COGNITA SCHOOLS LIMITED

Company Information

Company Number
02313425
Registered Address
Seebeck House One Seebeck Place, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8FR
Status
Active
Employee Count
2,366
Turnover
£164,667,000
EBITDA
£25,488,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 November 1988
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
Industries
Education,Healthcare And Wellbeing
Region
South East

Time to Pay

Average Time to Pay
37 days
Shortest Period:14 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
72%
31-60 Days
18%
After 60 Days
10%
Not Paid Within Terms28%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-10-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2019 - 31 Aug 201907 Oct 20193772%18%10%28%
01 Sept 2018 - 28 Feb 201929 Mar 20194167%18%15%15%

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

General payment terms are 30 days from invoice date or date of receipt of invoice if later, but will vary for up tp 45 days for large national accounts.

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

45

Dispute Resolution Process

Cognita Schools Ltd aim to avoid payment disputes by agreeing upfront clear payment and contract arrangements. These are either specified in standard Cognita T&C , or where agreed, via the suppliers own terms and conditions as specified in the suppliers contract. The company's policy is to discuss and subsequent payment disputes on e timely basis, and where possible, seek a mutually acceptable resolution. Bearing this if fails we will seek legal advice.

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.

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

Company Summary

COGNITA SCHOOLS LIMITED is a leading independent school group with over 80 schools in Europe, Latin America and Asia. The company's mission is to provide high-quality education for children from different backgrounds and cultures.

The sustainability program of COGNITA SCHOOLS LIMITED focuses on promoting environmental responsibility and social awareness among students, staff and the wider community. This includes initiatives such as recycling, reducing energy consumption, and supporting local charities and community projects.

The company offers a wide range of educational services, including early years education, primary and secondary education, and sixth form and pre-university programs. They also offer a range of extracurricular activities to enhance students' learning experience.

The key people at COGNITA SCHOOLS LIMITED include the CEO, Chris Jansen, who has over 30 years of experience in education and business, and the Chairman, Sir Kevan Collins, who has a background in education policy and research.

Their website address is www.cognitaschools.com, where interested parties can find information about their schools, curriculum, and admissions process. The registered office address is at Cognita Schools Limited, 3rd Floor, 5-7 John Prince's Street, London W1G 0JN, United Kingdom.

In summary, COGNITA SCHOOLS LIMITED is a leading independent school group with a strong focus on sustainability and providing high-quality education. Their wide range of services, experienced leadership, and commitment to their community make them a highly reputable and respected company in the education sector.

Financial Metrics

Cash
£11,610,000
Net Worth
£20,507,000
Total Current Assets
£72,700,000
Total Current Liabilities
£95,876,000

Company Location