DOWNE HOUSE SCHOOL

PaymentCheck Score 2024
94Excellent
5.7vs last year
#685 in UK
#22 in Education
#111 in South East

Company Information

Company Number
02645228
Registered Address
The Bursary, Downe House School, Cold Ash, Newbury, Berkshire, RG18 9JJ
Status
Active
Employee Count
310
Turnover
£24,341,000
EBITDA
£408,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
12 September 1991
Nature of Business
85310 - General secondary education
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
25 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
84%
31-60 Days
9%
After 60 Days
7%
Not Paid Within Terms5%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average time taken for DOWNE HOUSE SCHOOL to pay invoices has remained relatively consistent over the past three periods, with a slight increase in the most recent period. The percentage of invoices paid within 30 days has also remained stable, while the percentage of invoices paid between 31 and 60 days has fluctuated slightly. The most notable change has been in the percentage of invoices paid later than 60 days, which has increased in the most recent period.

Volatility Analysis

DOWNE HOUSE SCHOOL has shown a moderate level of volatility in terms of the average time taken to pay invoices and the percentage of invoices paid within 30 days. The percentage of invoices paid between 31 and 60 days has remained relatively stable, while the percentage of invoices paid later than 60 days has shown more volatility, with a significant increase in the most recent period.

Summary Analysis

Between the periods of Mar 2021 - Aug 2021 and Sep 2021 - Feb 2022, there was a slight decrease in the average time taken for DOWNE HOUSE SCHOOL to pay invoices, from 28 to 24 days. However, in the most recent period (Mar 2022 - Aug 2022), there was an increase in the average time taken to pay invoices, back up to 26 days. The percentage of invoices paid within 30 days has consistently been above 80%, indicating a good track record of timely payments. However, the percentage of invoices paid later than 60 days has increased in the most recent period, reaching a high of 7%. This may be an area of concern for the company and may require further investigation. Overall, DOWNE HOUSE SCHOOL has shown a moderate level of volatility in their payment patterns, with some fluctuations in the percentage of invoices paid within 30 days and a significant increase in the percentage of invoices paid later than 60 days in the most recent period.

Performance Reports History

Reporting Period Filed: 2023-09-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202404 Mar 20241890%8%2%5%
01 Mar 2023 - 31 Aug 202318 Sept 20232584%9%7%5%
01 Sept 2022 - 28 Feb 202329 Mar 20232585%10%5%5%
01 Mar 2022 - 31 Aug 202206 Sept 20222683%13%4%4%
01 Sept 2021 - 28 Feb 202214 Mar 20222482%14%4%4%
01 Mar 2021 - 31 Aug 202123 Sept 20212880%16%4%4%
01 Sept 2020 - 28 Feb 202117 Mar 20212581%15%4%4%
01 Mar 2020 - 31 Aug 202002 Sept 20202873%21%6%6%
01 Sept 2019 - 29 Feb 202006 Mar 20202775%19%6%6%
01 Mar 2019 - 31 Aug 201902 Sept 20192789%9%2%2%
01 Sept 2018 - 28 Feb 201921 Mar 20192776%21%3%3%
01 Mar 2018 - 31 Aug 201818 Sept 20182773%23%4%4%
01 Sept 2017 - 28 Feb 201826 Mar 20182579%18%3%3%

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

60 days

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

60

Dispute Resolution Process

Disputes are initially resolved by the ordering department, and managed by the Head of Financial Operations.

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

Downe House School is a prestigious all-girls boarding school located in Berkshire, England. The school offers a well-rounded education to girls aged 11-18, with a strong focus on academic excellence, personal development, and sustainability.

One of the key activities of Downe House School is its sustainability program. The school is committed to reducing its carbon footprint and promoting sustainable practices. This includes initiatives such as using renewable energy sources, implementing recycling programs, and promoting green transportation options.

In terms of products and services, Downe House School offers a wide range of academic subjects, including STEM subjects, languages, and the arts. The school also provides a variety of extracurricular activities, such as sports, music, drama, and community service projects.

The key people at Downe House School include the Headmistress, Mrs. Emma McKendrick, who leads the school with passion and dedication. The school also has a team of experienced and qualified teachers who are committed to providing a high-quality education to the students.

For those interested in contacting Downe House School, their website address is www.downehouse.net. The registered office address is Downe House School, Cold Ash, Thatcham, Berkshire, RG18 9JJ.

In summary, Downe House School offers a top-notch education to girls while also promoting sustainability and eco-friendly practices. With a dedicated team of staff and a wide range of academic and extracurricular activities, Downe House School is a leading institution in the UK education system.

Financial Metrics

Cash
£5,503,000
Net Worth
£26,722,000
Total Current Assets
£8,869,000
Total Current Liabilities
£11,966,000

Company Location