FIELD STUDIES COUNCIL

PaymentCheck Score 2022
80Good
1.6vs last year
#1745 in UK
#80 in West Midlands

Company Information

Company Number
00412621
Registered Address
Preston Montford, Montford Bridge, Shrewsbury, SY4 1HW
Status
Active
Employee Count
368
Turnover
£17,022,000
EBITDA
£1,855,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
13 June 1946
Nature of Business
85590 - Other education not elsewhere classified
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
26 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
66%
31-60 Days
27%
After 60 Days
7%
Not Paid Within Terms7%

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: 2023-02-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202201 Feb 20232666%27%7%7%
01 Jan 2021 - 30 Jun 202103 Sept 20213268%25%7%7%
01 Aug 2020 - 31 Dec 202003 Sept 20213648%39%13%26%
01 Jul 2019 - 31 Dec 201928 Jan 20204578%18%4%8%
01 Jan 2019 - 30 Jun 201929 Jul 20194580%18%2%8%
01 Jul 2018 - 31 Dec 201825 Jan 20194565%27%8%15%
01 Jan 2018 - 30 Jun 201830 Jul 2018455%90%5%15%

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

Our standard payment terms are 45 days from the date of the invoice

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

365

Dispute Resolution Process

Any disputes regarding invoices are escalated by the Finance Department to the relevant Manager. Should the dispute not be resolved at this level, it will be escalated to the Financial Controller

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

The Field Studies Council (FSC) is a UK-based charity organization that aims to educate and inspire people about the natural world through hands-on outdoor experiences. They offer a wide range of courses and activities, including field trips, residential courses, and training programs for both individuals and groups.

The FSC has a strong focus on sustainability and environmental conservation. They have a sustainability program in place, which includes measures such as using renewable energy sources, reducing waste, and promoting sustainable practices. They also have an eco-friendly product line, including sustainable wood products and recycled stationery.

The FSC has a team of dedicated experts and educators who lead their activities and programs. They also have a network of over 1,300 tutors and volunteers who help to deliver their courses and initiatives. Some key people involved with the FSC include Chief Executive Rob Lucas, Director of Learning and Engagement Jo Cheeseman, and Director of Finance and Resources Simon Taylor.

Contact information for the FSC can be found on their website, which is www.field-studies-council.org. Their registered office address is Field Studies Council, Preston Montford, Montford Bridge, Shrewsbury, Shropshire, SY4 1HW. Overall, the FSC is a leading organization in providing outdoor education and promoting sustainability in the UK.

Financial Metrics

Cash
£3,653,657
Net Worth
£15,096,207
Total Current Assets
£5,403,555
Total Current Liabilities
£6,892,435

Company Location