PROTOCOL EDUCATION LIMITED

PaymentCheck Score 2025
81Good
2.2vs last year
#1640 in UK
#58 in Education
#93 in East of England

Company Information

Company Number
02926583
Registered Address
Wallace House, 4 Falcon Way, Welwyn Garden City, United Kingdom, AL7 1TW
Status
Active
Employee Count
147
Turnover
£47,864,000
EBITDA
£5,752,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 May 1994
Nature of Business
78200 - Temporary employment agency activities
Industries
Education,Professional Services
Region
East of England

Time to Pay

Average Time to Pay
23 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
82%
31-60 Days
16%
After 60 Days
2%
Not Paid Within Terms38%

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)

Performance Reports History

Reporting Period Filed: 2024-12-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202526 Jun 20252184%14%2%50%
01 Jun 2024 - 30 Nov 202423 Dec 20242382%16%2%38%
01 Dec 2023 - 31 May 202428 Jun 20242288%10%2%34%
01 Jun 2023 - 30 Nov 202322 Dec 20231889%9%2%33%
01 Dec 2022 - 31 May 202328 Jun 20232485%10%5%40%
01 Jun 2022 - 30 Nov 202222 Dec 20221692%5%3%43%
01 Dec 2021 - 31 May 202230 Jun 20221493%6%1%30%
01 Jun 2021 - 30 Nov 202107 Dec 20211494%5%1%28%
01 Dec 2020 - 31 May 202130 Jun 20212092%6%2%31%
01 Jun 2019 - 30 Nov 201920 Dec 20191691%8%1%10%
01 Dec 2018 - 31 May 201928 Jun 20192177%21%2%16%

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 with payments made at mid month and end of month

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

60

Dispute Resolution Process

All disputes are initially dealt with by the Accounts Payable Dept, but if necessary will be escalated to the Financial Controller / Head of Management Accounts and relevant department head.

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

Protocol Education Limited is a leading education recruitment agency in the United Kingdom. They provide staffing solutions to schools, nurseries, and colleges across England, Wales, and Scotland.

The company was founded in 1994 and has since grown to become one of the largest and most reputable education recruitment agencies in the UK. Their main focus is on providing high-quality teaching and support staff to educational institutions.

Protocol Education has a strong commitment to sustainability and has implemented several initiatives to reduce their environmental impact. They have a paperless system for all their office operations and encourage their employees to use public transportation or cycle to work. They also work with schools to promote environmental awareness and education.

Their main products and services include temporary and permanent recruitment of teachers, teaching assistants, support staff, and SEN specialists. They also provide training and development programs for their staff to ensure they are equipped with the latest teaching techniques and methods.

The company is led by a team of experienced and dedicated individuals, including their Managing Director, Director of Operations, Director of Business Development, and Director of Compliance. They work closely with their employees and clients to ensure a high level of customer satisfaction.

For more information, interested individuals can visit Protocol Education's website at www.protocol-education.com. Their registered office address is 97 New Cavendish Street, London, W1W 6XH. Overall, Protocol Education Limited is committed to providing excellent education recruitment services while also promoting sustainability and environmental responsibility.

Financial Metrics

Cash
£511,000
Net Worth
£58,078,000
Total Current Assets
£8,593,000
Total Current Liabilities
£9,986,000

Company Location