THE FIRST FEDERATION TRUST
Company Information
- Company Number
- 07819870
- Registered Address
- Blackpool C Of E Primary School, Liverton, Newton Abbot, Devon, TQ12 6JB
- Status
- Active
- Employee Count
- 605
- Turnover
- £24,410,000
- EBITDA
- -£267,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 21 October 2011
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education
- Industries
- Education,Healthcare And Wellbeing
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
From September 2018 to August 2024, there has been a consistent trend of paying invoices within 30 days with an average time to pay of 14 days. However, there was a significant improvement in March 2021 when the average time to pay dropped to 6 days.
Volatility Analysis
The volatility in invoice payment for THE FIRST FEDERATION TRUST has been relatively low with no major changes in the percentage of invoices paid within 30 days, between 31 and 60 days, or later than 60 days. The only notable change was in March 2021 when the percentage of invoices paid within 30 days increased by 1% while the percentage of invoices not paid within agreed terms increased by 6%.
Summary Analysis
Between September 2018 to August 2024, THE FIRST FEDERATION TRUST has consistently paid invoices within an average of 14 days. However, there was a significant improvement in March 2021 when the average time to pay dropped to 6 days. This trend has continued since then.
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 2023 - 29 Feb 2024 | 06 Mar 2024 | 6 | 99% | 0% | 1% | 7% |
| 01 Mar 2023 - 31 Aug 2023 | 26 Sept 2023 | 6 | 99% | 1% | 0% | 6% |
| 01 Sept 2022 - 28 Feb 2023 | 03 Mar 2023 | 6 | 99% | 1% | 0% | 6% |
| 01 Mar 2022 - 31 Aug 2022 | 07 Sept 2022 | 6 | 100% | 0% | 0% | 6% |
| 01 Sept 2021 - 28 Feb 2022 | 08 Mar 2022 | 6 | 100% | 0% | 0% | 6% |
| 01 Mar 2021 - 31 Aug 2021 | 02 Sept 2021 | 6 | 99% | 1% | 0% | 6% |
| 01 Sept 2020 - 28 Feb 2021 | 08 Mar 2021 | 6 | 99% | 1% | 0% | 6% |
| 01 Mar 2020 - 31 Aug 2020 | 24 Sept 2020 | 14 | 100% | 0% | 0% | 0% |
| 01 Sept 2019 - 29 Feb 2020 | 10 Mar 2020 | 14 | 100% | 0% | 0% | 0% |
| 01 Mar 2019 - 31 Aug 2019 | 15 Oct 2019 | 14 | 100% | 0% | 0% | 0% |
| 01 Sept 2018 - 28 Feb 2019 | 15 Oct 2019 | 14 | 100% | 0% | 0% | 0% |
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 pay all invoices within the standard 30 days of receipt of invoice unless we have invoices that are in dispute and then these will be monitored and followed up regularly
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 relating to payments for any goods or services, under any qualifying contracts, are initially directed to the relevant finance administrator within the school to which the goods or services were supplied or ordered. Any dispute will be investigated and resolved as quickly as possible by the Finance Administrator or passed over to a member of the First Federation Trust central finance team for further investigation.
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 First Federation Trust is a non-profit organization based in the United Kingdom that focuses on promoting sustainability and environmental awareness. Their mission is to provide education, support, and resources to individuals and businesses in order to create a more sustainable future.
The Trust offers a variety of services and products to support this mission. These include workshops, training programs, and consultations for individuals and businesses looking to incorporate sustainable practices into their daily lives or operations. They also offer a certification program for businesses that meet certain sustainability criteria.
The Trust is led by a team of dedicated and experienced individuals, including a board of directors and a team of staff members. They work closely with local communities, government agencies, and other organizations to promote sustainability and advocate for environmental protection.
In addition to their services, the First Federation Trust also has a strong sustainability program in place. This includes initiatives such as waste reduction, energy conservation, and promoting sustainable transportation. They also actively engage in community projects, such as tree planting and beach clean-ups, to raise awareness and make a positive impact on the environment.
For those interested in learning more or getting involved, the First Federation Trust can be contacted through their website, which is www.firstfederationtrust.co.uk. Their registered office address is located in London, and their contact information can be found on their website. Overall, The First Federation Trust is a dedicated and influential organization that is committed to creating a more sustainable and environmentally-friendly future.
