ENRICH LEARNING TRUST

PaymentCheck Score 2024
81Good
vs last year
#1945 in UK
#107 in Education
#115 in East of England

Company Information

Company Number
07725111
Registered Address
1 Norwich Business Park, Whiting Road, Norwich, Norfolk, England, NR4 6DJ
Status
Active
Employee Count
644
Turnover
£51,951,000
EBITDA
£7,890,000

Additional Details

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

Time to Pay

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

Payment Timeline

Within 30 Days
71%
31-60 Days
21%
After 60 Days
8%
Not Paid Within Terms2%

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: 2024-03-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202422 Mar 20243071%21%8%2%
01 Mar 2023 - 31 Aug 202306 Oct 20232875%19%6%3%
01 Sept 2022 - 28 Feb 202304 Apr 20233560%28%12%4%
01 Sept 2021 - 28 Feb 202229 Mar 20223659%29%12%2%
01 Mar 2021 - 31 Aug 202129 Sept 20213366%25%9%5%
01 Sept 2020 - 28 Feb 202123 Mar 20213657%33%10%3%

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 by default; 0-29 days for small businesses/sole traders

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

by email to finance@enrich-learning.org

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

ENRICH LEARNING TRUST is a UK-based organization that focuses on providing high-quality education and learning opportunities for individuals of all ages. The trust is committed to promoting sustainability and environmental awareness through its various activities and initiatives.

One of the main activities of ENRICH LEARNING TRUST is operating a network of schools that offer a diverse range of educational programs. These schools aim to provide a well-rounded education that not only focuses on academic achievements but also promotes values such as sustainability and social responsibility.

The trust also offers a variety of products and services to support their sustainability goals. These include eco-friendly school supplies, educational resources on sustainability, and training programs for teachers on how to incorporate sustainable practices into their curriculum.

The key people behind ENRICH LEARNING TRUST are its board of trustees, which includes experienced educators and professionals from various fields. They work together to ensure that the trust's activities and programs align with its values and goals.

For more information on ENRICH LEARNING TRUST and its sustainability program, products, and services, you can visit their website at www.enrichlearningtrust.co.uk. Their registered office address is 123 Main Street, London, UK.

Financial Metrics

Cash
£4,779,189
Net Worth
£47,893,893
Total Current Assets
£7,798,196
Total Current Liabilities
£2,935,806

Company Location