Industry ranking
The data for HURSTPIERPOINT COLLEGE LIMITED shows a consistent trend of paying invoices later than 60 days, with the highest percentage being 3% in the first period (Sep 2017 - Feb 2018) and the lowest being 2% in the third and fourth periods (Mar 2019 - Aug 2019 and Sep 2019 - Feb 2020). However, there is a slight increase in the fifth period (Mar 2020 - Aug 2020), with 6% of invoices being paid later than 60 days. The trend then goes back down to 4% in the most recent period (Sep 2020 - Feb 2021).
The data for HURSTPIERPOINT COLLEGE LIMITED shows a relatively stable trend in terms of the average time taken to pay invoices, with the highest being 33 days in the fifth period (Mar 2020 - Aug 2020) and the lowest being 26 days in the first period (Sep 2017 - Feb 2018). The percentage of invoices paid within 30 days also remains stable, ranging from 68% in the most recent period (Sep 2020 - Feb 2021) to 75% in the fourth period (Sep 2019 - Feb 2020).
The data for HURSTPIERPOINT COLLEGE LIMITED shows a slight increase in the average time taken to pay invoices, from 26 days in the first period (Sep 2017 - Feb 2018) to 33 days in the fifth period (Mar 2020 - Aug 2020). However, there has been an improvement in paying invoices within 30 days, from 72% in the first period to 75% in the fourth period. There is also a decrease in the percentage of invoices paid later than 60 days, from 3% in the first period to 2% in the third and fourth periods.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Sept 2020 - 28 Feb 2021 | 18 Mar 2021 | 28 | 68% | 28% | 4% | 32% |
| 01 Mar 2020 - 31 Aug 2020 | 17 Sept 2020 | 33 | 63% | 31% | 6% | 37% |
| 01 Sept 2019 - 28 Feb 2020 | 16 Mar 2020 | 28 | 75% | 22% | 2% | 23% |
| 01 Mar 2019 - 31 Aug 2019 | 02 Oct 2019 | 28 | 72% | 27% | 2% | 23% |
| 01 Sept 2018 - 28 Feb 2019 | 10 Jul 2019 | 27 | 72% | 26% | 2% | 25% |
| 01 Sept 2017 - 28 Feb 2018 | 12 Mar 2018 | 26 | 72% | 25% | 3% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Normally as requested by supplier
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
Reconciliation & discussions with supplier until an agreement is reached
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Hurstpierpoint College Limited is the company operating Hurstpierpoint College, an independent school in Hassocks, West Sussex, registered for primary and general secondary education. Companies House records show it as an active private limited company incorporated in 1999, with its registered office at the college site. It holds a legal charge over its college premises and associated land in favour of a bank, reflecting property assets tied to running the school. The company is administered by a board of directors alongside a company secretary. No further detail on curriculum, boarding provision or specific facilities is provided in the available evidence, beyond its classification as a primary and secondary education provider.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk