WOODLAND TRUSTTHE
Company Information
- Company Number
- 01982873
- Registered Address
- The Woodland Trust, Kempton Way, Grantham, England, NG31 6LL
- Status
- Active
- Employee Count
- 557
- Turnover
- £82,496,000
- EBITDA
- £13,326,000
Additional Details
- Website
- https://woodlandtrust.org.uk
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 27 January 1986
- Nature of Business
- 02100 - Silviculture and other forestry activities91040 - Botanical and zoological gardens and nature reserves activities
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for WOODLAND TRUST(THE) to pay invoices has fluctuated over the past three periods, but has generally remained within the range of 22-29 days. However, there was a significant increase in the average time taken to pay invoices in the first half of 2021, with the average time reaching 47 days. This trend appears to have improved in the most recent period, with the average time decreasing to 28 days.
Volatility Analysis
There has been some volatility in the percentage of invoices paid within 30 days, with the lowest percentage being 32% in the most recent period and the highest being 93% in the second period. Similarly, the percentage of invoices paid between 31 and 60 days has also fluctuated, with the lowest being 6% in the fourth period and the highest being 46% in the seventh period. The percentage of invoices paid later than 60 days has also varied, with the highest being 22% in the seventh period and the lowest being 0% in the second and third periods.
Summary Analysis
Looking at the data for the past three periods, there has been a slight decrease in the average time taken for WOODLAND TRUST(THE) to pay invoices, from 24 days in the first period to 22 days in the third period. This is a positive trend, indicating that the company is paying invoices more promptly. However, there was a significant increase in the average time taken to pay invoices in the first half of 2021, which may have had a negative impact on the company's supplier relationships.
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 Dec 2021 - 31 May 2022 | 18 Jul 2022 | 22 | 92% | 7% | 1% | 8% |
| 01 Jun 2021 - 30 Nov 2021 | 29 Mar 2022 | 28 | 89% | 7% | 4% | 9% |
| 01 Jan 2021 - 31 May 2021 | 29 Mar 2022 | 47 | 32% | 46% | 22% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Mar 2022 | 29 | 72% | 25% | 3% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 23 | 87% | 12% | 1% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 22 | 93% | 6% | 1% | 7% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 22 | 92% | 8% | 0% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 23 | 92% | 8% | 0% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 24 | 90% | 9% | 1% | 9% |
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
You may invoice us for goods and/or services on or at any time after delivery or performance, unless otherwise stated in the Order. Each invoice must be a proper VAT invoice and: 1) quote the purchase number of the order, or the contract number; 2) show the period and the amount of the service for which payment is claimed; 3) show the charging rates and other details requested by us; 4) be accompanied by other information that we reasonable require; 5) be marked for the attention of the agreed Woodland Trust representative; 6) if the information fails to contain this information we will not be obliged to pay it. Otherwise we will pay a valid correct invoice within 30 days of receipt. If any sum under the contract is not paid when due, that sum will bear interest from the due date until payment is made in full, both before and after any judgement, at 2% per annum over the Bank of England base rate from time to time. You agree that this is a substantial remedy for the purpose of the Late Payment of Commercial Debts (Interest) act 1998. You will not be entitled to suspend deliveries or performance of the goods or services as a result of any sums being outstanding. We will be entitled (but not obliged) at any time to set off any liability that you have to us against any liabilty that we have to you (in either case however arising). We will also be entitled to exercise any of our other rights and remedies if we so choose.
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
In the event of a dispute or complaint, Suppliers can contact the Accounts Payable Department by email or phone where a responsible officer will investigate, report and arrange for payment, where appropriate, as soon as possible. Any dispute that cannot be resolved with the Accounts Payable Department may be referred to the Trust's Legal Department.
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?
❌
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 Woodland Trust is a UK-based charity organization that aims to protect and restore woodland areas for the benefit of people, wildlife, and the environment. It was founded in 1972 and has since grown to become the largest woodland conservation charity in the UK.
The main activities of the Woodland Trust include acquiring and managing woodland areas, conducting research and campaigning for better protection of woodlands, and promoting tree planting and conservation initiatives. The organization has over 1,000 sites across the UK, covering a total of over 46,000 hectares of land.
As part of their sustainability program, the Woodland Trust focuses on sustainable management of woodland areas, promoting biodiversity, and mitigating the effects of climate change. They also offer a range of products and services, such as woodland-themed gifts, membership packages, and educational resources for schools and communities.
The key people involved in the Woodland Trust include the Chief Executive, Darren Moorcroft, who leads a team of over 300 staff members and thousands of volunteers. The organization also has a Board of Trustees who oversee its strategic direction and decision-making processes.
For those interested in supporting or learning more about the Woodland Trust, their website address is www.woodlandtrust.org.uk. Their registered office address is Kempton Way, Grantham, Lincolnshire, NG31 6LL. They can also be contacted via phone at 0330 333 3300 or email at enquiries@woodlandtrust.org.uk.
