AKO FOUNDATION
Company Information
- Company Number
- 08385711
- Registered Address
- One, Newman Street, London, England, W1T 1PB
- Status
- Active
- Employee Count
- 1
- Turnover
- £79,111,000
- EBITDA
- £44,311,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 1 February 2013
- Nature of Business
- 88990 - Other social work activities without accommodation not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 18 Jul 2025 | 7 | 100% | 0% | 0% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 10 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 12 Jul 2024 | 8 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Jan 2024 | 9 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 8 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Jul 2022 | 9 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Jan 2022 | 7 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 06 Jul 2021 | 7 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 14 Jan 2021 | 10 | 100% | 0% | 0% | 0% |
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
The most frequently used payment term is 30 days. We do not impose payment terms on vendors.
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
Dispute Resolution Process
The responsibility for dispute resolution lies with the person managing the relationship with a vendor with the support of the finance team. The aim is to resolve disputes in a timely and equitable manner.
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
AKO FOUNDATION is a non-profit organization that strives to promote social and environmental sustainability through various activities and initiatives. The foundation was established in 2005 by the AKO Capital hedge fund to give back to the community and make a positive impact on the world.
The foundation's sustainability program focuses on four main areas: education, health, environment, and community development. They work with partner organizations to provide access to quality education, improve healthcare services, promote sustainable living practices, and support local communities.
One of the key projects of AKO FOUNDATION is the AKO Scholarships, which provides financial support for underprivileged students to pursue their education. They also collaborate with organizations working towards sustainable farming and renewable energy solutions.
AKO FOUNDATION also offers a range of products and services that align with their sustainability goals. They have a line of eco-friendly merchandise, including reusable water bottles and tote bags, to promote sustainable living. They also organize events and workshops to raise awareness about sustainability and encourage people to adopt more environmentally friendly practices.
The foundation is led by its board of trustees, which includes experienced professionals from various industries. The current chairman is Nicolai Tangen, founder of AKO Capital. The foundation also has a team of dedicated staff and volunteers who work towards achieving their sustainability goals.
For more information on AKO FOUNDATION and their activities, including how to get involved or donate, you can visit their website at www.akofoundation.org. Their registered office address is 4th Floor, 25 Copthall Avenue, London, EC2R 7BP, United Kingdom.
