MILLFIELD
Company Information
- Company Number
- 00522385
- Registered Address
- Millfield, Street, Somerset, BA16 0YD
- Status
- Active
- Employee Count
- 590
- Turnover
- £57,879,000
- EBITDA
- £9,177,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 4 August 1953
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Sept 2024 - 28 Feb 2025 | 17 Apr 2025 | 22 | 86% | 10% | 4% | 34% |
| 01 Sept 2023 - 29 Feb 2024 | 28 Mar 2024 | 24 | 83% | 10% | 6% | 30% |
| 01 Mar 2023 - 31 Aug 2023 | 29 Sept 2023 | 28 | 71% | 21% | 8% | 46% |
| 01 Sept 2022 - 28 Feb 2023 | 31 Mar 2023 | 31 | 60% | 34% | 6% | 67% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 36 | 47% | 44% | 9% | 74% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 36 | 40% | 51% | 9% | 73% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 33 | 44% | 51% | 5% | 80% |
| 01 Sept 2020 - 28 Feb 2021 | 31 Mar 2021 | 37 | 41% | 52% | 7% | 81% |
| 01 Mar 2020 - 31 Aug 2020 | 01 Oct 2020 | 41 | 32% | 54% | 14% | 83% |
| 01 Sept 2019 - 29 Feb 2020 | 26 Mar 2020 | 29 | 63% | 32% | 5% | 53% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 28 | 86% | 10% | 4% | 26% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 24 | 86% | 10% | 4% | 25% |
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
Millfield is committed to meeting its obligation as they fall due. The standard payment term is net 28 days. Suppliers with alternative payment dates are used and agreement to non standard payment terms is based upon the discretion of the budget holder, custom and practice, size of supplier and nature of product or service being provided.
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
180
Dispute Resolution Process
When the Finance office is made aware of a dispute the budget holder is notified. The budget holder is responsible for following up and resolving any disputes with the supplier. Where the budget holder is unable to resolve the dispute, assistance will be sought from the Finance Controller, Finance Director , and Legal advisors as appropriate.
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
MILLFIELD is a leading independent school in the United Kingdom, offering education to students from ages 2 to 18. The school is located in Somerset and was founded in 1935. It has a strong focus on sustainability and offers a wide range of services and products to its students and the wider community.
The sustainability program at MILLFIELD includes a variety of initiatives aimed at reducing the school's environmental impact and promoting sustainable practices. This includes a recycling program, energy-saving measures, and a commitment to using local and ethically sourced products.
MILLFIELD offers a diverse range of academic and extracurricular activities to its students, including a strong emphasis on sports and the arts. The school has a renowned music and drama department and its students regularly participate in national and international competitions.
Key people at MILLFIELD include the Headmaster, Gavin Horgan, who has been in the role since 2019 and has a strong background in education and sports. The school also has a team of dedicated teachers and staff who are committed to providing the best education and support to their students.
For more information on MILLFIELD, their website address is www.millfieldschool.com. Their registered office address is Butleigh Road, Street, Somerset, BA16 0YD, UK. The school can also be contacted via email at enquiries@millfieldschool.com or by phone at +44 (0)1458 444 560.
