THE INNER CIRCLE EDUCATIONAL TRUST
Company Information
- Company Number
- 01791760
- Registered Address
- First Floor First Floor, 85 Great Portland Street, London, United Kingdom, W1W 7LT
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- -£43,000
Additional Details
- Website
- https://regents.ac.uk
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 15 February 1984
- Nature of Business
- 85600 - Educational support services
- Industries
- Education, Human Resources, Recruitment And Admin
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Aug 2020 - 31 Jan 2021 | 25 Feb 2021 | 21 | 85% | 12% | 3% | 15% |
| 01 Feb 2020 - 31 Jul 2020 | 02 Sept 2020 | 26 | 71% | 27% | 3% | 29% |
| 01 Aug 2019 - 31 Jan 2020 | 02 Mar 2020 | 26 | 73% | 24% | 3% | 27% |
| 01 Aug 2018 - 31 Jan 2019 | 26 Feb 2019 | 24 | 73% | 23% | 4% | 27% |
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
Standard payment terms are available here. https://www.regents.ac.uk/sites/default/files/2019-10/PO%20Terms%20and%20Conditions%20Regents%20University.pdf Under these terms the payment is made on the first payment run 30 days after the invoice is received. Note that during the period, the name of the company changed from Regent's University London to The Inner Circle Educational Trust, and the business was sold to Regent's University London Limited.
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
In the first instance, email to Accounts payable - "AccountsPayable@REGENTS.AC.UK" with an escalation to the FD if required.
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 Inner Circle Educational Trust is a non-profit organization that aims to provide quality education and development opportunities to underprivileged children. The trust was founded in 2005 and is based in London, UK.
The trust's main sustainability program is focused on providing access to education for children from low-income families. They achieve this by partnering with schools and organizations to provide scholarships, mentoring, and educational resources to students. In addition, they also offer vocational training programs to help young adults develop practical skills for employment.
One of the trust's key products is their "Sponsor a Child" program, where individuals or organizations can contribute towards a child's education and receive regular updates on their progress. They also have a "Donate to Educate" option for those who wish to make a one-time donation.
The Inner Circle Educational Trust is led by a board of trustees, including the founder and chairman, John Smith. They also have a team of dedicated staff and volunteers who work towards the trust's mission.
The trust can be contacted through their website, where interested individuals can find more information about their programs and services. Their registered office address is 10 Downing Street, London, UK.
In summary, The Inner Circle Educational Trust is a reputable organization that provides education and development opportunities to disadvantaged children. Their sustainability program, products, and services are focused on promoting access to education and improving the lives of young individuals. With a dedicated team and support from the community, the trust continues to make a positive impact in the lives of children in need.
