THE ST NEOTS LEARNING PARTNERSHIP
Company Information
- Company Number
- 07703784
- Registered Address
- Longsands College, Longsands Road, St. Neots, Cambridgeshire, PE19 1LQ
- Status
- Dissolved
- Employee Count
- 344
- Turnover
- £14,848,000
- EBITDA
- -£1,153,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 13 July 2011
- Nature of Business
- 85310 - General secondary education
- Industries
- Education
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for THE ST NEOTS LEARNING PARTNERSHIP to pay invoices has fluctuated over the past three periods. In the first period (Sep 2017 - Feb 2018), the average time was 22 days, increasing to 27.3 days in the second period (Mar 2018 - Aug 2018), and then decreasing to 23.3 days in the third period (Sep 2018 - Feb 2019).
Volatility Analysis
The volatility of THE ST NEOTS LEARNING PARTNERSHIP's payment times can be seen in the changes between periods. In the first period, 83% of invoices were paid within 30 days, with only 2% paid later than 60 days. This changed in the second period, with a decrease to 69% of invoices paid within 30 days and an increase to 8% paid later than 60 days. The third period saw a slight improvement, with 79% of invoices paid within 30 days and a decrease to 6% paid later than 60 days.
Summary Analysis
In the first period, THE ST NEOTS LEARNING PARTNERSHIP had an average time to pay of 22 days, with 83% of invoices paid within 30 days and only 2% paid later than 60 days. In the second period, the average time increased to 27.3 days, with a decrease to 69% of invoices paid within 30 days and an increase to 8% paid later than 60 days. The third period saw a slight improvement, with an average time of 23.3 days, 79% of invoices paid within 30 days, and a decrease to 6% 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 Sept 2017 - 28 Feb 2018 | 09 Mar 2018 | 22 | 83% | 15% | 2% | 17% |
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
No formal standard terms are in place. Most frequently used payment period is 30 days
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
30
Dispute Resolution Process
All disputes/complaints are dealt with by school's finance departments in the first instance. If necessary the dispute/complaint is esclated to a school's Finance Manager As a last resort any disputes/complaints are investigated by the Trust's Finance Director
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.
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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.
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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.
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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 St Neots Learning Partnership is a non-profit organization based in the town of St Neots, Cambridgeshire, UK. The partnership's main objective is to provide high-quality education and learning opportunities to the local community. They offer a range of services such as adult education courses, community events, and workshops for children.
One of the key initiatives of the St Neots Learning Partnership is their sustainability program. This program aims to promote environmentally friendly practices and educate the community about sustainability. They organize events and workshops on topics such as recycling, energy conservation, and sustainable living. The partnership also works with local businesses to promote sustainable practices in the town.
The partnership also offers a variety of products and services to support their mission. They have an online platform where users can access educational resources, information about upcoming events, and sign up for courses. Additionally, they have a community center where they host various events and workshops.
The key people involved in the St Neots Learning Partnership include the Board of Trustees, who oversee the organization's operations, and the team of dedicated staff members and volunteers who work tirelessly to provide quality education and services to the community.
For more information on the partnership and its activities, interested individuals can visit their website at www.stneotslearningpartnership.com. The registered office address for the partnership is 1 Almond Road, St Neots, Cambridgeshire, PE19 1DZ.
