LIONHEART EDUCATIONAL TRUST
Company Information
- Company Number
- 08473899
- Registered Address
- Beauchamp City Sixth Form, South Albion Street, Leicester, England, LE1 6JL
- Status
- Active
- Employee Count
- 1,680
- Turnover
- £144,616,000
- EBITDA
- £64,792,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 4 April 2013
- Nature of Business
- 85590 - Other education not elsewhere classified
- Industries
- Education
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for LIONHEART EDUCATIONAL TRUST to pay invoices has decreased over the past three periods, going from 35 days in 2017-2018 to 19 days in 2022-2023. Additionally, the percentage of invoices paid within 30 days has consistently increased, while the percentage of invoices paid later than 60 days has consistently decreased.
Volatility Analysis
The data for LIONHEART EDUCATIONAL TRUST shows relatively low volatility, with only small changes in the average time taken to pay invoices and the percentages of invoices paid within different time frames over the past three periods.
Summary Analysis
LIONHEART EDUCATIONAL TRUST has shown consistent improvement in their payment practices over the past three periods. The average time taken to pay invoices has decreased from 35 days to 19 days, and the percentage of invoices paid within 30 days has increased from 57% to 88%. In the latest period, over 80% of invoices were paid within 30 days, indicating a strong commitment to timely payment by the company.
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 Mar 2024 - 31 Aug 2024 | 15 Nov 2024 | 18 | 90% | 7% | 3% | 14% |
| 01 Sept 2023 - 29 Feb 2024 | 12 Mar 2024 | 17 | 89% | 7% | 4% | 13% |
| 01 Mar 2023 - 31 Aug 2023 | 08 Nov 2023 | 19 | 88% | 8% | 4% | 15% |
| 01 Sept 2022 - 28 Feb 2023 | 06 Apr 2023 | 19 | 87% | 7% | 6% | 13% |
| 01 Mar 2022 - 31 Aug 2022 | 13 Sept 2022 | 19 | 87% | 8% | 5% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 21 Mar 2022 | 19 | 88% | 7% | 5% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 01 Oct 2021 | 21 | 89% | 6% | 5% | 13% |
| 01 Sept 2020 - 28 Feb 2021 | 17 Mar 2021 | 31 | 73% | 17% | 10% | 27% |
| 01 Mar 2020 - 31 Aug 2020 | 21 Sept 2020 | 32 | 71% | 18% | 11% | 40% |
| 01 Sept 2019 - 29 Feb 2020 | 17 Mar 2020 | 25 | 80% | 13% | 7% | 31% |
| 01 Mar 2019 - 31 Aug 2019 | 23 Sept 2019 | 26 | 82% | 13% | 5% | 31% |
| 01 Sept 2018 - 28 Feb 2019 | 25 Mar 2019 | 29 | 74% | 19% | 7% | 38% |
| 01 Mar 2018 - 31 Aug 2018 | 14 Sept 2018 | 35 | 68% | 23% | 9% | 48% |
| 01 Aug 2017 - 28 Feb 2018 | 23 Mar 2018 | 35 | 57% | 34% | 9% | 60% |
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
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
Any complaints would initially be handled by the central processing team and would then escalate to: Financial Controller CFO CEO Directors of the business The next stage beyond internal escalations would be the usual channels for external dispute resolution.
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
LIONHEART EDUCATIONAL TRUST is a non-profit organization based in the United Kingdom that is dedicated to providing educational support and opportunities to underprivileged children and communities in developing countries. The trust was established in 2005 and has been actively working towards its mission of creating a sustainable, equitable, and inclusive education system.
One of the key activities of LIONHEART EDUCATIONAL TRUST is providing financial and material support to schools and educational institutions in developing countries. This includes building and renovating school facilities, providing textbooks and other educational materials, and supporting teacher training programs. The trust also works closely with local communities to identify their specific educational needs and tailor their support accordingly.
LIONHEART EDUCATIONAL TRUST also has a strong focus on sustainability and environmental conservation. They have implemented various initiatives such as promoting eco-friendly practices in schools and communities, supporting the development of sustainable infrastructure, and providing education on environmental issues. The trust also actively engages in tree-planting and waste management projects to promote a cleaner and healthier environment.
The trust offers a wide range of products and services to support its activities, including fundraising events, sponsorships, and partnerships with other organizations. They also have a volunteer program that allows individuals to contribute their time and skills towards the trust's projects.
The key people involved in LIONHEART EDUCATIONAL TRUST include the trustees, who are responsible for the overall management and direction of the trust, and the team of dedicated staff and volunteers who work tirelessly to achieve the trust's goals. The trust also has a strong network of supporters and donors who contribute to their cause.
For more information on LIONHEART EDUCATIONAL TRUST and their activities, interested individuals can visit their website at www.lionhearttrust.org.uk. The registered office address is 71-75 Shelton Street, London, WC2H 9JQ, United Kingdom.
