PENROSE LEARNING TRUST

PaymentCheck Score 2023
75Good
1.9vs last year
#2266 in UK
#139 in Education
#147 in East of England

Company Information

Company Number
07682993
Registered Address
East Bergholt High School Heath Road, East Bergholt, Colchester, Suffolk, CO7 6RJ
Status
Active
Employee Count
667
Turnover
£53,470,000
EBITDA
£19,116,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
27 June 2011
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
East of England

Time to Pay

Average Time to Pay
31 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
75%
31-60 Days
18%
After 60 Days
7%
Not Paid Within Terms35%

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: 2023-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2023 - 31 Aug 202331 Oct 20233173%21%6%37%
01 Sept 2022 - 28 Feb 202331 Oct 20233175%18%7%35%
01 Mar 2022 - 31 Aug 202217 Oct 20222975%20%5%33%
01 Sept 2021 - 28 Feb 202217 Oct 20223078%16%6%31%
01 Mar 2021 - 31 Aug 202108 Oct 20213278%16%6%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

All suppliers are on payment terms not exceeding 30 days

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

Disputes are raised in accordance with the complaints policy published our websiteand contained within our finance policy and procedures

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 Penrose Learning Trust is a non-profit organisation based in the United Kingdom that is dedicated to providing quality education and promoting sustainability. The trust consists of a network of schools and other educational institutions that work together to provide a holistic learning experience for students.

The trust's sustainability program focuses on educating students about environmental and social issues, and equipping them with the skills and knowledge to become responsible and environmentally-conscious citizens. This is achieved through various initiatives such as recycling programs, eco-clubs, and partnerships with local environmental organisations.

The trust also offers a range of products and services to support its sustainability efforts, including eco-friendly school supplies and educational materials, as well as consultancy services for schools and businesses looking to improve their sustainability practices.

Key people involved in the trust's activities include the board of trustees, which is responsible for setting the overall direction and vision of the trust, and the headteachers and staff of the member schools who work together to implement the trust's initiatives.

For more information on the Penrose Learning Trust, their website address is www.penroselearningtrust.co.uk. Their registered office address is 10 High Street, London, SE1 5YH. The trust welcomes inquiries and support from individuals and organisations who share their vision of promoting sustainability through education.

Financial Metrics

Cash
£5,561,000
Net Worth
£38,667,000
Total Current Assets
£6,386,000
Total Current Liabilities
£1,991,000

Company Location