NEXUS EDUCATION SCHOOLS TRUST
Company Details
Registration Number
08753719
Registered Address
Worsley Bridge Primary School Brackley Road Beckenham United Kingdom BR3 1RF
Company Status
Active
Employee Count
776
Turnover
£87,304,000
EBITDA
£48,421,000
Additional Information
Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated on
29 October 2013
Nature of Business (SIC)
85200 - Primary education
Industries
Nurseries, Schools
Region
LondonCompany Location
Financial Overview
£7,928,000
£124,131,000
Last Reporting Period
Filed
03 Oct 2023
Period
01 Mar 2023 - 31 Aug 2023
Payment Timing
Average Time to Pay
23 days
Payment Periods
Shortest
14 days
Longest
30 days
Max Contractual
30 days
Payment Timeline
Not Paid Within Terms
28%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Aug 2023 | 03 Oct 2023 | 23 | 82% | 12% | 6% | 28% |
| 01 Sep 2022 - 28 Feb 2023 | 09 Mar 2023 | 26 | 75% | 17% | 8% | 34% |
| 01 Mar 2022 - 31 Aug 2022 | 27 Sep 2022 | 21 | 86% | 10% | 4% | 15% |
| 01 Sep 2021 - 28 Feb 2022 | 29 Mar 2022 | 25 | 78% | 14% | 8% | 23% |
| 01 Mar 2021 - 31 Aug 2021 | 07 Sep 2021 | 21 | 86% | 10% | 4% | 16% |
| 01 Sep 2020 - 28 Feb 2021 | 09 Mar 2021 | 27 | 73% | 20% | 7% | 31% |
| 01 Mar 2020 - 31 Aug 2020 | 02 Nov 2020 | 26 | 73% | 19% | 8% | 35% |
| 01 Sep 2019 - 29 Feb 2020 | 13 Mar 2020 | 28 | 73% | 18% | 9% | 34% |
Company Summary
NEXUS EDUCATION SCHOOLS TRUST is a UK-based organization focused on providing high-quality education and promoting sustainability in schools
The trust was established in 2010 and has since become a leading provider of educational services in the country
The trust's sustainability program aims to educate and empower students to become responsible and environmentally conscious citizens
This is achieved through various initiatives such as implementing eco-friendly practices in schools, promoting recycling and reducing waste, and organizing educational workshops and events on sustainability
NEXUS EDUCATION SCHOOLS TRUST offers a range of products and services to schools, including curriculum development, teacher training, and consultancy services
They also offer tailor-made programs to suit the specific needs of schools, such as support for students with special educational needs
The key people behind NEXUS EDUCATION SCHOOLS TRUST are its board of trustees, which consists of experienced education professionals and sustainability experts
They work closely with a team of dedicated staff to ensure the successful implementation of the trust's initiatives
To learn more about NEXUS EDUCATION SCHOOLS TRUST and its services, visit their website at www.nexuseducationschools.co.uk
Their registered office address is 23 Great Smith Street, London, SW1P 3DJ
Interested parties can also contact them via email at info@nexuseducationschools.co.uk or by phone at +44 (0) 20 7993 8222
Company Review
Trend Analysis
The average time taken by NEXUS EDUCATION SCHOOLS TRUST to pay invoices has fluctuated over the past three periods, with a slight decrease in the most recent period.
Volatility Analysis
The percentage of invoices paid within 30 days has remained relatively consistent, while the percentage of invoices paid between 31 and 60 days has slightly increased over the past three periods. The percentage of invoices paid later than 60 days has also fluctuated, with a significant decrease in the most recent period.
Summary Analysis
From Mar 2021 to Aug 2021, NEXUS EDUCATION SCHOOLS TRUST had the shortest average time to pay invoices at 21 days. This period also had the highest percentage of invoices paid within 30 days (86%) and the lowest percentage of invoices paid later than 60 days (4%). However, in the previous two periods, the company had a longer average time to pay and a higher percentage of invoices paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 30 days unless agreed otherwise with 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
Suppliers should contact the finance department by telephone or email. Disputes or delays will be investigated and resolved as appropriate.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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