TRIBAL EDUCATION LIMITED

PaymentCheck Score 2024
82Good
#1860 in UK
#102 in South West

Company Information

Company Number
04163300
Registered Address
Kings Orchard Queen Street, St. Philips, Bristol, BS2 0HQ
Status
Active
Employee Count
642
Turnover
£63,437,000
EBITDA
£5,762,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 February 2001
Nature of Business
85600 - Educational support services
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
34 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
74%
31-60 Days
18%
After 60 Days
8%
Not Paid Within Terms28%

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)

Performance Reports History

Reporting Period Filed: 2023-01-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202404 Nov 20252981%13%6%20%
01 Jan 2022 - 30 Jun 202220 Jul 20223772%19%9%32%
01 Jul 2021 - 31 Dec 202101 Feb 20223079%15%6%27%
01 Jan 2021 - 30 Jun 202103 Aug 20213281%13%6%36%
01 Jan 2020 - 30 Jun 202029 Jul 20203376%15%8%31%
01 Jul 2019 - 31 Dec 201929 Jan 2020698%1%0%1%
01 Jan 2019 - 30 Jun 201926 Jul 20191788%7%5%1%
01 Jan 2018 - 30 Jun 201801 Aug 20182494%3%3%2%

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

Standard payment terms within 1 -30 days unless otherwise specified 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

Dispute Resolution Process

Dealt with on a case by case basis. If payment overdue then payment is made ASAP if invoice is approved for payment.

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

TRIBAL EDUCATION LIMITED is a UK-based company that focuses on providing innovative education solutions to schools, academies, and other educational institutions. The company was founded in 1999 and has since then been committed to improving the quality of education and learning outcomes for students.

The company offers a range of products and services, including curriculum development, assessment tools, teacher training, and educational technology solutions. Their aim is to provide schools with the necessary resources and support to help students achieve their full potential.

In addition to their educational offerings, TRIBAL EDUCATION LIMITED also prioritizes sustainability and has a strong commitment to reducing their environmental impact. They have implemented various initiatives to achieve this, such as using eco-friendly materials in their products, reducing waste, and promoting sustainable practices among their employees and clients.

The key people at TRIBAL EDUCATION LIMITED include their CEO, Tony Little, and their Executive Director, John Law. Both have extensive experience in the education sector and are dedicated to driving the company's mission forward.

For those interested in learning more about TRIBAL EDUCATION LIMITED, their website is www.tribalgroup.com. The company's registered office address is 5th Floor, 3 New York Street, Manchester, M1 4HD, United Kingdom. They can also be contacted via phone at +44 (0)161 886 8000 or email at info@tribalgroup.com.

Financial Metrics

Cash
£1,419,000
Net Worth
£13,501,000
Total Current Assets
£77,119,000
Total Current Liabilities
£45,109,000

Company Location