ST BEDES SCHOOL TRUST SUSSEX
Company Information
- Company Number
- 01386499
- Registered Address
- Bede's Senior School, Upper Dicker, Hailsham, East Sussex, England, BN27 3QH
- Status
- Active
- Employee Count
- 582
- Turnover
- £37,433,000
- EBITDA
- £2,785,000
Additional Details
- Website
- https://bedes.org
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 1 September 1978
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education
- Industries
- Care Services, Education
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
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.
Volatility Analysis
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.
Summary Analysis
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.
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 2017 - 28 Feb 2018 | 28 Mar 2018 | 18 | 82% | 17% | 1% | 65% |
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
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
Dispute Resolution Process
No standard process. All disputes dealt with on a case by case basis and monitored by the bursar's office.
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?
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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
Company Summary
ST BEDE'S SCHOOL TRUST SUSSEX is a leading educational institution in the UK, offering high-quality education to students from nursery to sixth form. The trust was established in 1868 and currently has four schools under its wing - St Bede's School, St Peter's School, St Margaret's School and St Wilfrid's School.
The trust is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste and promoting sustainable practices among students and staff. They also have a Sustainability Committee that oversees the implementation of these initiatives.
Apart from their focus on sustainability, ST BEDE'S SCHOOL TRUST SUSSEX also offers a wide range of products and services to their students. This includes a well-rounded curriculum, excellent facilities, and a variety of extracurricular activities such as sports, music, and drama. The trust also provides pastoral care and support for students to ensure their overall well-being.
The key people behind the success of ST BEDE'S SCHOOL TRUST SUSSEX include the trustees, headteachers, and dedicated staff members who work tirelessly to provide the best education for their students. The trust also has a strong alumni network, with many successful individuals who have graduated from their schools.
For more information about ST BEDE'S SCHOOL TRUST SUSSEX, their website address is www.stbedesschooltrust.org. The registered office address is St Bede's School, Upper Dicker, Hailsham, East Sussex, BN27 3QH. This prestigious trust continues to shape the minds of young individuals and prepare them for the future, making it a highly respected institution in the UK.
