CHAILEY HERITAGE FOUNDATION

PaymentCheck Score 2024
76Good
4.9vs last year
#2525 in UK
#46 in Healthcare And Wellbeing
#409 in South East

Company Information

Company Number
03769775
Registered Address
Chailey Heritage Foundation Haywards Heath Road, North Chailey, Lewes, East Sussex, BN8 4EF
Status
Active
Employee Count
305
Turnover
£14,238,000
EBITDA
£869,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
13 May 1999
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
87900 - Other residential care activities not elsewhere classified
Industries
Healthcare And Wellbeing
Region
South East

Time to Pay

Average Time to Pay
39 days
Shortest Period:0 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
58%
31-60 Days
34%
After 60 Days
9%
Not Paid Within Terms0%

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

From Sep 2019 to Aug 2023, the average time for CHAILEY HERITAGE FOUNDATION to pay invoices has fluctuated between 23 and 39 days. There is a slight upward trend in the average time to pay, with the highest point being in Sep 2022. However, the overall trend is relatively stable.

Volatility Analysis

The volatility in the average time to pay for CHAILEY HERITAGE FOUNDATION is relatively low, with the range between the highest and lowest values being only 16 days.

Summary Analysis

Over the past three periods, there has been a slight increase in the average time for CHAILEY HERITAGE FOUNDATION to pay invoices. However, the trend is relatively stable.

Performance Reports History

Reporting Period Filed: 2023-09-13
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 202405 Mar 20243662%36%3%0%
01 Mar 2023 - 31 Aug 202313 Sept 20233958%34%9%0%
01 Sept 2022 - 28 Feb 202327 Mar 20233951%38%11%0%
01 Mar 2022 - 31 Aug 202230 Sept 20222873%23%4%0%
01 Sept 2021 - 28 Feb 202202 Mar 20222374%19%8%0%
01 Mar 2021 - 31 Aug 202119 Oct 20212872%22%6%0%
01 Sept 2020 - 28 Feb 202114 Apr 20212777%19%4%0%
01 Mar 2020 - 31 Aug 202014 Oct 20202680%15%5%0%
01 Sept 2019 - 29 Feb 202029 Jun 20203067%26%7%0%

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

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

45

Dispute Resolution Process

Disputes relating to supplier invoices should be communicated to purchaseledger@chf.org.uk

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

Chailey Heritage Foundation is a UK-based charity organization that provides education, care, and support to children and young adults with complex disabilities and health needs. Established in 1903, the organization has been dedicated to enriching the lives of its beneficiaries and empowering them to reach their full potential.

The foundation operates a range of services, including a specialist school, residential care homes, and transitional services for young adults. These services are designed to meet the individual needs of each student, with a focus on promoting independence and inclusion.

In addition to its core services, Chailey Heritage Foundation also runs a sustainability program, which aims to reduce its environmental impact and promote eco-friendly practices. The organization has implemented various initiatives, such as recycling, energy conservation, and sustainable procurement, to achieve its sustainability goals.

The foundation also offers a variety of products and services, including a range of handmade crafts made by the students, as well as a conference and events venue that can be hired for meetings and special occasions.

Key people involved in the foundation include the CEO, Nigel Cullum, and the board of trustees, who oversee the organization's operations and strategy.

For more information about Chailey Heritage Foundation, including how to support their work or access their services, you can visit their website at https://www.chf.org.uk/. The registered office address is Chailey Heritage Foundation, North Chailey, East Sussex, BN8 4EF.

Financial Metrics

Cash
£489,000
Net Worth
£17,666,000
Total Current Assets
£3,764,000
Total Current Liabilities
£4,000,000

Company Location