The average time taken for ST BEDE'S SCHOOL TRUST SUSSEX to pay invoices has increased over the three periods, going from 18 days in Sep 2017 - Feb 2018 to 19.7 days in Sep 2018 - Feb 2019. This is a 9.4% increase.
The volatility of the company's invoice payment time has also slightly increased, with a range of 1.7 days in the first period and 2.7 days in the third period.
Overall, the trend shows that ST BEDE'S SCHOOL TRUST SUSSEX has been taking longer to pay invoices. The volatility has also slightly increased, indicating a less consistent payment pattern. The percentage of invoices paid within 30 days has decreased, while the percentage of invoices paid later than 60 days has significantly increased. The standard payment period has remained consistent.
| 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 2017 - 28 Feb 2018 | 28 Mar 2018 | 18 | 82% | 17% | 1% | 65% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Do not have a standard terms. Most frequently used is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
No standard process. All disputes dealt with on a case by case basis and monitored by the bursar's office.
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
St Bede's School Trust Sussex is the trust that manages Bede's, an independent, co-educational school in East Sussex operating across sites in Eastbourne and Upper Dicker. Provision spans a nursery for children from three months old, a Prep School in Eastbourne, and a Senior School and Sixth Form at Upper Dicker, with a new Upper School due to open in Eastbourne from 2027 covering Years 7 to 11. The trust also encompasses Burgess Hill Girls, an all-girls school that joined the group while retaining its own identity. Facilities include boarding houses, sports provision, a dance academy and an on-site zoo. The company is registered as an active entity with Companies House, incorporated in 1978.
Generated from the company's website and Companies House records. Sources: bedes.org · bedes.org