EDUCATION DEVELOPMENT TRUST
Company Information
- Company Number
- 00867944
- Registered Address
- Highbridge House, 16-18 Duke Street, Reading, England, RG1 4RU
- Status
- Active
- Employee Count
- 1,271
- Turnover
- £91,177,000
- EBITDA
- £1,881,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 31 December 1965
- Nature of Business
- 85310 - General secondary education85600 - Educational support services
- Industries
- Education,Professional Services
- Region
- South East
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 | 24 Mar 2025 | 19 | 92% | 7% | 1% | 8% |
| 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 Sept 2018 - 28 Feb 2019 | 27 Mar 2019 | 21 | 85% | 14% | 1% | 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 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
Dispute Resolution Process
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.
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.
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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?
❌
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
Education Development Trust is a UK-based organization that works towards improving education outcomes for children and young people around the world. The organization was founded in 1968 and has since then been dedicated to providing high-quality education services and support to schools, governments, and other educational institutions.
One of the main focuses of Education Development Trust is its sustainability program, which aims to ensure that education systems are resilient and can adapt to changing circumstances. The program works towards promoting sustainable practices in education, such as reducing carbon footprint, promoting gender equality, and enhancing community engagement.
The organization offers a range of products and services, including school improvement programs, teacher training, curriculum development, and education research and evaluation. Their services are tailored to the needs of each country or region, taking into account local context and challenges.
The key people at Education Development Trust include their CEO, Steve Munby, who has over 30 years of experience in the education sector, and their Board of Trustees, who bring a wealth of expertise and knowledge to the organization. The organization also has a team of over 500 education experts and consultants who work on projects around the world.
For more information, Education Development Trust can be contacted through their website, www.educationdevelopmenttrust.com. Their registered office address is Highbridge House, 16-18 Duke Street, Reading, Berkshire, RG1 4RU, United Kingdom.
