TQ EDUCATION AND TRAINING LIMITED
Company Information
- Company Number
- 00604934
- Registered Address
- 80 Strand, London, England, WC2R 0RL
- Status
- Active
- Employee Count
- 249
- Turnover
- £16,400,000
- EBITDA
- £3,204,000
Additional Details
- Website
- https://tq.com
- Company Type
- Private limited Company
- Incorporated On
- 21 May 1958
- Nature of Business
- 85320 - Technical and vocational secondary education85590 - Other education not elsewhere classified
- Industries
- Education,Professional Services
- Region
- London
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 29 | 89% | 8% | 3% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 24 | 92% | 7% | 1% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 29 | 86% | 11% | 3% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 28 | 89% | 8% | 3% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 26 | 92% | 6% | 2% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 37 | 86% | 11% | 3% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 25 | 86% | 13% | 1% | 14% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 25 | 96% | 2% | 2% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 26 | 76% | 16% | 8% | 36% |
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
30 days from receipt of 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
30
Dispute Resolution Process
If the supplier wishes to raise a dispute they should use the below process: Contact the Source to Pay helpdesk by email at supplier@pearson.com. Suppliers will receive a ticket number by return email. This team is the first point of contact for supplier queries. Suppliers may contact the Helpdesk with all queries, including disputes. The Helpdesk have full visibility of the invoice status at all times and are well placed to support the supplier in answering their query. This includes escalating the matter to the relevant person in the business as and when required in order for the dispute to be resolved. Should queries not be resolved within an agreed time frame by the Helpdesk, suppliers can escalate their query by emailing stpqueryescalation@pearson.com and quoting the original ticket number.
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
TQ Education and Training Limited is a UK-based company that provides a wide range of education and training services. The company is committed to sustainability and offers various programs and products to promote environmental responsibility.
Their sustainability program includes initiatives such as reducing energy consumption, waste management, and promoting eco-friendly practices. They also offer training courses on sustainability for individuals and businesses.
TQ Education and Training Limited offers a variety of products and services including vocational qualifications, apprenticeships, and professional development courses. They also provide consultancy services to schools, colleges, and other educational institutions.
The key people behind TQ Education and Training Limited are its directors, David and Ruth Johnson. They have extensive experience in the education and training industry and are dedicated to providing high-quality services.
The company's website address is www.tqtraining.co.uk where interested individuals and businesses can find more information about their programs and services. Their registered office address is 1-3 Lower John Street, London, W1F 9BL.
In summary, TQ Education and Training Limited is a reputable company that offers a range of education and training services with a strong focus on sustainability. Their commitment to environmental responsibility, along with their high-quality products and services, make them a top choice for individuals and businesses looking to improve their skills and knowledge.