NEXUS EDUCATION SCHOOLS TRUST

PaymentCheck Score 2024
82Good
0.1vs last year
#1904 in UK
#71 in Education
#849 in London

Company Information

Company Number
08753719
Registered Address
Worsley Bridge Primary School, Brackley Road, Beckenham, United Kingdom, BR3 1RF
Status
Active
Employee Count
776
Turnover
£87,304,000
EBITDA
£48,421,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
29 October 2013
Nature of Business
85200 - Primary education
Industries
Education,Healthcare And Wellbeing
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
81%
31-60 Days
12%
After 60 Days
7%
Not Paid Within Terms27%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-03-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202426 Mar 20242681%12%7%27%
01 Mar 2023 - 31 Aug 202303 Oct 20232382%12%6%28%
01 Sept 2022 - 28 Feb 202309 Mar 20232675%17%8%34%
01 Mar 2022 - 31 Aug 202227 Sept 20222186%10%4%15%
01 Sept 2021 - 28 Feb 202229 Mar 20222578%14%8%23%
01 Sept 2020 - 28 Feb 202109 Mar 20212773%20%7%31%
01 Sept 2019 - 29 Feb 202013 Mar 20202873%18%9%34%

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

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 information available

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.

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

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.

Financial Metrics

Cash
£7,928,000
Net Worth
£124,131,000
Total Current Assets
£10,445,000
Total Current Liabilities
£4,311,000

Company Location