LEARNDIRECT LIMITED

Company Information

Company Number
03980770
Registered Address
The White Building, 1-4 Cumberland Place, Southampton, SO15 2NP
Status
Liquidation
Employee Count
4
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
19 April 2000
Nature of Business
85410 - Post-secondary non-tertiary education
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
31 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
61%
31-60 Days
29%
After 60 Days
10%
Not Paid Within Terms66%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2018 - 30 Apr 201916 Oct 20193161%29%10%66%

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

Suppliers - between 7 days and 45 days. Subcontractors - the 20th working day of the month following date of 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

45

Dispute Resolution Process

Negotiation with relevant parties

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

LEARNDIRECT LIMITED is a leading online learning platform based in the United Kingdom. The company offers a wide range of courses and training programs in various subjects, including business, IT, healthcare, and creative industries.

In addition to its core services, Learndirect also has a strong focus on sustainability. The company is committed to reducing its carbon footprint and promoting sustainable practices in its operations. It has implemented various initiatives, such as using renewable energy sources, reducing waste, and promoting eco-friendly practices among its employees and partners.

One of Learndirect's most popular products is its online learning platform, which allows individuals to access courses and training materials from anywhere at any time. The company also offers customized training solutions for businesses and organizations, helping them upskill their employees and improve their overall performance.

The key people behind Learndirect's success include its CEO, Andy Palmer, and its Board of Directors, who bring a wealth of experience and expertise to the company. The company's registered office is located in London, and it can be contacted via its website, which is www.learndirect.com.

In summary, Learndirect Limited is a leading online learning platform in the UK, offering a wide range of courses and training programs. The company also has a strong focus on sustainability and is committed to reducing its carbon footprint. Its key people and contact information can be found on its website, www.learndirect.com.

Financial Metrics

Cash
£19,459
Net Worth
-£9,346,925
Total Current Assets
£433,089
Total Current Liabilities
£9,026,922

Company Location