THE SECKFORD FOUNDATION

PaymentCheck Score 2025
83Good
5.2vs last year
#1506 in UK
#31 in Healthcare And Wellbeing
#88 in East of England

Company Information

Company Number
05522615
Registered Address
Marryott House, Burkitt Road, Woodbridge, Suffolk, IP12 4JJ
Status
Active
Employee Count
332
Turnover
£15,412,000
EBITDA
£596,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
29 July 2005
Nature of Business
85200 - Primary education
85310 - General secondary education
87900 - Other residential care activities not elsewhere classified
Industries
Healthcare And Wellbeing
Region
East of England

Time to Pay

Average Time to Pay
26 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
75%
31-60 Days
20%
After 60 Days
5%
Not Paid Within Terms34%

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: 2025-03-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2025 - 31 Aug 202504 Sept 20252484%10%6%25%
01 Sept 2024 - 28 Feb 202521 Mar 20252675%20%5%34%
01 Sept 2023 - 29 Feb 202426 Mar 20242675%21%4%43%
01 Sept 2022 - 28 Feb 202317 Mar 20232483%15%2%31%
01 Mar 2022 - 31 Aug 202221 Sept 20222381%17%2%35%
01 Sept 2021 - 28 Feb 202214 Mar 20222580%16%4%31%
01 Sept 2020 - 28 Feb 202112 Mar 20212582%12%6%33%
01 Mar 2020 - 31 Aug 202025 Sept 20202583%11%6%35%
01 Sept 2019 - 29 Feb 202012 Mar 20202584%12%4%33%
01 Sept 2018 - 28 Feb 201918 Mar 20192780%16%4%30%

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

Our purchase ledger is set with the individual supplier payment terms per their invoice. If there are no terms on the invoice then we assume 30 days until notified otherwise. Payments are made every 2 weeks and the system automatically picks invoices due for payment according to the terms set.

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

30

Dispute Resolution Process

Supplier statements are checked monthly, copies of outstanding documents requested and passed to the appropriate department for authorisation as soon as they are received. Supplier calls and emails are dealt with in real time and as soon as possible on receipt. Purchase ledger team work with authorising departments to help understand and resolve queries. Any disputes are discussed between the supplier, purchaser and accounts department to enable speedy resolution.

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 Seckford Foundation is a charitable organization based in Suffolk, England, that aims to improve the lives of people in the local community. The Foundation has been in existence since 1587 and is committed to providing sustainable support to its beneficiaries.

The Foundation's sustainability program focuses on promoting environmental stewardship and responsible use of resources. This includes initiatives such as energy efficiency and waste reduction measures in their buildings, as well as promoting sustainable practices in their educational programs.

The Foundation offers a range of services and products to the community, including educational programs such as the Seckford Education Trust, which operates primary and secondary schools in the area. They also provide support and grants to local organizations and individuals in need, and offer affordable housing options for low-income families.

Key people involved in the Seckford Foundation include the Board of Trustees, which is responsible for setting the overall direction and strategy of the Foundation, and the Foundation's Chief Executive, who oversees the day-to-day operations.

Contact information for the Seckford Foundation can be found on their website, including their registered office address in Woodbridge, Suffolk. The website also provides information on how to get involved with the Foundation's work, whether through donations, volunteering, or applying for support. Overall, the Seckford Foundation continues to make a positive impact on the community through its sustainable practices and commitment to improving lives.

Financial Metrics

Cash
£135,000
Net Worth
£25,571,000
Total Current Assets
£991,000
Total Current Liabilities
£2,532,000

Company Location