THE MERCHANT TAYLORS SCHOOLSCROSBY
Company Information
- Company Number
- 06654276
- Registered Address
- 186 Liverpool Road, Crosby, Liverpool, L23 0QP
- Status
- Active
- Employee Count
- 256
- Turnover
- £15,788,000
- EBITDA
- £435,000
Additional Details
- Website
- https://merchanttaylors.com
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 23 July 2008
- Nature of Business
- 85310 - General secondary education
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for THE MERCHANT TAYLORS' SCHOOLS,CROSBY to pay invoices has been fluctuating over the past three periods. It has increased from 23 days in 2017-2018 to 29 days in 2019-2020, before decreasing to 25 days in 2022-2023.
Volatility Analysis
The volatility in the average time taken to pay invoices for THE MERCHANT TAYLORS' SCHOOLS,CROSBY has been relatively low, with a range of only 6 days over the past three periods.
Summary Analysis
Overall, there has been a slight increase in the average time taken for THE MERCHANT TAYLORS' SCHOOLS,CROSBY to pay invoices, with a peak of 29 days in 2019-2020. However, there has also been an improvement in paying invoices within 30 days, with an increase from 73% in 2018-2019 to 81% in 2022-2023. The worst period for late payment was in 2022-2023, where 9% of invoices were paid later than 60 days.
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 2022 - 31 Aug 2022 | 19 Oct 2022 | 25 | 81% | 15% | 4% | 4% |
| 01 Sept 2021 - 28 Feb 2022 | 20 Apr 2022 | 28 | 77% | 18% | 5% | 5% |
| 01 Mar 2021 - 31 Aug 2021 | 08 Nov 2021 | 29 | 74% | 20% | 5% | 5% |
| 01 Sept 2020 - 28 Feb 2021 | 19 Mar 2021 | 26 | 81% | 14% | 5% | 5% |
| 01 Mar 2020 - 31 Aug 2020 | 27 Oct 2020 | 35 | 73% | 19% | 9% | 9% |
| 01 Sept 2019 - 29 Feb 2020 | 04 Aug 2020 | 29 | 74% | 18% | 9% | 9% |
| 01 Mar 2019 - 31 Aug 2019 | 25 Oct 2019 | 29 | 74% | 18% | 9% | 9% |
| 01 Sept 2018 - 28 Feb 2019 | 09 Aug 2019 | 28 | 66% | 31% | 4% | 4% |
| 01 Mar 2018 - 31 Aug 2018 | 18 Jul 2019 | 27 | 73% | 21% | 6% | 6% |
| 01 Sept 2017 - 28 Feb 2018 | 09 Apr 2018 | 23 | 84% | 14% | 3% | 7% |
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
We comply with our supplier's terms
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
Initial issues a dealt with by the budget holder. If not resolved complaints are escalated to the finance department
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 Merchant Taylors' Schools in Crosby, UK are a prestigious group of schools that offer education from early years to secondary levels. The schools are known for their academic excellence, rich history, and strong focus on sustainability.
Their sustainability program, called the "Green Schools Initiative," aims to educate students about environmental issues and encourage them to make sustainable choices in their daily lives. The schools have implemented various eco-friendly practices, such as solar panels, recycling programs, and energy-efficient buildings, to reduce their carbon footprint and promote sustainability.
In addition to their sustainability efforts, the Merchant Taylors' Schools offer a wide range of products and services to students, including a diverse curriculum, extracurricular activities, and pastoral care. The schools have a strong emphasis on developing well-rounded individuals, with a focus on academic, physical, and emotional well-being.
The key people of the Merchant Taylors' Schools include the Headmaster, Mr. David Cook, and the Governors, who oversee the strategic direction and management of the schools. The schools have a dedicated team of teachers, staff, and volunteers who work tirelessly to provide a high-quality education to their students.
For more information on the Merchant Taylors' Schools, their website address is www.merchanttaylors.com. Their registered office address is Merchant Taylors' Schools, Liverpool Road, Crosby, Liverpool, L23 0QP. Overall, the Merchant Taylors' Schools in Crosby are a reputable and sustainable educational institution, dedicated to providing a well-rounded education to their students.
