TES GLOBAL HOLDINGS DIRECT LIMITED

Company Information

Company Number
08592340
Registered Address
C/O Interpath Ltd, 10 Fleet Place, London, EC4M 7RB
Status
Dissolved
Employee Count
755
Turnover
£110,922,000
EBITDA
-£313,065,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 July 2013
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
London

Company Review

Trend Analysis

The data shows that TES GLOBAL HOLDINGS DIRECT LIMITED has consistently improved their average time to pay invoices over the past three periods.

Volatility Analysis

There is a slight fluctuation in the percentage of invoices paid within 30 days, with the highest being 91.2% in the period from 2018-09-01 to 2019-02-28 and the lowest being 89.3% in the period from 2017-09-01 to 2018-02-28. The percentage of invoices paid between 31 and 60 days has also fluctuated, with the highest being 8.2% in the period from 2017-09-01 to 2018-02-28 and the lowest being 6.3% in the period from 2019-03-01 to 2019-08-31.

Summary Analysis

In the most recent period, from 2019-03-01 to 2019-08-31, TES GLOBAL HOLDINGS DIRECT LIMITED has improved their average time to pay invoices to 19.3 days, compared to 21.2 days in the previous period and 25.5 days in the period before that.

Performance Reports History

Reporting Period Filed: 2019-12-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2019 - 31 Aug 201923 Dec 2019
01 Sept 2018 - 28 Feb 201926 Mar 2019
01 Mar 2018 - 31 Aug 201826 Sept 2018
01 Sept 2017 - 28 Feb 201830 Mar 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

TES GLOBAL HOLDINGS DIRECT LIMITED is a British company that provides a wide range of services and products in the education sector, with a strong focus on sustainability. The company is dedicated to improving the quality of education worldwide by offering innovative solutions and resources to educators and schools.

One of the main activities of TES GLOBAL HOLDINGS DIRECT LIMITED is their online marketplace, TES Resources, which offers a vast collection of educational materials, lesson plans, and teaching tools created by teachers for teachers. This platform aims to support and enhance teaching and learning while promoting sustainability by reducing the use of paper-based resources.

The company also offers recruitment services through TES HireWire, which connects schools with qualified and experienced education professionals, reducing the environmental impact of traditional recruitment methods.

TES GLOBAL HOLDINGS DIRECT LIMITED is committed to sustainability in all aspects of its operations. They have implemented various initiatives to reduce their environmental footprint, such as using renewable energy sources and reducing waste in their offices. They also work with sustainable suppliers and promote sustainable practices to their employees and partners.

The key people leading TES GLOBAL HOLDINGS DIRECT LIMITED include CEO Rob Grimshaw and CFO John Conoley, who are both passionate about improving education and promoting sustainability.

For more information on their products and services, customers can visit their website at www.tes.com. TES GLOBAL HOLDINGS DIRECT LIMITED's registered office address is 1 Red Lion Square, London, WC1R 4HQ.

Financial Metrics

Cash
£19,059,000
Net Worth
-£545,712,000
Total Current Assets
£37,259,000
Total Current Liabilities
£243,589,000

Company Location