WYCLIFFE COLLEGE (INCORPORATED)

Company Information

Company Number
00255632
Registered Address
Finance Department Wycliffe College, Regent Street, Stonehouse, Glos, GL10 2AD
Status
Active
Employee Count
329
Turnover
£18,006,000
EBITDA
-£379,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
10 April 1931
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
Industries
Care Services, Education
Region
South West

Time to Pay

Average Time to Pay
32 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
50%
31-60 Days
45%
After 60 Days
5%
Not Paid Within Terms11%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-12-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2018 - 28 Feb 201922 Mar 20193056%40%4%10%

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

Invoices are paid in accordance with payment terms set by our suppliers

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

60

Dispute Resolution Process

Generally any dispute would be resolved by telephone or email between Purchase Ledger and supplier in conjunction with the department who placed the order. If the dispute remains unresolved it would be referred to the Director of Finance & Operations.

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

Wycliffe College (Incorporated) is a prestigious educational institution located in Stonehouse, Gloucestershire, England. Founded in 1882, the college provides high-quality education to over 600 students from nursery to sixth form.

The college has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. They have a comprehensive recycling program, use energy-efficient lighting and heating systems, and have installed solar panels on their campus. Additionally, the college has an active student-led sustainability group that organizes events and campaigns to raise awareness about environmental issues.

Wycliffe College offers a wide range of academic courses, including A-levels, GCSEs, and International Baccalaureate. The college also has a strong focus on extracurricular activities, offering sports teams, music and drama clubs, and various societies for students to participate in.

The college is led by a team of dedicated staff, including the Headmaster, Mr. Nick Gregory, and the Chair of Governors, Mr. Tim Hardingham. They are supported by a team of experienced teachers and support staff who are committed to providing a nurturing and challenging learning environment for students.

For more information on Wycliffe College, their products and services, and their sustainability efforts, interested parties can visit their website at www.wycliffe.co.uk. The registered office address for the college is Wycliffe College, Bath Road, Stonehouse, Gloucestershire, GL10 2JQ, United Kingdom.

Financial Metrics

Cash
£1,280,673
Net Worth
£23,264,490
Total Current Assets
£5,459,516
Total Current Liabilities
£9,279,367

Company Location