BOHUNT EDUCATION TRUST

Company Information

Company Number
07535642
Registered Address
Longmoor Road, Liphook, Hampshire, GU30 7NY
Status
Active
Employee Count
1,282
Turnover
£79,610,000
EBITDA
£5,437,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
18 February 2011
Nature of Business
85310 - General secondary education
93110 - Operation of sports facilities
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
37 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:1825 days

Payment Timeline

Within 30 Days
54%
31-60 Days
39%
After 60 Days
7%
Not Paid Within Terms66%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

The average time taken by BOHUNT EDUCATION TRUST to pay invoices has decreased from 2017-2018 to 2019-2020. The percentage of invoices paid within 30 days has also decreased in the same period, while the percentage of invoices paid between 31 and 60 days has increased. However, the percentage of invoices paid later than 60 days has decreased from 2018-2019 to 2019-2020. This shows that the company has been making efforts towards paying invoices on time.

Volatility Analysis

The company's average time to pay has been relatively stable in the past three periods, with a decrease in 2018-2019 and a slight increase in 2019-2020. However, there has been some volatility in the percentage of invoices paid within 30 days, with a decrease in 2018-2019 and then an increase in 2019-2020. The percentage of invoices paid between 31 and 60 days has also shown some volatility, with an increase in 2018-2019 and then a decrease in 2019-2020. The biggest change has been seen in the percentage of invoices paid later than 60 days, which has decreased significantly in 2019-2020 compared to the previous periods.

Performance Reports History

Reporting Period Filed: 2019-11-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2019 - 31 Aug 201901 Nov 20193754%39%7%66%
01 Sept 2018 - 28 Feb 201905 Apr 20194170%9%21%30%
01 Mar 2018 - 31 Aug 201805 Apr 20194865%17%18%35%
01 Sept 2017 - 28 Feb 201822 Mar 20182969%9%22%31%

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

30 days standard payment 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

1825

Dispute Resolution Process

A dispute would be raised by budget holders, and communicated to suppliers by the finance department. Invoices are put on hold until disputes are resolved.

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

Bohunt Education Trust (BET) is a multi-academy trust that operates a group of schools in the United Kingdom. Founded in 2011, BET is committed to providing high-quality education and creating a sustainable future for its students and the wider community.

One of BET's key focuses is on sustainability, with the aim of educating students to be environmentally responsible and socially conscious citizens. The trust has implemented various initiatives across its schools, such as recycling programs, energy-efficient measures, and promoting sustainable transportation options.

BET also offers a range of products and services, including academic courses, extracurricular activities, and career guidance to its students. The trust places a strong emphasis on developing a well-rounded education for its students, with a focus on instilling values such as resilience, respect, and responsibility.

The trust is led by a team of experienced and dedicated individuals, including the CEO, Neil Strowger, and the Chair of the Board, Nicky Bowden. BET works closely with its school leaders, staff, and governors to ensure the highest standards of education and support for its students.

For more information on BET's activities, sustainability program, and services, please visit their website at https://bohunttrust.co.uk/. The registered office address for BET is at Bohunt School, Longmoor Road, Liphook, Hampshire, GU30 7NY.

Financial Metrics

Cash
£27,202,078
Net Worth
£217,830,429
Total Current Assets
£30,104,255
Total Current Liabilities
£6,700,522

Company Location