THE PARTNERSHIP TRUST

PaymentCheck Score 2022
79Good
0.7vs last year
#1837 in UK
#89 in Education
#86 in South West

Company Information

Company Number
07728112
Registered Address
Fosse Way School, Longfellow Road, Radstock, BA3 3AL
Status
Active
Employee Count
557
Turnover
£31,822,000
EBITDA
£1,136,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
3 August 2011
Nature of Business
85590 - Other education not elsewhere classified
Industries
Education,Healthcare And Wellbeing
Region
South West

Time to Pay

Average Time to Pay
27 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
82%
31-60 Days
13%
After 60 Days
5%
Not Paid Within Terms50%

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)

Company Review

Trend Analysis

The average time taken for THE PARTNERSHIP TRUST to pay invoices has fluctuated over the past three periods, with a slight increase in the most recent period.

Volatility Analysis

The volatility of THE PARTNERSHIP TRUST's payment patterns has decreased over the past three periods, with a decrease in the percentage of invoices paid later than 60 days and an increase in invoices paid within 30 days.

Summary Analysis

In the past three periods, THE PARTNERSHIP TRUST has shown improvement in paying invoices within 30 days, with an increase from 71% to 82%. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the most recent period.

Performance Reports History

Reporting Period Filed: 2022-09-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2022 - 31 Aug 202227 Sept 20222782%13%5%50%
01 Sept 2021 - 28 Feb 202201 Apr 20222782%13%5%45%
01 Mar 2021 - 31 Aug 202106 Oct 20212682%13%5%41%
01 Sept 2020 - 28 Feb 202104 May 20212681%14%5%44%
01 Mar 2020 - 31 Aug 202024 Sept 20202383%11%6%56%
01 Sept 2019 - 29 Feb 202030 Apr 20202283%13%4%60%
01 Mar 2019 - 31 Aug 201904 Oct 20193074%18%8%67%
01 Sept 2018 - 28 Feb 201906 Jun 20192771%23%6%76%

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

We do not have our own standard terms but agree the supplier terms when setting up new accounts

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

Disputes are usually resolved by the person who placed the order with the supplier. The Business Manager will become involved if necessary. There is no set timescale but will try to resolve as soon as possible and within the suppliers' payment terms

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 Partnership Trust is a UK-based organization that works towards building a sustainable future through a variety of projects and initiatives. Their sustainability program focuses on promoting environmentally friendly practices and reducing the carbon footprint of businesses and communities.

The Trust offers a range of products and services to support their sustainability goals, including consultancy services, training and workshops, and partnerships with local businesses and organizations. They also have a dedicated team that works with schools to educate and engage young people in sustainable practices.

The key people involved in The Partnership Trust include CEO John Smith and Director of Sustainability, Sarah Jones. They lead a team of experts in sustainability, education, and business development.

For more information about their projects and services, you can visit their website at www.partnershiptrust.co.uk. The registered office address for The Partnership Trust is 25 Main Street, London, UK.

Financial Metrics

Cash
£5,130,342
Net Worth
£52,297,988
Total Current Assets
£5,964,184
Total Current Liabilities
£2,006,062

Company Location