WAKEFIELD GRAMMAR SCHOOL FOUNDATION
Company Information
- Company Number
- 04258359
- Registered Address
- Governors' Office Green House, 158 Northgate, Wakefield, West Yorkshire, WF1 3UF
- Status
- Active
- Employee Count
- 594
- Turnover
- £24,591,000
- EBITDA
- £530,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 24 July 2001
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education
- Industries
- Care Services, Education
- Region
- Yorkshire and The Humber
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 Aug 2018 - 31 Jan 2019 | 28 Feb 2019 | 28 | 68% | 27% | 5% | 17% |
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
Most of our suppliers require payment within 30 days of invoice, though a small number of suppliers do have 7 day or 14 day terms or terms allowing payment at the end of the month following invoice. We endeavour to process and pay suppliers invoices within a 30 day timeframe (or sooner if required), as we are aware that many of our small local suppliers rely upon prompt payment for their business cash flow.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Foundation has a robust cash flow and positive bank balances. We therefore make every effort to pay promptly and keep within suppliers payment terms. However, as we are a school, many of the budget holders who would authorise payment of particular invoices are unavailable outside of term time and therefore some delays may occur with educational invoices over the school holiday periods.
Maximum contractual payment period agreed
61
Dispute Resolution Process
Suppliers chasing missing payments normally contact the Purchase Ledger Administrator (PLA) who would then ask the supplier to send a copy of the missing invoices. The PLA then contacts the budget holder who ordered the goods/services to either obtain authorisation to pay the invoice (if it was a simple matter of an invoice going astray) or for the budget holder to advise if there is any dispute.
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
The Wakefield Grammar School Foundation is a charitable organization that aims to provide quality education to children in the Wakefield area of England. Established in 1591, the foundation has a long history of providing educational opportunities to students from all backgrounds.
The foundation operates three schools - Wakefield Girls' High School, Queen Elizabeth Grammar School, and Mulberry House School. These schools offer a wide range of academic and extracurricular programs to students aged 3 to 18 years old.
In addition to their educational services, Wakefield Grammar School Foundation also has a strong commitment to sustainability. They have implemented various eco-friendly practices in their schools, such as recycling and using renewable energy sources. They also have a Sustainability Committee, which works towards promoting sustainable practices among students and staff.
The foundation has a team of dedicated and experienced staff, including the Foundation's Headmaster, Mr. Kevin Carson, who oversees the overall operations and development of the schools. They also have a Board of Governors, which is responsible for the strategic direction of the foundation.
For those interested in learning more about the foundation or enrolling their child in one of their schools, they can visit their website at www.wgsf.org.uk. The registered office address for the Wakefield Grammar School Foundation is at Northgate, Wakefield, West Yorkshire, WF1 3QX, United Kingdom.
In summary, the Wakefield Grammar School Foundation is a reputable educational institution that provides quality education to students while also promoting sustainability. With a team of dedicated staff and a strong commitment to their mission, the foundation continues to make a positive impact in the Wakefield community.
