The average payment time for ENDEAVOUR LEARNING TRUST is 43 days, with only 58% of invoices paid within 30 days. This indicates a consistent trend of payments extending beyond standard 30-day terms, as nearly half (48%) are consistently late. A significant 42% of payments fall into the 31-60 days or over 60 days categories, highlighting a clear trajectory towards extended payment cycles.
The 48% late payment rate signifies notable unpredictability in payment timing, making reliable cash flow forecasting challenging for suppliers. With 15% of payments exceeding 60 days, suppliers face a tangible risk of significantly extended payment cycles that can impact liquidity. This variability necessitates a cautious approach to credit terms due to the inconsistent payment behavior.
Overall, suppliers should anticipate payment cycles extending beyond typical 30-day terms when dealing with ENDEAVOUR LEARNING TRUST, given the 43-day average and 48% late payment rate. It is advisable to factor in potential delays to cash flow and consider strategies such as negotiating tighter payment terms or requesting upfront payments for larger commitments. Close monitoring of payment due dates and proactive follow-up will be crucial to mitigate risk.
| 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 2024 - 28 Feb 2025 | 27 Mar 2025 | 43 | 58% | 27% | 15% | 48% |
| 01 Sept 2023 - 29 Feb 2024 | 27 Mar 2024 | 42 | 57% | 28% | 15% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard Terms, Usually 30 days
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
Would try to rectify issues informally initially. Trust has a formal complaints policy published on its website.
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
Endeavour Learning Trust is an active Private Limited Company by guarantee, structured without share capital. This company type, combined with 'Learning Trust' in its name, indicates an organisation established for educational purposes.
The company was incorporated on 15 November 2011 and holds company number 07848372. Its registered office is located at Unit 1 Buckshaw House, East Terrace Business Park Euxton Lane, Euxton, Chorley, England, PR7 6TB, situated within the North West of England.
In the UK market, organisations structured as a learning trust commonly manage and operate a group of schools, such as academies. Their primary services involve providing high-quality education, curriculum delivery, and supporting pupil development across multiple educational establishments.