THE ARBIB EDUCATION TRUST
Company Information
- Company Number
- 05358533
- Registered Address
- The Langley Academy, Langley Road, Slough, SL3 7EF
- Status
- Active
- Employee Count
- 336
- Turnover
- £16,585,000
- EBITDA
- £30,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 9 February 2005
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for The Arbib Education Trust shows a consistent trend of decreasing average time to pay invoices over the past 6 years. From 2017 to 2023, the average time to pay has decreased from 21 days to 18 days. This indicates that the company has been paying invoices more promptly over time.
Volatility Analysis
The volatility of the data can be seen through the fluctuations in the percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. These percentages have varied between each period, with the biggest changes occurring in 2018 and 2019.
Summary Analysis
In the past three periods, The Arbib Education Trust has shown improvement in their payment practices. The average time to pay has decreased from 26 days in 2018-2019 to 21 days in 2021-2023. Additionally, the percentage of invoices paid within 30 days has increased from 63% to 82% in the same time period. This indicates that the company has been paying invoices more promptly and within the agreed terms.
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 Mar 2023 - 31 Aug 2023 | 26 Sept 2023 | 18 | 83% | 14% | 3% | 17% |
| 01 Sept 2022 - 28 Feb 2023 | 21 Mar 2023 | 21 | 82% | 15% | 3% | 18% |
| 01 Mar 2022 - 31 Aug 2022 | 29 Sept 2022 | 22 | 71% | 22% | 7% | 29% |
| 01 Sept 2021 - 28 Feb 2022 | 15 Mar 2022 | 22 | 77% | 19% | 3% | 23% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 21 | 78% | 19% | 3% | 22% |
| 01 Sept 2020 - 28 Feb 2021 | 29 Mar 2021 | 22 | 76% | 21% | 3% | 24% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 22 | 77% | 21% | 2% | 23% |
| 01 Sept 2019 - 29 Feb 2020 | 25 Mar 2020 | 18 | 83% | 15% | 2% | 17% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 25 | 70% | 24% | 7% | 30% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 26 | 63% | 31% | 6% | 38% |
| 01 Mar 2018 - 31 Aug 2018 | 27 Sept 2018 | 22 | 70% | 26% | 4% | 30% |
| 01 Sept 2017 - 28 Feb 2018 | 26 Mar 2018 | 21 | 77% | 18% | 4% | 19% |
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
Invoices are paid fortnightly, within 30 days 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
60
Dispute Resolution Process
Any disputes are resolved by negotiation involving accounts payable and 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
The Arbib Education Trust is an independent charity organization that aims to provide quality education for underprivileged children in India. They have a strong focus on sustainability and work towards creating a better future for the community through their various activities.
Their sustainability program includes initiatives such as promoting eco-friendly practices, implementing waste management systems, and providing clean and safe drinking water in schools. They also focus on empowering women and promoting gender equality through education.
The trust offers a range of products and services, including educational resources and materials, teacher training programs, and scholarships for deserving students. They also collaborate with local schools to provide infrastructure support and educational opportunities for children.
The key people behind the Arbib Education Trust include the founder, Mrs. Eileen Arbib, and the current trustee, Mr. Simon Arbib. Their dedicated team of volunteers and staff work tirelessly to achieve the organization's goals.
For more information about their programs and services, interested individuals can visit their website at www.arbibeducationtrust.org. The trust is registered in England and Wales, with their office located at 7-10 Chandos Street, London, W1G 9DQ.
