AVONBOURNE INTERNATIONAL BUSINESS AND ENTERPRISE ACADEMY TRUST
Company Information
- Company Number
- 08080096
- Registered Address
- Avonbourne International Business And Enterprise College, Harewood Avenue, Bournemouth, Dorset, BH7 6NY
- Status
- Dissolved
- Employee Count
- 296
- Turnover
- £10,378,000
- EBITDA
- -£940,000
Additional Details
- Website
- https://avonbournetrust.org
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 23 May 2012
- Nature of Business
- 85310 - General secondary education
- Industries
- Education
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
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 2018 - 28 Feb 2019 | 20 Mar 2019 | 28 | 75% | 15% | 10% | 28% |
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
Standard payment terms are normally 30 days except for payment for agency staff and the like which are shorter.
Were there any changes to the standard payment terms in the reporting period?
All standard payment terms are now 30 days or less
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Queries go to the finance department in the first instance. They are responsible for following up with budget holder and seeking a resolution with the supplier.
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.
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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
Company Summary
AVONBOURNE INTERNATIONAL BUSINESS AND ENTERPRISE ACADEMY TRUST is a UK-based educational trust that focuses on providing high-quality business and enterprise education to students. The trust was founded in 2010 and is headquartered in Bournemouth, England.
The trust runs several schools, including Avonbourne College, Avonbourne Sixth Form, and Harewood College, which all offer a range of business and enterprise courses to students aged 11-18. The trust's mission is to prepare students for the ever-changing global business landscape by equipping them with the necessary skills and knowledge to succeed in the business world.
One of the key focuses of the trust is sustainability. They have implemented various initiatives to promote sustainability, such as recycling and promoting eco-friendly practices in their schools. They also have a Sustainability Committee, made up of students and staff, to drive their sustainability efforts forward.
In addition to their educational services, the trust also offers a range of products and services to support their students' learning, such as an online learning platform and a career support program. They also offer training and consultancy services to other schools and businesses.
The trust is led by a board of trustees, who are responsible for the overall management and strategy of the trust. The current CEO is Mr. Phil Grant, who has extensive experience in the education sector.
The registered office address of AVONBOURNE INTERNATIONAL BUSINESS AND ENTERPRISE ACADEMY TRUST is 56 Castle Lane West, Bournemouth, Dorset, BH9 3JU. Their website address is https://www.avonbournetrust.co.uk/ where more information about the trust, its schools, and its services can be found.
