Industry ranking
Score of 83.2/100 qualifies for PaymentCheck Certification
| 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 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 30 | 83% | 15% | 2% | 19% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 34 | 91% | 6% | 3% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 37 | 87% | 8% | 5% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 40 | 87% | 7% | 6% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 22 | 94% | 5% | 1% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 29 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 26 | 89% | 9% | 2% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 31 | 76% | 15% | 9% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 29 | 82% | 12% | 6% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 45 | 79% | 17% | 4% | 36% |
This information is as reported by the business, and responses are in their own words.
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
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.
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.
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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.
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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.
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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
AAP Education Limited is registered under this name but trades as Escape Studios, a school specialising in animation, games and visual effects training. The organisation offers undergraduate and postgraduate degrees, short courses and industry training in subjects including animation, games, VFX, concept art and motion graphics. It states it has been helping students enter the creative industries since 2002, with tutors who have industry experience at studios such as Walt Disney, EA and Framestore. The provider is registered with the Office for Students and delivers first-degree and postgraduate level higher education alongside other specialist courses, according to its own site content and Companies House business classification.
Generated from the company's website and Companies House records. Sources: pearsoncollege.com · pearsoncollege.com