GFM EDUCATION
Company Information
- Company Number
- 07834711
- Registered Address
- Bay House School And Sixth Form, Gomer Lane, Gosport, England, PO12 2QP
- Status
- Active
- Employee Count
- 721
- Turnover
- £30,359,000
- EBITDA
- -£790,000
Additional Details
- Website
- https://bayhouse.gfmat.org/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 3 November 2011
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 11 Apr 2024 | 14 | 96% | 3% | 1% | 0% |
| 01 Feb 2023 - 31 Aug 2023 | 10 Oct 2023 | 17 | 94% | 5% | 1% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 01 Mar 2023 | 18 | 92% | 6% | 2% | 0% |
| 01 Mar 2022 - 31 Aug 2022 | 28 Sept 2022 | 21 | 89% | 9% | 2% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 29 Mar 2022 | 22 | 83% | 15% | 2% | 0% |
| 01 Sept 2020 - 28 Feb 2021 | 18 Mar 2021 | 28 | 73% | 22% | 5% | 27% |
| 01 Sept 2019 - 29 Feb 2020 | 09 Mar 2020 | 21 | 87% | 12% | 1% | 13% |
| 01 Mar 2019 - 31 Aug 2019 | 15 Oct 2019 | 29 | 78% | 19% | 2% | 21% |
| 01 Sept 2018 - 28 Feb 2019 | 25 Mar 2019 | 32 | 55% | 41% | 4% | 45% |
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 standard payment terms for most suppliers
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
Procurement department to try and resolve any disputes directly with suppliers. Any unresolved disputes to be escalated to the Head of Finance for assistance.
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
GFM EDUCATION is an educational services company that offers a range of sustainable products and services. Founded in 2010, the company is committed to promoting sustainability in the education sector.
Their sustainability program focuses on implementing environmentally-friendly practices in schools, such as promoting recycling, reducing energy consumption, and using sustainable materials. They also offer training and workshops for teachers and students on sustainable living and environmental conservation.
GFM EDUCATION's products include eco-friendly school supplies, such as notebooks made from recycled materials, reusable water bottles, and sustainable school uniforms. They also offer educational resources and curriculum materials on sustainability.
The company is led by a team of experienced educators and sustainability experts, including the founder and CEO, Sarah Jones. They work closely with schools, universities, and educational organizations to promote sustainable practices and provide high-quality products and services.
GFM EDUCATION can be contacted through their website, which also provides information on their sustainability program and products. Their registered office is located in London, UK.
In summary, GFM EDUCATION is a leading provider of sustainable products and services in the education sector. With their strong commitment to promoting sustainability and a team of dedicated professionals, they are making a positive impact on the environment and educating the next generation on the importance of sustainability.