THE GALLERY TRUST
Company Information
- Company Number
- 08334718
- Registered Address
- The Iffley Academy, Iffley Turn, Oxford, OX4 4DU
- Status
- Active
- Employee Count
- 313
- Turnover
- £17,688,000
- EBITDA
- -£1,313,000
Additional Details
- Website
- https://iffleyacademy.co.uk/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 18 December 2012
- Nature of Business
- 85200 - Primary education
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
From Sep 2021 to Feb 2022, THE GALLERY TRUST has maintained an average time to pay of 30 days. However, there have been fluctuations in the percentage of invoices paid within 30 days, with a low of 76% in Oct 2021 and a high of 84% in Feb 2022. The percentage of invoices paid between 31 and 60 days has also fluctuated, with a low of 14% in Feb 2022 and a high of 22% in Oct 2021. There has been a slight decrease in the percentage of invoices paid later than 60 days, from a high of 10% in Sep 2021 to a low of 6% in Feb 2022.
Volatility Analysis
The volatility of THE GALLERY TRUST's payment process can be seen in the fluctuations of the percentage of invoices paid within 30 days and the percentage of invoices paid between 31 and 60 days. These fluctuations indicate that the company's payment process is not consistent and may be affected by external factors such as cash flow or supplier relations.
Summary Analysis
From Sep 2021 to Feb 2022, THE GALLERY TRUST has maintained an average time to pay of 30 days. The percentage of invoices paid within 30 days has ranged from 76% to 84%, while the percentage of invoices paid between 31 and 60 days has ranged from 14% to 22%. The worst period for the company was in Sep 2021, where the percentage of invoices paid later than 60 days was highest at 10%. The shortest (or only) standard payment period for the company is 30 days.
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 2021 - 28 Feb 2022 | 20 Jul 2022 | 30 | 76% | 18% | 8% | 8% |
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
Payment is made according to the supplier terms which vary from in advance, on receipt , 30 days and direct debit payments which are determined by the supplier
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
30
Dispute Resolution Process
we contact the supplier to clarify the dispute/complaint and agree a payment date acceptable for both parties
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
The Gallery Trust is a UK-based organization that focuses on promoting sustainable practices and supporting local communities. The trust runs a variety of activities and initiatives to achieve their goals, including a strong sustainability program, offering products and services, and collaborating with key people.
The sustainability program at The Gallery Trust is at the core of their mission. They work with local businesses and communities to promote and implement sustainable practices such as recycling, energy conservation, and reducing carbon footprint. The trust also works with schools to educate students on the importance of sustainability and how they can contribute to a greener future.
In addition to their sustainability program, The Gallery Trust offers a range of products and services that aim to promote sustainable living. These include eco-friendly household products, reusable bags, and locally-sourced and organic food and beverages. They also offer workshops and seminars on sustainable living and gardening.
The key people at The Gallery Trust include a board of trustees who oversee the organization's operations and a team of dedicated staff and volunteers. The trust also collaborates with local businesses, schools, and community groups to achieve their goals.
For more information on The Gallery Trust and their activities, products, and services, interested individuals can visit their website at www.thegallerytrust.co.uk. The registered office address for the trust is 10 High Street, London, UK.
