MILESTONES TRUST
Company Information
- Company Number
- 02011021
- Registered Address
- Unit 10 Eclipse Office Park, High Street, Staple Hill, Bristol, BS16 5EL
- Status
- Active
- Employee Count
- 1,069
- Turnover
- £41,118,000
- EBITDA
- £4,032,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 16 April 1986
- Nature of Business
- 87300 - Residential care activities for the elderly and disabled
- Industries
- Care Services, Mental Health And Psychology
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MILESTONES TRUST demonstrates a highly favorable payment trend, with an average payment time of 29 days and 91% of invoices settled within 30 days. This consistently prompt payment behavior indicates a reliable cash flow trajectory for suppliers.
Volatility Analysis
The company exhibits very low payment volatility, with 91% of payments reliably made within 30 days and only 1% extending beyond 60 days. This strong performance, complemented by a 0% late payment rate, indicates high predictability and minimal payment risk for suppliers.
Summary Analysis
Overall, MILESTONES TRUST presents as an exceptionally reliable payer, making them a low-risk partner for suppliers. Key decision factors include their consistent promptness and the complete absence of officially late payments, ensuring stable cash flow for partners. Suppliers should experience minimal payment-related issues, with no specific risk mitigation strategies beyond standard business practices immediately apparent.
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 Apr 2019 - 30 Sept 2019 | 25 Nov 2019 | 29 | 91% | 8% | 1% | 0% |
| 31 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 35 | 73% | 22% | 5% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 29 | 82% | 13% | 5% | 18% |
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
30 days
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
The finance team work with our budget holders and our suppliers to resolve issues as quickly as possible
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?
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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
MILESTONES TRUST is an active Private Limited Company by guarantee, registered without share capital, and holds a 'Limited' exemption. This structure, combined with "Trust" in its name, indicates an organisation established for specific purposes, often charitable, educational, or social, rather than for commercial profit distribution to shareholders.
Incorporated on 16 April 1986, MILESTONES TRUST operates with company number 02011021. Its registered office is located at Unit 10 Eclipse Office Park, High Street, Staple Hill, Bristol, BS16 5EL, placing its operational base within the South West region of the UK.
Companies structured as a Private Limited Company by guarantee often provide services or support within areas such as social welfare, education, healthcare, or community development. Their activities typically focus on fulfilling their stated mission, which can involve running projects, offering direct services, or managing specific assets for community or public benefit.
