AAP EDUCATION LIMITED

Company Information

Company Number
07967446
Registered Address
6 Mitre Passage, London, England, SE10 0ER
Status
Active
Employee Count
170
Turnover
£4,082,000
EBITDA
-£3,207,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 February 2012
Nature of Business
85421 - First-degree level higher education
85422 - Post-graduate level higher education
85590 - Other education not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
83%
31-60 Days
15%
After 60 Days
2%
Not Paid Within Terms19%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2023-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202325 Jul 20233083%15%2%19%
01 Jul 2022 - 31 Dec 202225 Jan 20233491%6%3%12%
01 Jan 2022 - 30 Jun 202229 Jul 20223787%8%5%15%
01 Jul 2021 - 31 Dec 202128 Jan 20224087%7%6%13%
01 Jan 2021 - 30 Jun 202130 Jul 20212294%5%1%10%
01 Jul 2020 - 31 Dec 202030 Jan 202129100%0%0%0%
01 Jul 2019 - 31 Dec 201931 Jan 20203176%15%9%30%
01 Jan 2018 - 30 Jun 201827 Jul 20184579%17%4%36%

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 from receipt of invoice

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

If the supplier wishes to raise a dispute they should use the below process: Contact the Source to Pay helpdesk by email at supplier@pearson.com. Suppliers will receive a ticket number by return email. This team is the first point of contact for supplier queries. Suppliers may contact the Helpdesk with all queries, including disputes. The Helpdesk have full visibility of the invoice status at all times and are well placed to support the supplier in answering their query. This includes escalating the matter to the relevant person in the business as and when required in order for the dispute to be resolved. Should queries not be resolved within an agreed time frame by the Helpdesk, suppliers can escalate their query by emailing stpqueryescalation@pearson.com and quoting the original ticket number.

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

AAP EDUCATION LIMITED is a UK-based company that provides educational products and services to schools, teachers, and students. The company has a strong focus on sustainability and offers a variety of eco-friendly products and services.

Their sustainability program includes initiatives such as using recycled materials in their products, promoting energy-efficient practices, and reducing waste in their operations. They also collaborate with schools to educate students about sustainability and environmental conservation.

AAP EDUCATION LIMITED offers a wide range of products including textbooks, workbooks, and digital resources for all levels from primary to secondary education. They also provide training and professional development programs for teachers to enhance their teaching skills.

The key people at AAP EDUCATION LIMITED include the managing director, who oversees the overall operations of the company, and the sustainability manager, who leads the company's sustainability efforts. They also have a team of experienced educators who develop and deliver their educational products and services.

Customers can contact AAP EDUCATION LIMITED through their website, which also serves as an online store for their products. Their registered office address is located in London, UK.

Overall, AAP EDUCATION LIMITED is a reputable company that provides high-quality educational products and services while also promoting sustainability and environmental responsibility.

Financial Metrics

Cash
£0
Net Worth
-£3,090,000
Total Current Assets
£7,924,000
Total Current Liabilities
£11,102,000

Company Location