| 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 Mar 2019 - 31 Aug 2019 | 04 Dec 2019 | 24 | 77% | 20% | 3% | 23% |
| 01 Sept 2018 - 28 Feb 2019 | 03 Jul 2019 | 38 | 40% | 54% | 6% | 60% |
| 01 Mar 2018 - 31 Aug 2018 | 03 Jul 2019 | 36 | 50% | 45% | 5% | 50% |
| 01 Sept 2017 - 28 Feb 2018 | 22 Mar 2018 | 32 | 58% | 36% | 6% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We aim to pay invoices within 30 days unless they are under query / dispute
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
We have not had any disputed invoices for the past 4 years, since the current financial controller has been in post. If there were any disputes they would be resolved under the contractual terms with the supplier, if established.
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
Prior Park Educational Trust is the registered charitable trust behind Prior Park College and its associated schools in Bath, including The Paragon School (also known as Prior Park Paragon). Prior Park Paragon is an independent, co-educational day school for children aged three to eleven, comprising Squirrels Pre-School, Pre-Prep and Prep departments, teaching a broad curriculum in small classes across eight acres of gardens and woodland. Pupils have access to facilities at Prior Park College, its senior school, including sporting, science and creative resources, with most Year 6 pupils progressing there. The trust's schools form part of the wider Prior Park Schools family, which also includes a school in Gibraltar.
Generated from the company's website and Companies House records. Sources: paragonschool.co.uk · paragonschool.co.uk