TOVE LEARNING TRUST
Company Information
- Company Number
- 07525820
- Registered Address
- Brackley Road, Towcester, Northamptonshire, NN12 6DJ
- Status
- Active
- Employee Count
- 1,596
- Turnover
- £100,535,000
- EBITDA
- £20,497,000
Additional Details
- Website
- https://gutp.co.uk/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 10 February 2011
- Nature of Business
- 85310 - General secondary education
- Industries
- Professional Services
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for TOVE LEARNING TRUST has remained consistent at 11-12 days over the past three periods. However, there has been a slight increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid between 31-60 days. The percentage of invoices paid later than 60 days has also decreased over the past three periods.
Volatility Analysis
The volatility for TOVE LEARNING TRUST is relatively low, as the company has maintained an average time to pay of 11-12 days and has consistently paid the majority of invoices within 30 days.
Summary Analysis
From Sep 2020 to Feb 2023, TOVE LEARNING TRUST has maintained an average time to pay of 11-12 days. The company has consistently paid over 90% of invoices within 30 days, with the percentage increasing from 94% to 97% over the past three periods. The percentage of invoices paid between 31-60 days has slightly decreased, while the percentage of invoices paid later than 60 days has significantly decreased from 1% to 0%. The shortest (or only) standard payment period for the company remains at 7 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 2025 - 31 Aug 2025 | 08 Sept 2025 | 12 | 96% | 4% | 0% | 27% |
| 01 Sept 2024 - 28 Feb 2025 | 13 Mar 2025 | 12 | 95% | 4% | 1% | 30% |
| 01 Sept 2023 - 29 Feb 2024 | 18 Mar 2024 | 12 | 97% | 2% | 1% | 30% |
| 01 Mar 2023 - 31 Aug 2023 | 19 Sept 2023 | 12 | 97% | 2% | 1% | 47% |
| 01 Sept 2022 - 28 Feb 2023 | 08 Mar 2023 | 12 | 95% | 4% | 1% | 33% |
| 01 Mar 2022 - 31 Aug 2022 | 29 Sept 2022 | 12 | 96% | 3% | 1% | 27% |
| 01 Sept 2021 - 28 Feb 2022 | 26 Apr 2022 | 12 | 95% | 4% | 1% | 27% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 12 | 97% | 2% | 1% | 22% |
| 01 Sept 2020 - 28 Feb 2021 | 06 Apr 2021 | 11 | 95% | 5% | 0% | 5% |
| 01 Mar 2020 - 31 Aug 2020 | 20 Oct 2020 | 11 | 94% | 5% | 1% | 23% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | |||||
| 01 Sept 2019 - 29 Feb 2020 | 20 Mar 2020 | 11 | 97% | 2% | 1% | 29% |
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 30 days from the date of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Each contract has its own but they rarely deviate from the standard
Maximum contractual payment period agreed
30
Dispute Resolution Process
Each school manages their own disputes.
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
TOVE LEARNING TRUST is a multi-academy trust based in the UK, dedicated to providing quality education and sustainable programs for students. They operate several schools in the Northamptonshire and Buckinghamshire areas, with a focus on promoting academic excellence, personal development and community engagement.
The trust's sustainability program includes initiatives such as reducing carbon emissions, promoting recycling and using eco-friendly materials in their schools. They also have a strong emphasis on promoting healthy lifestyles and wellbeing among their students.
In addition to their educational services, TOVE LEARNING TRUST also offers a range of products and services, including teacher training, educational resources and support for students with special educational needs.
Key people within the trust include the CEO, who is responsible for the overall management and strategic direction, as well as a team of experienced headteachers who oversee the day-to-day operations of each school.
The contact information for TOVE LEARNING TRUST can be found on their website, including their registered office address. Their website also provides information on their schools, programs, and services, as well as updates on their sustainability efforts and community involvement.
In conclusion, TOVE LEARNING TRUST is a reputable and dedicated multi-academy trust, committed to providing quality education and promoting sustainability within their schools and communities. With their focus on academic excellence, personal development, and community engagement, they continue to make a positive impact on the lives of their students and the wider society.
