Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 93.02/100 qualifies for PaymentCheck Certification
| 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 2025 - 28 Feb 2026 | 30 Mar 2026 | 21 | 92% | 7% | 1% | 6% |
| 01 Mar 2025 - 31 Aug 2025 | 23 Sept 2025 | 21 | 92% | 7% | 1% | 8% |
| 01 Sept 2024 - 28 Feb 2025 | 24 Mar 2025 | 19 | 92% | 7% | 1% | 8% |
| 01 Mar 2024 - 31 Aug 2024 | 30 Sept 2024 | 20 | 87% | 12% | 1% | 13% |
| 01 Sept 2023 - 29 Feb 2024 | 25 Mar 2024 | 22 | 83% | 15% | 2% | 17% |
| 01 Mar 2023 - 31 Aug 2023 | 28 Sept 2023 | 21 | 86% | 13% | 1% | 14% |
| 01 Sept 2022 - 28 Feb 2023 | 31 Mar 2023 | 21 | 87% | 13% | 0% | 13% |
| 01 Mar 2022 - 31 Aug 2022 | 21 Sept 2022 | 21 | 84% | 16% | 0% | 16% |
| 01 Sept 2021 - 28 Feb 2022 | 29 Mar 2022 | 22 | 81% | 19% | 0% | 19% |
| 01 Mar 2021 - 31 Aug 2021 | 06 Oct 2021 | 22 | 83% | 17% | 0% | 17% |
| 01 Sept 2020 - 28 Feb 2021 | 23 Mar 2021 | 21 | 91% | 8% | 1% | 9% |
| 01 Mar 2020 - 31 Aug 2020 | 29 Sept 2020 | 21 | 91% | 8% | 1% | 9% |
| 01 Sept 2019 - 29 Feb 2020 | 19 Mar 2020 | 22 | 82% | 17% | 1% | 18% |
| 01 Mar 2019 - 31 Aug 2019 | 27 Sept 2019 | 22 | 85% | 14% | 1% | 15% |
| 01 Sept 2018 - 28 Feb 2019 | 27 Mar 2019 | 21 | 85% | 14% | 1% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 30 days from receipt of a correctly addressed invoice. The invoice must include a valid Education Development Trust purchase order number or the invoice will be returned to the supplier. The only exception to this is for invoices for utilities, where a purchase order is not required. Our standard payment method is BACS.
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
Payment queries should be addressed to the Transactional Processing Team at Head Office, who will then work with the relevant internal department to resolve. Disputes directly relating to the delivery of the goods or the supply of services will be resolved between the supplier and the individual who placed the order.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Education Development Trust, registered in England since 1965, previously traded as the Centre for British Teachers and later CfBT Education Trust before adopting its current name. It is a registered charity and company limited by guarantee, delivering secondary education and educational support services. The trust runs government-funded teacher training and professional development programmes, including Early Career Framework and National Professional Qualification contracts for the Department for Education, and provides employability and careers services to young people and adults. It heads a group of subsidiaries covering school trusts and education services, with several dormant or dissolved former entities, and holds property assets in England and Wales linked to its educational operations.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk