About The Cinch Group
The Cinch Group is a company based in Sheffield (United Kingdom) founded in 2000. It operates as a B2B. The Cinch Group offers products and services including Payroll Bureau, PAYE Umbrella, CIS, Pay Calculator, and Outsource IR35. The Cinch Group operates in a competitive market with competitors including Azets, XTM, Wage, Perquest and Resourcing Edge, among others.
- Headquarter Sheffield, United Kingdom
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Cinch Group Limited
- Date of Incorporation 20 Aug, 2020
- Jurisdiction HOOK, HAMPSHIRE, UNITED KINGDOM
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Annual Revenue
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Latest Funding Round
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Employee Count
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Products & Services of The Cinch Group
The Cinch Group offers a comprehensive portfolio of products and services, including Payroll Bureau, PAYE Umbrella, CIS, Pay Calculator, and Outsource IR35. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages payroll for businesses to ensure accurate and timely payments.
Offers employed status for contractors with flexible contracting options.
Handles self-employment under Construction Industry Scheme for tax purposes.
Provides tools to calculate payments and deductions for contractors.
Supports off-payroll compliance and back office functions for businesses.
Funding Insights of The Cinch Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by The Cinch Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Cinch Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Cinch Group Comparisons
Competitors of The Cinch Group
The Cinch Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Azets, XTM, Wage, Perquest and Resourcing Edge, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online accounting, tax, and audit management services for small businesses
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| domain | founded_year | HQ Location |
On-demand payment solutions are provided for service industry businesses.
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| domain | founded_year | HQ Location |
Payroll management services are provided to businesses.
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| domain | founded_year | HQ Location |
Functions as an online firm providing payroll and HR services.
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| domain | founded_year | HQ Location |
Human capital management solutions are delivered to enterprises.
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| domain | founded_year | HQ Location |
RPA consulting, implementation, and delivery services are offered by Norian.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about The Cinch Group
When was The Cinch Group founded?
The Cinch Group was founded in 2000.
Where is The Cinch Group located?
The Cinch Group is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.
What does The Cinch Group do?
Cinch Group specializes in payroll services, including bureau administration, PAYE umbrella, and CIS for the construction industry. They offer back office support and outsourcing tools like pay calculators to handle compliance and payments efficiently. Based in Sheffield, UK, they serve contractors, recruiters, and businesses by acting as an extension to manage financial and HR needs, ensuring timely and accurate processing.
Who are the top competitors of The Cinch Group?
What products or services does The Cinch Group offer?
The Cinch Group offers Payroll Bureau, PAYE Umbrella, CIS, Pay Calculator, and Outsource IR35.