Industry ranking
| 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 | 31 Mar 2026 | 29 | 61% | 38% | 1% | 8% |
| 01 Mar 2025 - 30 Sept 2025 | 31 Oct 2025 | 27 | 65% | 34% | 1% | 7% |
| 01 Mar 2024 - 31 Aug 2024 | 28 Nov 2024 | 29 | 63% | 34% | 3% | 7% |
| 01 Sept 2023 - 29 Feb 2024 | 18 Mar 2024 | 31 | 58% | 36% | 5% | 12% |
| 01 Sept 2022 - 28 Feb 2023 | 17 Mar 2023 | 32 | 62% | 30% | 8% | 16% |
| 01 Mar 2022 - 31 Aug 2022 | 11 Oct 2022 | 35 | 70% | 22% | 8% | 19% |
| 01 Sept 2021 - 28 Feb 2022 | 11 Oct 2022 | 38 | 53% | 34% | 13% | 15% |
| 01 Mar 2021 - 31 Aug 2021 | 11 Oct 2022 | 43 | 48% | 36% | 17% | 13% |
| 01 Sept 2020 - 28 Feb 2021 | 11 Oct 2022 | 30 | 61% | 31% | 8% | 13% |
| 01 Mar 2020 - 31 Aug 2020 | 28 Sept 2020 | 18 | 79% | 20% | 1% | 7% |
| 01 Sept 2019 - 29 Feb 2020 | 30 Mar 2020 | 19 | 80% | 18% | 2% | 17% |
| 01 Mar 2019 - 31 Aug 2019 | 27 Sept 2019 | 34 | 46% | 49% | 5% | 36% |
| 01 Sept 2018 - 28 Feb 2019 | 10 Apr 2019 | 26 | 56% | 43% | 1% | 39% |
| 01 Sept 2017 - 28 Feb 2018 | 04 Apr 2018 | 28 | 53% | 44% | 2% | 43% |
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. Other suppliers are paid on the terms negotiated which are either mid-month following the month of the invoice date (maximum of 46 days payment terms) or the end of the month thereafter (maximum of 62 days payment terms).
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
60
Disputes are resolved by the relevant department through negotiation with the supplier and the respective accounts payable, credit control departments or purchasing and sales teams. If a dispute cannot be resolved, it is passed to the Accountant, and if it remains unresolved, it is passed to the Assistant Bursar (Finance) and then to the Bursar.
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
The Bell Concord Educational Trust Limited is the registered charity operating Concord College, an independent school based at Acton Burnell Hall near Shrewsbury, Shropshire. Alongside its main term teaching, the college runs Concord Summer School, a residential summer programme for international boys and girls covering English, STEM and Humanities courses, together with a social and enrichment programme of sporting, artistic and leisure activities. The college's 73 acre campus provides academic and recreational facilities, and the summer school has welcomed international students for over 40 years. The company is registered in England under company number 1503040 and holds registered charity status.
Generated from the company's website and Companies House records. Sources: concordsummer.com · concordsummer.com · concordsummer.com