STSWITHUNS SCHOOLWINCHESTER

PaymentCheck Score 2023
91Excellent
0.4vs last year
#876 in UK
#44 in Education
#130 in South East

Company Information

Company Number
00110692
Registered Address
St. Swithun's School, Alresford Road, Winchester, Hampshire, SO21 1HA
Status
Active
Employee Count
335
Turnover
£17,782,000
EBITDA
£1,062,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
8 July 1910
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
18 days
Shortest Period:10 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
88%
31-60 Days
10%
After 60 Days
2%
Not Paid Within Terms12%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The time taken for ST.SWITHUNS SCHOOL(WINCHESTER) to pay invoices has remained relatively consistent, with only a slight decrease from 21 days to 18 days over the course of the past three periods.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has ranged from 81% to 89%, while the percentage of invoices paid later than 60 days has ranged from 1% to 4%. This shows that the company has been consistent in paying within 30 days, but there has been some fluctuation in the percentage of invoices paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2023-08-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2023 - 31 Jul 202331 Aug 20231888%10%2%12%
01 Aug 2022 - 31 Jan 202322 Feb 20231986%12%2%13%
01 Feb 2022 - 31 Jul 202201 Sept 20221989%8%3%10%
01 Aug 2021 - 31 Jan 202225 Feb 20221987%12%1%13%
01 Feb 2021 - 31 Jul 202125 Aug 20211887%10%3%12%
01 Aug 2020 - 31 Jan 202124 Feb 20212085%13%2%14%
01 Feb 2020 - 31 Jul 202027 Aug 20201985%12%3%14%
01 Aug 2019 - 31 Jan 202025 Feb 20201986%11%3%14%
01 Feb 2019 - 31 Jul 201902 Sept 20192087%11%2%13%
01 Aug 2018 - 31 Jan 201906 Mar 20192281%15%4%19%
01 Feb 2018 - 31 Jul 201830 Aug 20182186%11%3%14%
01 Aug 2017 - 31 Jan 201828 Feb 20182184%13%3%13%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days (net) from date of invoice. Non-Corporate bodies, charities, clubs and societies will be paid as soon as the invoice has been appropriately authorised

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

45

Dispute Resolution Process

Disputed invoices are notified to the supplier as soon as made aware, with an aim of 14 days from receipt of invoice

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

St. Swithun's School is a prestigious independent day and boarding school located in Winchester, Hampshire. The school was founded in 1884 and offers education for boys and girls aged 3 to 18 years old.

The school's curriculum is based on the National Curriculum of England and Wales, and it also offers a wide range of extracurricular activities including sports, music, drama, and outdoor pursuits. St. Swithun's has a strong focus on sustainability and offers various programs and initiatives to promote environmental consciousness among its students.

One of its notable sustainability programs is the Green Committee, which is made up of staff and students who work together to implement green initiatives across the school. The school has also implemented various measures to reduce its carbon footprint, such as using renewable energy sources and promoting recycling and waste reduction.

St. Swithun's School offers a range of products and services to its students and their families, including a well-rounded education, access to state-of-the-art facilities, and a welcoming community. The school also offers boarding facilities for students, allowing them to fully immerse themselves in the school's vibrant community.

The school is led by Headmistress Jane Gandee, who is supported by a team of dedicated staff and teachers. The school also has a Board of Governors who oversee its operations and ensure the school's success.

For more information about St. Swithun's School, including its sustainability initiatives, curriculum, and admissions process, you can visit their website at www.stswithuns.com. The school's registered office address is Alresford Road, Winchester, Hampshire, SO21 1HA, United Kingdom.

Financial Metrics

Cash
£6,043,268
Net Worth
£32,927,055
Total Current Assets
£6,654,594
Total Current Liabilities
£3,819,286

Company Location