EMMANUEL SCHOOLS FOUNDATION

PaymentCheck Score 2024
92Excellent
2.5vs last year
#925 in UK
#42 in Education
#9 in North East

Company Information

Company Number
04464331
Registered Address
Trinity House Bede Academy, Sixth Avenue, Blyth, Northumberland, NE24 2SY
Status
Active
Employee Count
1,128
Turnover
£58,577,000
EBITDA
£2,208,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
19 June 2002
Nature of Business
85600 - Educational support services
Industries
Education
Region
North East

Time to Pay

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

Payment Timeline

Within 30 Days
85%
31-60 Days
14%
After 60 Days
1%
Not Paid Within Terms17%

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)

Company Review

Trend Analysis

The average time taken for EMMANUEL SCHOOLS FOUNDATION to pay invoices has remained relatively stable over the past 5 periods, with only a slight decrease from 44 days in the first period to 22 days in the most recent period. However, there has been a noticeable improvement in the percentage of invoices paid within 30 days, increasing from 17% in the first period to 85% in the most recent period. This suggests that the company has been making an effort to pay invoices more promptly.

Volatility Analysis

The volatility of EMMANUEL SCHOOLS FOUNDATION's payment habits can be seen in the fluctuations of the percentage of invoices paid within 30 days, which has ranged from 17% to 23% over the past 5 periods. This indicates that the company's payment practices are not consistent and may be influenced by external factors.

Summary Analysis

In the past 5 periods, EMMANUEL SCHOOLS FOUNDATION has maintained an average time to pay of around 40 days, with a slight decrease in the most recent period. The company has also shown improvement in paying invoices within 30 days, with an increase from 17% to 85% in the past 5 periods. However, the percentage of invoices paid later than 60 days has remained consistently high, ranging from 10% to 12% over the same period. The company's standard payment period has remained at 30 days throughout all periods.

Performance Reports History

Reporting Period Filed: 2023-09-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202406 Mar 20242090%9%1%12%
01 Mar 2023 - 31 Aug 202326 Sept 20232285%14%1%17%
01 Sept 2022 - 28 Feb 202317 Mar 20232188%10%2%12%
01 Mar 2022 - 31 Aug 202230 Sept 20224220%74%6%8%
01 Sept 2021 - 28 Feb 202207 Mar 20224221%71%8%14%
01 Apr 2021 - 31 Aug 202127 Sept 20214023%72%5%4%
01 Sept 2020 - 28 Feb 202109 Mar 20214319%71%10%33%
01 Mar 2020 - 31 Aug 202028 Sept 20204319%71%10%81%
01 Sept 2019 - 29 Feb 202024 Mar 20204421%67%12%80%
01 Mar 2019 - 31 Aug 201917 Sept 20194017%76%7%83%
01 Sept 2018 - 28 Feb 201927 Mar 20194417%73%10%83%

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 are 15th day of following month of invoice date.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

45

Dispute Resolution Process

It will follow our normal complaints procedure link below https://www.esf-web.org.uk/site_assets/files/ESF%20Complaints%20Policy%202018.pdf

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

EMMANUEL SCHOOLS FOUNDATION is a non-profit organization that strives to provide quality education and promote sustainable development in underprivileged communities. Founded in 1998, the foundation operates several schools in the UK and around the world, with a focus on promoting social and environmental responsibility.

The foundation's sustainability program is a key aspect of their mission, aiming to educate students and communities about the importance of preserving the environment and implementing sustainable practices. They have implemented various initiatives such as recycling programs, organic gardening, and energy conservation projects in their schools, and also work with local communities to promote sustainable living.

EMMANUEL SCHOOLS FOUNDATION offers a range of products and services, including quality education for children from disadvantaged backgrounds, vocational training for youth, and community development programs. They also have partnerships with businesses and organizations to provide job opportunities for their graduates.

The foundation is led by a team of dedicated individuals, including trustees, school directors, and volunteers, who work tirelessly to ensure the success of their programs. Their registered office address is located in London, UK, and they can be contacted through their website, which provides information on their schools, programs, and ways to support their cause.

In conclusion, EMMANUEL SCHOOLS FOUNDATION is a reputable organization that is committed to making a positive impact on society through education and sustainable development. Their efforts have helped to improve the lives of many individuals and communities, and they continue to work towards creating a better and more sustainable future for all.

Financial Metrics

Cash
£4,604,141
Net Worth
£92,117,428
Total Current Assets
£6,869,959
Total Current Liabilities
£4,193,951

Company Location