EASTBOURNE COLLEGE (INCORPORATED)

PaymentCheck Score 2024
94Excellent
0.8vs last year
#611 in UK
#20 in Education
#98 in South East

Company Information

Company Number
00115408
Registered Address
Marlborough House, Old Wish Road, Eastbourne, Sussex, BN21 4JY
Status
Active
Employee Count
445
Turnover
£25,767,000
EBITDA
£1,913,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
22 April 1911
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
13 days
Shortest Period:14 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms19%

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)

Performance Reports History

Reporting Period Filed: 2024-06-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202428 Jun 20241397%3%1%22%
01 Mar 2023 - 31 Aug 202328 Jun 20241398%1%1%19%
01 Sept 2022 - 28 Feb 202302 Jun 20231399%1%0%18%
01 Mar 2022 - 31 Aug 202202 Jun 20231397%3%1%28%
01 Sept 2021 - 28 Feb 202216 Aug 20222082%13%5%19%
01 Mar 2021 - 31 Aug 202118 Mar 20223077%16%6%17%
01 Sept 2020 - 28 Feb 202123 Jul 20212779%15%6%15%
01 Mar 2020 - 31 Aug 202018 Dec 20202974%18%8%20%
01 Sept 2019 - 29 Feb 202018 Dec 20202674%20%6%23%

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

Standard payment terms are agreed with each supplier separately and are usually between 14 and 30 days. Payment runs are made weekly. Where there are individuals or small businesses every effort is made to make a payment as soon as possible.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

Any query or dispute is dealt with in the first instance by the accounts payable team within 7 days. A supplier statement may be requested along with any missing invoices. Unresolved issues are referred to the Finance Director.

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

EASTBOURNE COLLEGE (INCORPORATED) is a prestigious co-educational independent school located in East Sussex, England. The college has a long history dating back to 1867 and has established itself as a leading educational institution in the region.

The college offers a wide range of academic, artistic, and sporting programs for students aged 13 to 18 years. These include A-levels, the International Baccalaureate, and a variety of extracurricular activities such as music, drama, and sports.

In recent years, EASTBOURNE COLLEGE has placed a strong emphasis on sustainability and has implemented various initiatives to reduce its environmental impact. The college has a sustainability program in place that focuses on energy efficiency, waste reduction, and promoting sustainable habits among students and staff. The college also has a designated sustainability officer who oversees these efforts.

One of the notable sustainability initiatives of EASTBOURNE COLLEGE is its use of renewable energy sources. The college has installed solar panels on its buildings to generate clean energy and has also implemented a recycling program to reduce waste. In addition, the college has a green travel plan in place to encourage students and staff to use public transport or walk/cycle to the campus.

The college also offers a range of sustainable products and services, such as environmentally-friendly school uniforms and a sustainable dining program that focuses on locally-sourced and organic ingredients.

The key people at EASTBOURNE COLLEGE include the Principal, Mr. Tom Lawson, and the Chair of Governors, Mr. Ian Bowring. The college also has a team of dedicated teachers and staff who work towards providing a high-quality education for their students.

For those interested in learning more about EASTBOURNE COLLEGE, their website address is www.eastbourne-college.co.uk. The registered office address is Old Wish Road, Eastbourne, East Sussex, BN21 4JX, England.

In conclusion, EASTBOURNE COLLEGE (INCORPORATED) is a well-established independent school with a strong focus on sustainability. Through its sustainability program, the college is making significant efforts to reduce its environmental impact and promote sustainable practices among its students and staff. With its wide range of academic and extracurricular programs, EASTBOURNE COLLEGE continues to provide a top-quality education for its students while also prioritizing sustainability.

Financial Metrics

Cash
£3,130,000
Net Worth
£48,398,000
Total Current Assets
£3,946,000
Total Current Liabilities
£10,962,000

Company Location