Spring & Umbrella Spring & Umbrella
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  1. #1

    Nervous Newbie


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    Default Spring & Umbrella

    Hi

    I've been contracting for 15 odd years, using a mixture of Umbrella Co's initially then I had a Ltd Co (which I failed at running!!), and now I'm using another Umbrella

    I need this new contract, as my Mum has just been told she potentially has Cancer and I need to be local to home, not living in a hotel all week, especially as my Dad has Alzheimers!!

    Spring (who my new contract is with) have advised that I can't use my current Co as they are not on their preferred supplier list and fail their credit checks.

    So, their choices are

    Giant
    Pay Stream
    Clear Accountancy

    With working my notice in my current contract, creating handover notes & stressing over my Mum, I don't need the hassle of this, so I'm asking for your recommendations of who the best of those 3 would be please?

    I know, it is exceedingly cheeky, but I really do need expert advice on this as I don't have the time to investigate them in the timeframe Spring want it (today!) so the contract can be sorted out.

    Many, many thanks in advance!

  2. #2

    Fingers like lightning

    Andy Hallett's Avatar
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    Quote Originally Posted by alikat View Post
    Hi

    I've been contracting for 15 odd years, using a mixture of Umbrella Co's initially then I had a Ltd Co (which I failed at running!!), and now I'm using another Umbrella

    I need this new contract, as my Mum has just been told she potentially has Cancer and I need to be local to home, not living in a hotel all week, especially as my Dad has Alzheimers!!

    Spring (who my new contract is with) have advised that I can't use my current Co as they are not on their preferred supplier list and fail their credit checks.

    So, their choices are

    Giant
    Pay Stream
    Clear Accountancy

    With working my notice in my current contract, creating handover notes & stressing over my Mum, I don't need the hassle of this, so I'm asking for your recommendations of who the best of those 3 would be please?

    I know, it is exceedingly cheeky, but I really do need expert advice on this as I don't have the time to investigate them in the timeframe Spring want it (today!) so the contract can be sorted out.

    Many, many thanks in advance!
    I don't know Clear.

    Both Giant and Paystream are on our list, and get good feedback from our contractors. Get an illustration from them and work out who's service suits you best would be my advice.

  3. #3

    Contractor Among Contractors

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    Quote Originally Posted by alikat View Post
    Spring (who my new contract is with) have advised that I can't use my current Co as they are not on their preferred supplier list and fail their credit checks.
    Credit checks? Do Spring plan on lending money to your umbrella company?
    Contracting: more of the money, less of the sh1t

  4. #4

    Nervous Newbie


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    Thank you both

    I've had illustrations from both Giant & Paystream - I'd lose about 15% of what I get now by using them

    I know Addeco are huge, but can I dig my heels in and insist they use my current company?

  5. #5

    Double Godlike!

    malvolio's Avatar
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    Quote Originally Posted by alikat View Post
    Thank you both

    I've had illustrations from both Giant & Paystream - I'd lose about 15% of what I get now by using them

    I know Addeco are huge, but can I dig my heels in and insist they use my current company?
    You can ask, but the bean c(o)unters in charge probably won't permit it. And seriously, right now it looks like you really don't need the hassle.
    Blog? What blog...?

  6. #6

    Nervous Newbie


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    You are quite correct there

    I'm just going to have to suck it up & lose the 15% as I can't be doing with the hassle of running a Ltd again either




    Thanks

  7. #7

    Umbrella Queen

    LisaContractorUmbrella's Avatar
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    All umbrella companies should work in the same way so there is no way you should be losing 15% of your take home moving from one to another - the only difference should be their margin
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    ContractorUK Best Forum Advisor 2015

  8. #8

    My post count is Majestic

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    I hate to point this out while Lisa is posting in this thread but Paystream did win the best brollie award this year...

    ContractorUK Readers' Awards 2012: the winners :: Contractor UK
    'CUK forum personality of 2011 - Winner - Yes really!!!!

  9. #9

    Umbrella Queen

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    Quote Originally Posted by northernladuk View Post
    I hate to point this out while Lisa is posting in this thread but Paystream did win the best brollie award this year...

    ContractorUK Readers' Awards 2012: the winners :: Contractor UK
    That's all right NL sniff I don't mind sniff
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  10. #10

    My post count is Majestic

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    Quote Originally Posted by LisaContractorUmbrella View Post
    That's all right NL sniff I don't mind sniff
    Us runners uppers have to stick together and support each other Lisa!! <pats gently>

    Have to say even though they were runners up the year before where did they come from? I can't remember anyone on here saying they were a client of theirs, particularly in the accounting section. I can only find one post from someone using them and not a single recommedation for their accountancy.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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