VOYAGE EDUCATION PARTNERSHIP

PaymentCheck Score 2022
93Excellent
1.0vs last year
#618 in UK
#29 in Education
#17 in East Midlands

Company Information

Company Number
08158309
Registered Address
Marian Campus, Marian Road, Boston, Lincolnshire, PE21 9HB
Status
Active
Employee Count
501
Turnover
£26,488,000
EBITDA
£1,481,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
26 July 2012
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
Industries
Education,Healthcare And Wellbeing,Professional Services
Region
East Midlands

Time to Pay

Average Time to Pay
22 days
Shortest Period:10 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
87%
31-60 Days
8%
After 60 Days
5%
Not Paid Within Terms13%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2022 - 31 Aug 202230 Sept 20221990%5%5%10%
01 Sept 2021 - 28 Feb 202227 Mar 20221591%6%3%9%
01 Mar 2021 - 31 Aug 202101 Oct 20211592%5%3%8%
01 Sept 2020 - 28 Feb 202126 Mar 20212187%7%6%13%
01 Mar 2020 - 31 Aug 202028 Sept 20202675%17%8%25%
01 Mar 2019 - 31 Aug 201901 Oct 20192680%15%5%20%

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 the invoice date assuming a valid purchase order number is quoted on the invoice and that goods and services have been satisfactorily received

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

60

Dispute Resolution Process

An initial complaint or concern needs to be entered into writing to the finance department at the registered office or finance@voyage-education.org The finance department will then proceed to carry out the necessary investigations

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

Voyage Education Partnership is a UK-based organization that provides education services and resources to schools and colleges. They aim to improve the quality of education and support the development of young people.

Their sustainability program focuses on promoting sustainable practices within schools and colleges. This includes incorporating sustainability into the curriculum, reducing waste and energy usage, and promoting eco-friendly initiatives.

The organization offers a range of products and services to schools and colleges, including curriculum resources, teacher training, and student support programs. They also provide consultancy services to help schools improve their overall performance.

Key people at Voyage Education Partnership include the director, who oversees the organization's operations and strategic direction, and a team of experienced educators who develop and deliver their programs.

Their website address is www.voyage-education.co.uk, where schools can find more information about their services and resources. The registered office address is 20-22 Wenlock Road, London, N1 7GU, United Kingdom.

In summary, Voyage Education Partnership is a UK-based organization that focuses on improving education and promoting sustainability in schools and colleges. They offer a range of products and services and have a team of experienced educators leading their programs. Their website and registered office address are easily accessible for those interested in their services.

Financial Metrics

Cash
£6,777,000
Net Worth
£32,629,000
Total Current Assets
£7,486,000
Total Current Liabilities
£2,772,000

Company Location