TEACH FIRST
Company Information
- Company Number
- 04478840
- Registered Address
- 6 Mitre Passage, Greenwich Peninsula, London, England, SE10 0ER
- Status
- Active
- Employee Count
- 754
- Turnover
- £63,476,000
- EBITDA
- -£1,187,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 5 July 2002
- Nature of Business
- 85600 - Educational support services
- Industries
- Education,Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 28 Feb 2025 | 28 Mar 2025 | 22 | 94% | 5% | 1% | 5% |
| 01 Sept 2023 - 29 Feb 2024 | 28 Mar 2024 | 24 | 91% | 8% | 1% | 9% |
| 01 Mar 2023 - 31 Aug 2023 | 29 Sept 2023 | 16 | 97% | 3% | 0% | 3% |
| 01 Sept 2022 - 28 Feb 2023 | 22 Mar 2023 | 18 | 96% | 3% | 1% | 3% |
| 01 Mar 2022 - 31 Aug 2022 | 23 Sept 2022 | 18 | 93% | 5% | 2% | 4% |
| 01 Sept 2021 - 28 Feb 2022 | 22 Mar 2022 | 17 | 94% | 6% | 0% | 6% |
| 01 Mar 2021 - 31 Aug 2021 | 29 Sept 2021 | 19 | 93% | 5% | 2% | 6% |
| 01 Sept 2020 - 28 Feb 2021 | 29 Mar 2021 | 23 | 82% | 14% | 4% | 17% |
| 01 Mar 2020 - 31 Aug 2020 | 25 Sept 2020 | 22 | 85% | 12% | 3% | 14% |
| 01 Sept 2018 - 28 Feb 2019 | 19 Mar 2019 | 30 | 79% | 12% | 9% | 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
Standard payment terms for supply of services: "6.2 The Supplier shall invoice the Charity for the charges that are payable as set out in Schedule 2. The Charity shall pay each invoice which is properly due and submitted by the Supplier, within 30 days of receipt, to a bank account nominated in writing by the Supplier. 6.3 The Charity shall be entitled to deduct from the Charges and any other sums due to the Supplier any sums that the Supplier may owe to the Charity at any time. The Charity shall also be entitled to withhold payment of the Charges (or any part of the Charges) in the event it is not satisfied (acting reasonably) with the quality of delivery of the Services, until such time as it is satisfied." Standard payment terms for consultancy agreements: "4b) Provided Teach First is satisfied with the quality of delivery of the Services, Teach First shall pay each invoice submitted by the Consultant in accordance with Sub-clause 4(a) within 30 days of receipt. Teach First reserves the right to withhold payment of the fees specified in Sub-clause 4(a) (or any part of the fees) in the event it is not satisfied (acting reasonably) with the quality of delivery of the Services, until such time as it is satisfied."
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
Initial queries about payments should be directed to accountspayable@teachfirst.org.uk Teach First aims to pay all invoices with a valid Purchase Order within 30 days of receipt as standard. Invoices without a Purchase Order number may be queried internally and/or returned to the supplier. Disputes from Teach First will be raised to a contact name listed on the invoice to us. Disputes raised by a supplier over missing or late payment may be raised to Ujerekre Okaro, Financial Controller in the first instance or to the Regulatory and Legal team. Should a dispute arise related to satisfactory quality of services the parties shall attempt to settle it by negotiation. The process will be handled by the Regulatory and Legal team who are contactable at governance@teachfirst.org.uk. Alternatively, a supplier can write to the Company Secretary, Teach First, 6 Mitre Passage, Greenwich, London SE10 0ER. Complaints should be made within three months of the relevant incident. A complaint will be acknowledged within 10 working days of receiving it and Teach First will send a formal response as quickly as we can, but within 20 working days.
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.
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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
TEACH FIRST is a charity organization founded in 2002 with the mission of addressing educational inequality in the UK. They aim to improve the quality of education for disadvantaged children and young people by recruiting and training teachers to work in schools in low-income areas.
Their sustainability program, known as "Teach for Sustainability", focuses on equipping teachers with the skills and knowledge to incorporate sustainable practices and topics into their teaching. This includes training on environmental issues, teaching methods that promote sustainability, and promoting social responsibility among students.
TEACH FIRST also offers a range of products and services, such as leadership development programs for teachers and school leaders, curriculum resources, and partnerships with businesses to support schools in disadvantaged areas.
The organization is led by CEO Russell Hobby and has a team of dedicated staff, as well as a Board of Trustees and Ambassadors who work to drive their mission forward.
Their website, www.teachfirst.org.uk, provides information on their programs, resources, and ways to get involved or support their work. Their registered office address is at 6 Mitre Passage, London, SE10 0ER.
