ARDINGLY COLLEGE LIMITED

PaymentCheck Score 2020
84Good
New Entry
#1132 in UK
#71 in Education
#179 in South East

Company Information

Company Number
03779971
Registered Address
Ardingly College, College Road, Ardingly, Haywards Heath, West Sussex, RH17 6SQ
Status
Active
Employee Count
481
Turnover
£31,479,000
EBITDA
£4,188,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 May 1999
Nature of Business
85200 - Primary education
85310 - General secondary education
85590 - Other education not elsewhere classified
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
27 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
84%
31-60 Days
12%
After 60 Days
4%
Not Paid Within Terms22%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-08-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2019 - 28 Feb 202005 Aug 20202784%12%4%22%
01 Mar 2019 - 31 Aug 201921 Oct 20192780%16%4%29%
01 Sept 2018 - 28 Feb 201921 Oct 20192774%21%5%38%

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

Other than at year-end, payment runs are made weekly. Where the recipient is an individual or small business, every effort is made to make a payment as soon as possible, with the latest being our standard payment terms of 28 days, unless invoice queries prevent this.

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

30

Dispute Resolution Process

Any payment query or dispute is dealt with by the Accounts Payable team and budget holder in a timely manner. A supplier statement will be requested and any missing invoices will be requested. If the issue is specific to a department then the dispute is referred to the Head of Department for action. Unresolved issues will be referred to the Financial Controller.

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

ARDINGLY COLLEGE LIMITED is a prominent educational institution located in Ardingly, West Sussex, England. The college was established in 1858 and is currently registered as a private company limited by guarantee.

The college offers a variety of educational programs and services for students aged 2-18, including a pre-preparatory school, preparatory school, and senior school. The curriculum is designed to provide a well-rounded education, with an emphasis on academic excellence, creative and performing arts, and sports. The college also offers a range of extracurricular activities, including music, drama, and various clubs and societies.

In addition to its educational offerings, ARDINGLY COLLEGE LIMITED has a strong commitment to sustainability. The college has implemented various initiatives to reduce its environmental impact, such as installing solar panels, promoting recycling and composting, and using energy-efficient technologies. They also have a strong focus on educating students about sustainability and encouraging them to make environmentally conscious choices.

The key people at ARDINGLY COLLEGE LIMITED include the Headmaster, Mr. Ben Figgis, and the Chair of Governors, Mr. David Goldstone. The college also has a dedicated team of teachers and staff who are committed to providing a high-quality education and fostering a supportive and inclusive learning environment.

For more information on ARDINGLY COLLEGE LIMITED, their website address is www.ardingly.com. Their registered office address is Ardingly College, College Road, Ardingly, West Sussex, RH17 6SQ. The college can also be contacted via email at info@ardingly.com or by phone at +44 (0)1444 893000.

Financial Metrics

Cash
£4,561,953
Net Worth
£21,125,150
Total Current Assets
£5,199,792
Total Current Liabilities
£6,269,077

Company Location