The Oil & Gas market remains in flux; we see news stories on a daily basis about the fluctuating price of oil, and the attendant effect this has upon the fortunes of the Oil & Gas industry. The ongoing low price of oil makes it more important than ever for contractors to ensure that they are contracting with recruitment companies that have a solid financial footing.
With nearly half a century of experience in the Oil & Gas industry, Fircroft is one of the few global recruitment companies to hold the prestigious Dun & Bradstreet 5A1 credit rating; the highest possible indicator of financial strength.
What is the D&B Rating?
The D&B Rating provides a quick and clear indication of the credit-worthiness of an organisation, which helps you to identify opportunities for growth, and risks that could affect bad debt and cashflow.
The D&B Rating is made up of two parts:
• Financial strength: based on Tangible Net Worth from the latest financial accounts.
• Risk indicator- Derived from the D&B Failure Score but also takes into account expert rules and overrides.
Our D&B Rating provides you with the reassurance that when you contract with Fircroft, you and your career are in safe hands.
Stuart Hall, Fircroft’s Chief Financial Officer, comments:
“Fircroft has expanded considerably in recent years by building and maintaining long-term relationships. Our growth has been both organic allowing us to build up considerable financial foundations and through acquisition. At a time of market turbulence Fircroft has the strength to acquire leading companies such as Rygon and One Key Resources and to enter into joint ventures across the globe. As a contractor you can have confidence that Fircroft has the financial capacity to take care of you and your career for years to come.”
When you are working for a company, you want to have confidence in their payroll systems. With Fircroft you benefit from an established and experienced in-house international payroll team that manages all contractor payroll and accounting services. Over 8,000 contractors now benefit from Fircroft’s secure, timely and professional pay mechanism worldwide.
If, in the midst of a turbulent marketplace, you want to deal with a financially strong organisation, speak to Fircroft today.