITED

Company Information

Company Number
09457025
Registered Address
Ash House Ash House, The Broyle, Ringmer, Lewes, East Sussex, England, BN8 5NN
Status
Dissolved
Employee Count
490
Turnover
£21,635,000
EBITDA
-£3,324,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 February 2015
Nature of Business
78109 - Other activities of employment placement agencies
Industries
Human Resources, Recruitment And Admin
Region
South East

Time to Pay

Average Time to Pay
39 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
73%
31-60 Days
14%
After 60 Days
13%
Not Paid Within Terms34%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-04-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2018 - 30 Sept 201830 Oct 20183672%15%12%34%

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

The Company does not formally impose its own terms on suppliers, although it aims to achieve minimum terms of 30 days. Different terms are sometimes agreed as part of a contract negotiations, or where suppliers are local or small business and where approval is given by Company Management.

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 would initially be referred to the internal budget holder for resolution with the supplier. If this did not rectify the position or for disputes of a contractual nature, matter to the finance team and senior management for resolution or follow the dispute resolution process defined in the contract.

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

REMPLOY LIMITED is a UK-based company that specializes in providing sustainable employment solutions for people with disabilities. Founded in 1946, the company has a long history of promoting inclusion and diversity in the workplace.

The company's main goal is to create sustainable job opportunities for people with disabilities, helping them to achieve financial independence and a sense of fulfillment. To achieve this, REMPLOY offers a range of services, including job placement, training, and support to both employers and employees.

One of REMPLOY's flagship initiatives is their sustainability program, which focuses on reducing the environmental impact of their operations. This includes implementing energy-efficient practices, reducing waste, and sourcing sustainable materials. The company also partners with other organizations to promote eco-friendly practices and reduce their carbon footprint.

REMPLOY offers a wide range of products and services, including recruitment and placement solutions for businesses, as well as training and development programs for individuals with disabilities. They also offer workplace assessments and accommodations to ensure that employers can create an inclusive and accessible work environment.

The key people at REMPLOY LIMITED include the CEO, Sue Marsh, who has been with the company since 2018 and has extensive experience in the disability employment sector. The company's registered office address is in Northampton, and their website, www.remploy.co.uk, provides more information on their services and contact details.

In summary, REMPLOY LIMITED is a pioneering company that is committed to providing sustainable employment solutions for people with disabilities. With their focus on inclusion, diversity, and sustainability, they continue to make a positive impact in the UK job market.

Financial Metrics

Cash
£129,000
Net Worth
-£123,000
Total Current Assets
£7,502,000
Total Current Liabilities
£7,002,000

Company Location