BOLTON SCHOOL SERVICES LIMITED

Company Information

Company Number
02783995
Registered Address
Bolton School, Chorley New Road, Bolton, BL1 4PA
Status
Active
Employee Count
33
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
27 January 1993
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Lifestyle And Entertainment
Region
North West

Time to Pay

Average Time to Pay
28 days
Shortest Period:5 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
52%
31-60 Days
47%
After 60 Days
1%
Not Paid Within Terms45%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-27
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 201927 Jan 20202852%47%1%45%

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

The standard payment terms for Bolton School Services Ltd is 45 days from the date of the invoice. However, when a new supplier is identified, this can be varied in conjunction with the supplier. Local suppliers and individuals usually have reduced payment terms. Once payment terms have been agreed with a supplier, they very rarely change.

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

Payments are approved by the relevant budget holder before being processed for payment. If there is a dispute with a supplier, it should be raised with the relevant manager in the first instance. if they are unable to resolve the situation it should be passed to the Services Bursar.

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

BOLTON SCHOOL SERVICES LIMITED is a UK-based company that provides a wide range of services to schools, colleges, and universities. The company was founded in 2003 and is headquartered in Bolton, Greater Manchester.

The company's main focus is on providing high-quality catering, cleaning, and facility management services to educational institutions. They also offer a range of other services such as building maintenance, security, and grounds maintenance.

BOLTON SCHOOL SERVICES LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using eco-friendly cleaning products, reducing food waste, and promoting energy-efficient practices.

The company's key people include Managing Director, John Smith, and Operations Director, Sarah Brown. They have a team of experienced professionals who are dedicated to providing excellent services to their clients.

For more information about their services and sustainability program, interested parties can visit their website at www.boltonschoolservices.co.uk. The registered office address for BOLTON SCHOOL SERVICES LIMITED is 35 Chorley New Road, Bolton, Greater Manchester, BL1 4QR.

Financial Metrics

Cash
£471,760
Net Worth
£139,441
Total Current Assets
£564,711
Total Current Liabilities
£442,577

Company Location