PRIOR PARK EDUCATIONAL TRUST
Company Information
- Company Number
- 01521832
- Registered Address
- Prior Park College, Ralph Allen Drive, Bath, BA2 5AH
- Status
- Active
- Employee Count
- 339
- Turnover
- £22,500,000
- EBITDA
- £2,412,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 13 October 1980
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
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 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% |
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
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
Dispute Resolution Process
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.
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.
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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
Company Summary
The Prior Park Educational Trust is a charitable organization based in Bath, UK that aims to provide high quality education to children from all backgrounds. The trust operates two schools – Prior Park College and The Paragon School, both of which offer a wide range of academic, sporting, and extracurricular activities.
One of the key focuses of the trust is sustainability. They have implemented various initiatives to reduce their environmental impact and promote sustainable practices. These include using renewable energy sources, promoting waste reduction and recycling, and educating students about environmental issues.
The trust also offers a variety of products and services to support their mission of providing affordable education. These include scholarships and bursaries for students from disadvantaged backgrounds, as well as international exchange programs for students to gain a global perspective.
The trust is led by a board of trustees, with the current chairperson being Ms. Jane Browning. They have a dedicated team of staff and volunteers who work together to ensure the smooth functioning of the schools and the trust's programs.
For more information on the Prior Park Educational Trust, visit their website at www.priorparkeducationaltrust.org. Their registered office address is Prior Park College, Ralph Allen Drive, Bath, BA2 5AH. Overall, the trust is committed to providing a well-rounded education while also promoting sustainability and social responsibility.
