What is an Umbrella Company?
An Umbrella Company is an outsourced employment and payroll provider for workers on temporary or fixed term assignments.
When a contractor registers with a Recruitment Company, they will often be referred to an Umbrella Company to complete their registration.
This function is often outsourced to allow recruiters to concentrate on sourcing assignments without the hassle of looking after employment and payroll and all the associated tasks and risks that come with it.
It also allows them to save costs and be competitive in their field.
The Umbrella Company will become the contractor’s employer and provide all their employment rights.
At New Red Planet, we offer a wide range of benefits to our employees including:
Professional Indemnity, Public Liability and Employer’s Liability insurance cover to protect contractors in the workplace
HR and legal support
Statutory benefits including Sick Pay, Maternity and Paternity Pay
Payroll flexibility
Dedicated portal to view payslips
Outstanding customer service
Paid for assignments with multiple agencies under one employer
Wide Selection of Payroll Options
New Red Planet may be an Umbrella company, but we offer a wide range of payroll options to suit both clients and contractors alike
PAYE Bureau
Relax whilst we run your whole PAYE payroll under your PAYE reference number and present you with a payment file and reports at the end of the week
Traditional PAYE
Handling all your PAYE paperwork and payroll to give you complete peace of mind.
Umbrella
Standard Umbrella PAYE payroll services.
PEO
(Professional Employment Model) – all the benefits of PAYE while benefiting from being employed by NRP
CIS
Self-employed with tax deducted at source
Don’t just take our word for it…
“We’ve worked with New Red Planet since December 2023 and they’re now our sole supplier of labour across multiple rail projects. Their reliability, professionalism, and flexibility set them apart, consistently meeting our needs and adapting at short notice.
The NRP team, led by Steve, provides consistent service and personal support, with clear communication across management and site workers. Issues are handled quickly and pay is always processed promptly and accurately.
Having both Umbrella and PAYE payroll options under one roof gives us a unique operational advantage and complete compliance.
NRP has proven to be a dependable, solution-driven partner and we have no hesitation in recommending them for any organisation needing high-quality labour supply.”
Dean Thomas,
Managing Director
“We’ve partnered with New Red Planet for over 9 years and they’ve consistently delivered a reliable, honest payroll service. Their adaptability and hands-on support stand out – not only do they manage payroll efficiently, but they’re always available to help our employees directly.
The flexibility of having both Umbrella and PAYE solutions under one roof makes the process smooth, responsive, and tailored to our needs. Steve, Phil, Stacy and the NRP team provide the kind of personal, committed service that truly makes a difference.”
Chloe Murphy,
Operations Director
“We’ve worked with New Red Planet since 2019 and they’ve consistently proven to be a reliable, professional partner. As our sole supplier, they provide seamless support for both our team and our workers, with clear communication and quick resolution of any issues.
Their prompt, accurate payroll builds trust across the board, and the flexibility of having both Umbrella and PAYE solutions under one roof is a unique advantage we haven’t found elsewhere. NRP’s consistency and responsiveness make them an invaluable partner.”
Jaimie Sinclair,
Managing Director
“We’ve worked with New Red Planet for almost 12 years and they’ve consistently shown reliability and professionalism as a payroll partner. They not only manage payroll efficiently but also provide our workers with outstanding customer service, resolving queries quickly and effectively.
Their dual-model payroll gives both flexibility and choice, with PAYE and Umbrella solutions offered at no extra cost, and all within full HMRC compliance. The NRP team deliver a seamless, personalised service, and we’d recommend them to any education agency seeking a dependable payroll provider.”
Ian Kennedy,
Company Director
Find out more about the different solutions we offer to contractors and agencies.
Find out more
If you would like to know more about New Red Planet Products or services, request an information pack by completing the quick form below