KINGSWOOD LEARNING AND LEISURE GROUP LIMITED

PaymentCheck Score 2023
36Poor
vs last year
#4865 in UK
#186 in Education
#811 in South East

Company Information

Company Number
03476432
Registered Address
1 Jubilee Street, Brighton, England, BN1 1GE
Status
Active
Employee Count
587
Turnover
£22,790,000
EBITDA
£2,476,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 December 1997
Nature of Business
85590 - Other education not elsewhere classified
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
57 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
30%
31-60 Days
44%
After 60 Days
26%
Not Paid Within Terms83%

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: 2023-07-10
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2022 - 30 Apr 202310 Jul 20235730%44%26%83%
01 May 2019 - 31 Oct 201921 Nov 20194335%36%29%15%
01 Nov 2018 - 30 Apr 201931 May 20191671%9%20%21%

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 from invoice

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

Disputes are resolved between the Accounts Payable team and supplier contact. Escalation to the finance team if necessary.

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

Kingswood Learning and Leisure Group Limited is a leading provider of educational and leisure programs for children and young adults. The company offers a wide range of services, including outdoor adventure activities, school trips, and language courses.

Sustainability is at the core of Kingswood's operations, and the company has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, promoting waste reduction and recycling, and working with local communities to support conservation efforts.

The company's products and services are designed to provide a fun and educational experience for children and young adults. This includes a range of activities such as rock climbing, archery, and team-building exercises. Kingswood also offers educational programs, including language courses and STEM-focused activities, to help students develop key skills and knowledge.

The key people involved in Kingswood Learning and Leisure Group Limited include CEO Richard Robson, who has over 20 years of experience in the outdoor education sector, and Chairman Andrew Shannon, who has a background in finance and business operations.

For more information on Kingswood's programs and services, interested individuals can visit their website at www.kingswood.co.uk. The company's registered office address is at 8 St James's Square, London SW1Y 4JU, United Kingdom.

Financial Metrics

Cash
£1,328,000
Net Worth
£14,477,000
Total Current Assets
£39,548,000
Total Current Liabilities
£44,154,000

Company Location