LANCING COLLEGE LIMITED
Company Information
- Company Number
- 03779985
- Registered Address
- Lancing College, Lancing, West Sussex, BN15 0RW
- Status
- Active
- Employee Count
- 434
- Turnover
- £31,269,000
- EBITDA
- £1,928,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 May 1999
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education
- Industries
- Care Services, Education
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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 2019 - 29 Feb 2020 | 07 Aug 2020 | 33 | 54% | 39% | 6% | 18% |
| 01 Mar 2018 - 31 Aug 2018 | 22 Jul 2019 | 35 | 47% | 45% | 8% | 18% |
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
General standard payment terms are Net 30 days i.e. month end of the invoice plus 30 days. The College operates a fair and regular payment standard with two BACS payments each 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
365
Dispute Resolution Process
Any general payment query or dispute is first dealt with by the purchase ledger team in a timely manner. If the issue is specific to a department then the dispute is referred to the Head of that department for action. Unresolved issues will be referred to the Bursar.
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.
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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?
❌
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
LANCING COLLEGE LIMITED is a private company that operates an independent co-educational boarding and day school in West Sussex, England. The school was founded in 1848 and has a strong reputation for academic excellence and a well-rounded education.
The school offers a variety of academic and extracurricular activities for students aged 13-18, including the International Baccalaureate, A-levels, and a range of sporting, artistic, and community service opportunities. The school also has a strong focus on sustainability and offers a variety of programs and initiatives to promote environmental awareness and responsibility among its students.
Some of the sustainability programs at LANCING COLLEGE LIMITED include a recycling scheme, energy-saving measures, and a student-led sustainability committee. The school also has an on-site organic farm where students can learn about sustainable agriculture and food production. In addition, the school has a strong commitment to community service and encourages students to get involved in local conservation and environmental projects.
The key people at LANCING COLLEGE LIMITED include the Principal, Mr. Dominic Oliver, and the Board of Governors, who are responsible for the overall management and direction of the school. The school also has a dedicated team of teachers and staff who are committed to providing a high-quality education and fostering a sustainable environment for students.
For more information about LANCING COLLEGE LIMITED and its programs and services, you can visit their website at www.lancingcollege.co.uk. The registered office address for the school is Lancing, West Sussex, BN15 0RW, United Kingdom.
