Working Capital
Greater control over cash-flow timing and the potential to reduce intermediary margins and duplicated costs.
Direct Engagement changes how cash and margin move through your agency's supply chain. Use the calculator below to explore the indicative cash-flow timing and cost-structure impact of engaging and paying workers directly rather than through an intermediary.
COMMERCIAL BENEFITS
A clearer view of how funds move through your supply chain.
The same way of working that supports control, transparency and confidence can also improve visibility over cash-flow timing and reduce duplicated worker registrations and third-party interfaces across the supply chain.
Visibility over cash-flow timing
- Greater visibility over how funds move through the supply chain
- Improved visibility over cash-flow timing
- Fewer third-party interfaces and reconciliations
Cost structure and information
- One accessible source of workforce information and supporting evidence
- The potential to reduce intermediary margins and duplicated costs
- Greater control over the worker experience
- Better information for client and audit enquiries
Commercial outcomes will depend on factors including the workforce profile, engagement routes, funding requirements, payment timing, workforce costs and Kova's fees.
WORKING CAPITAL CALCULATOR
See the indicative impact for your agency.
Adjust the active workers, intermediary margin and pension postponement setting. Figures are scenario-based and illustrative — statutory amounts remain payable when due.
Pensions AE postponement
Under Direct Engagement, statutory amounts stay under your control until they fall due, which can improve visibility over cash-flow timing and cost structure. Outcomes will depend on workforce profile, engagement routes, payment timing, workforce costs and Kova's fees.
Weekly cash retained before statutory payments fall due
£35,865
Cash retained each week because the agency is not funding the full intermediary invoice upfront. It is held until PAYE, NI, pension and VAT fall due.
Average additional cash under agency control
£256,210
The average estimated additional cash under agency control during the calculation period.
Illustrative annual operating cost difference
£126,530
Indicative difference in annual operating costs. Not a guaranteed saving — statutory amounts remain payable when due.
52-week bank position: Intermediary vs Kova/direct
Day 1 cash outflow comparison
This calculator is for illustration only. It is not tax, legal, payroll or financial advice. It does not remove statutory liabilities. PAYE, National Insurance, pension contributions, VAT and other amounts remain payable when due. The figures are based on simplified assumptions and should be reviewed against the agency's actual worker numbers, rates, VAT position, payroll cycle and pension arrangements.
Want this calculated using your actual worker numbers?
Want a tailored working capital review?
We can model your actual worker numbers, pay rates, client margins and overheads to give you a clearer picture of the cash-flow timing and cost implications.