RM EDUCATION LTD
Company Information
- Company Number
- 01148594
- Registered Address
- 142b Park Drive, Milton Park, Abingdon, Oxon, England, OX14 4SE
- Status
- Active
- Employee Count
- 679
- Turnover
- £95,546,000
- EBITDA
- -£8,410,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 November 1973
- Nature of Business
- 62090 - Other information technology service activities85600 - Educational support services
- Industries
- Software
- 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 Dec 2024 - 31 May 2025 | 30 Jun 2025 | 60 | 26% | 40% | 34% | 67% |
| 01 Jun 2024 - 30 Nov 2024 | 12 Dec 2024 | 59 | 17% | 53% | 30% | 41% |
| 01 Dec 2023 - 31 May 2024 | 25 Jun 2024 | 54 | 16% | 58% | 26% | 40% |
| 01 Jun 2023 - 30 Nov 2023 | 14 Dec 2023 | 62 | 35% | 43% | 22% | 85% |
| 01 Dec 2022 - 31 May 2023 | 27 Jun 2023 | 73 | 13% | 60% | 27% | 91% |
| 01 Dec 2021 - 31 May 2022 | 28 Jun 2022 | 36 | 68% | 22% | 10% | 13% |
| 01 Jun 2021 - 30 Nov 2021 | 16 Dec 2021 | 33 | 78% | 16% | 6% | 11% |
| 01 Dec 2020 - 31 May 2021 | 15 Jun 2021 | 36 | 75% | 16% | 9% | 13% |
| 01 Jun 2020 - 30 Nov 2020 | 14 Dec 2020 | 34 | 82% | 14% | 4% | 19% |
| 01 Dec 2018 - 31 May 2019 | 26 Jun 2019 | 30 | 77% | 14% | 9% | 27% |
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 majority of our contracts are usually 60 days from receipt of invoice, however there are instances where this can be adjusted as a result of wider contractual negotiations
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
90
Dispute Resolution Process
disputes must be raised with the accounts payable team at accountspayable@rm.com
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
RM Education Ltd is a British company that specializes in providing innovative technology solutions for the education sector. Founded in 1973, the company has a strong focus on sustainability and is committed to reducing its environmental impact.
The company offers a wide range of products and services, including cloud-based software, hardware, and support services, to help schools and educational institutions enhance their teaching and learning processes. Some of their popular products include RM Unify, a single sign-on solution for schools, and RM Integris, a school management system.
RM Education Ltd has a dedicated sustainability program, which includes initiatives such as reducing carbon footprint, using renewable energy sources, and promoting eco-friendly products. The company also encourages its employees to participate in volunteering and community projects to support sustainability.
The key people at RM Education Ltd include CEO David Brooks, who has been with the company since 2016, and CFO Neil Martin, who joined in 2019. The company also has a team of experienced education experts who work closely with schools to understand their needs and provide tailored solutions.
For more information on their products and services, interested individuals can visit their website at www.rm.com. The registered office address of RM Education Ltd is 140 Eastern Avenue, Milton Park, Abingdon, Oxfordshire, OX14 4SB, United Kingdom.
