ALPHA PLUS GROUP LIMITED
Company Information
- Company Number
- 00438111
- Registered Address
- Sixth Floor, 3 Burlington Gardens, London, United Kingdom, W1S 3EP
- Status
- Active
- Employee Count
- 1,025
- Turnover
- £114,280,000
- EBITDA
- £12,724,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 July 1947
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education85600 - Educational support services
- Industries
- Education
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for ALPHA PLUS GROUP LIMITED to pay invoices has generally decreased over the past three periods, with the most significant decrease occurring between the second and third periods. This indicates that the company is making efforts to pay invoices more quickly.
Volatility Analysis
The percentage of invoices paid within 30 days has shown some fluctuations over the past three periods, with the highest percentage occurring in the second period and the lowest in the third period. However, overall, the percentage has remained relatively stable.
Summary Analysis
In the most recent period (Sep 2021 - Feb 2022), ALPHA PLUS GROUP LIMITED took an average of 34 days to pay invoices, with 59% of invoices being paid within 30 days, 33% being paid between 31 and 60 days, and 8% being paid later than 60 days. This is an improvement from the previous period (Mar 2021 - Aug 2021), where the company took an average of 37 days to pay invoices, with 58% of invoices being paid within 30 days, 32% being paid between 31 and 60 days, and 10% being paid later than 60 days.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Mar 2023 - 31 Aug 2023 | 28 Sept 2023 | 37 | 58% | 32% | 10% | 42% |
| 01 Sept 2022 - 28 Feb 2023 | 27 Mar 2023 | 35 | 64% | 26% | 10% | 36% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 33 | 66% | 27% | 7% | 34% |
| 01 Sept 2021 - 28 Feb 2022 | 29 Mar 2022 | 34 | 58% | 35% | 7% | 42% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 34 | 59% | 33% | 8% | 41% |
| 01 Sept 2020 - 28 Feb 2021 | 30 Mar 2021 | 36 | 57% | 34% | 9% | 43% |
| 01 Mar 2020 - 31 Aug 2020 | 28 Jan 2021 | 43 | 46% | 38% | 16% | 54% |
| 01 Sept 2019 - 29 Feb 2020 | 28 Jan 2021 | 34 | 54% | 39% | 7% | 46% |
| 01 Mar 2019 - 31 Aug 2019 | 18 Dec 2019 | 28 | 69% | 26% | 5% | 31% |
| 01 Sept 2018 - 28 Feb 2019 | 12 Apr 2019 | 29 | 61% | 33% | 6% | 39% |
| 01 Mar 2018 - 31 Aug 2018 | 13 Nov 2018 | 29 | 69% | 25% | 6% | 31% |
| 01 Sept 2017 - 28 Feb 2018 | 23 Mar 2018 | 34 | 57% | 34% | 9% | 43% |
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
The Company deems 30 days to be its standard payment term unless specific agreement has been reached with a particular supplier.
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
30
Dispute Resolution Process
Queries raised by suppliers would be considered by the Company's respective school in the first instance. If not resolved, the matter would be passed to the Company's Finance Department based at the Company's registered office.
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
ALPHA PLUS GROUP LIMITED is a leading education provider in the UK, offering a range of high-quality education services to students of all ages. The company was founded in 1931 and has since grown to become a trusted name in the education sector.
The company's sustainability program is an integral part of its operations, with a focus on reducing its environmental impact and promoting social responsibility. This includes initiatives such as energy-efficient buildings, waste management, and promoting sustainable travel options for staff and students.
ALPHA PLUS GROUP LIMITED offers a wide range of educational services, including private schools, international schools, and adult education courses. Their schools are known for their academic excellence, with a strong emphasis on holistic development and individualized learning.
The key people at ALPHA PLUS GROUP LIMITED include the CEO, Julian Drinkall, and the Chairman, Sir John Ritblat. They are supported by a team of experienced educators and professionals who are committed to providing the best education for students.
For more information on their services, interested individuals can visit their website at www.alphaplusgroup.co.uk. The registered office address for the company is 50 Queen Anne Street, London W1G 8HJ.
In conclusion, ALPHA PLUS GROUP LIMITED is a well-established education provider in the UK with a strong sustainability program and a wide range of educational services. With a team of experienced professionals and a commitment to academic excellence, the company continues to be a leader in the education sector.
