WADE DEACON TRUST
Company Information
- Company Number
- 08278808
- Registered Address
- C/O Wade Deacon High School, Birchfield Road, Widnes, WA8 7TD
- Status
- Active
- Employee Count
- 730
- Turnover
- £44,749,000
- EBITDA
- £2,619,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 2 November 2012
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education,Professional Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for WADE DEACON TRUST's average time to pay invoices has been decreasing over the past six periods, dropping from 37 days in 2017-09 to 12 days in 2023-08. This is a significant decrease of 68.3% over this time period.
Volatility Analysis
The volatility of WADE DEACON TRUST's average time to pay invoices has been relatively stable over the past six periods, with only a 2-day difference between the highest and lowest values.
Summary Analysis
From 2017-09 to 2023-08, WADE DEACON TRUST's average time to pay invoices has decreased from 37 days to 12 days, a significant decrease of 68.3%. The percentage of invoices paid within 30 days has also consistently increased, from 57% in 2017-09 to 95% in 2023-08. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 8% in 2017-09 to 9% in 2023-08. The shortest standard payment period has remained at 0 days throughout the entire time period.
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 2024 - 28 Feb 2025 | 06 May 2025 | 11 | 96% | 3% | 1% | 4% |
| 01 Sept 2023 - 29 Feb 2024 | 18 Mar 2024 | 12 | 95% | 4% | 1% | 7% |
| 01 Mar 2023 - 31 Aug 2023 | 28 Sept 2023 | 12 | 95% | 4% | 1% | 8% |
| 01 Sept 2022 - 28 Feb 2023 | 29 Mar 2023 | 12 | 97% | 2% | 1% | 8% |
| 01 Mar 2022 - 31 Aug 2022 | 21 Sept 2022 | 19 | 89% | 9% | 2% | 10% |
| 01 Sept 2021 - 28 Feb 2022 | 30 Mar 2022 | 25 | 71% | 23% | 6% | 14% |
| 01 Mar 2021 - 31 Aug 2021 | 01 Oct 2021 | 21 | 76% | 19% | 5% | 9% |
| 01 Sept 2020 - 28 Feb 2021 | 01 Apr 2021 | 23 | 80% | 15% | 5% | 10% |
| 01 Mar 2020 - 31 Aug 2020 | 29 Sept 2020 | 24 | 74% | 20% | 6% | 10% |
| 01 Sept 2019 - 29 Feb 2020 | 30 Mar 2020 | 28 | 62% | 31% | 7% | 19% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 23 | 65% | 30% | 5% | 21% |
| 01 Sept 2018 - 28 Feb 2019 | 20 Sept 2019 | 32 | 60% | 34% | 6% | 14% |
| 01 Mar 2018 - 31 Aug 2018 | 20 Sept 2019 | 28 | 57% | 34% | 9% | 15% |
| 01 Sept 2017 - 28 Feb 2018 | 20 Sept 2019 | 37 | 57% | 35% | 8% | 15% |
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
Most frequently used payment terms are 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Finance team will raise a dispute with the supplier if there is a question about whether all the goods have arrived or are in a suitable condition. There may also be queries regarding the value on the invoice or any other arithmetical errors. These are raised via phone and in email and invoices are held on dispute on the system until the query is resolved, resulting in payment being made or a credit being issued.
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
WADE DEACON TRUST is a UK-based charity that works towards providing support and opportunities for individuals with disabilities. The trust was founded in 1988 and since then has been dedicated to promoting independence, inclusion, and choice for people with disabilities.
The trust offers a range of services and activities to support individuals with disabilities, including residential care, supported living, day services, and community support. Their goal is to empower individuals with disabilities to live fulfilling lives and reach their full potential.
One of the key initiatives of WADE DEACON TRUST is their sustainability program. The trust is committed to promoting sustainability and reducing their carbon footprint. They have implemented various measures to reduce waste, conserve energy, and promote environmentally-friendly practices within their organization.
The trust also offers a variety of products, such as handmade crafts and products made by individuals with disabilities. These products are available for purchase on their website, with the proceeds going towards supporting their programs and services.
The key people behind WADE DEACON TRUST include their CEO, Steve Osborne, and a team of dedicated staff and volunteers who work tirelessly to support individuals with disabilities. They also have a board of trustees who oversee the management and strategic direction of the trust.
For more information on WADE DEACON TRUST, their services, and products, you can visit their website at www.wadedeacontrust.com. Their registered office address is 7-11 Hardshaw Street, St Helens, Merseyside, WA10 1RE. The trust also has multiple locations across the UK, which can be found on their website.
