NEWQUAY EDUCATION TRUST
Company Information
- Company Number
- 08961355
- Registered Address
- Newquay Tretherras, Trevenson Road, Newquay, Cornwall, TR7 3BH
- Status
- Dissolved
- Employee Count
- 368
- Turnover
- £3,130,000
- EBITDA
- £218,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 26 March 2014
- Nature of Business
- 85200 - Primary education
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for NEWQUAY EDUCATION TRUST to pay invoices has remained consistent at 15-16 days over the past three periods.
Volatility Analysis
The percentage of invoices paid within 30 days has consistently been between 90-92% over the past three periods. The percentage of invoices paid between 31-60 days has fluctuated between 5-7%, and the percentage of invoices paid later than 60 days has remained at 2-3% over the past three periods.
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 Sept 2019 - 29 Feb 2020 | 24 Mar 2020 | 15 | 92% | 5% | 3% | 9% |
| 01 Mar 2019 - 31 Aug 2019 | 27 Sept 2019 | 15 | 91% | 7% | 2% | 9% |
| 01 Sept 2018 - 28 Feb 2019 | 13 Mar 2019 | 15 | 92% | 5% | 3% | 9% |
| 01 Mar 2018 - 31 Aug 2018 | 21 Sept 2018 | 16 | 91% | 7% | 2% | 9% |
| 01 Sept 2017 - 28 Feb 2018 | 26 Mar 2018 | 16 | 90% | 7% | 3% | 10% |
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 TRADING TERMS
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
90
Dispute Resolution Process
INVOICE WILL BE PLACED ON DISPUTE AND COMPANY CONTACTED TO RESOLVE ANY ISSUE
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
Newquay Education Trust is a non-profit organization based in Newquay, UK, that focuses on providing quality education and promoting sustainable practices. The trust was established in 2010 and has since been dedicated to creating a positive impact in the community.
As part of their sustainability program, the trust collaborates with local schools to educate students about environmental issues and encourages them to take action. They also work with businesses and organizations to promote sustainable practices and reduce their carbon footprint.
The trust offers a range of services, including teacher training, curriculum development, and educational resources. They also organize events and workshops for students and teachers to enhance their knowledge and skills.
The key people involved in the trust are the board of trustees, which consists of experienced educators, environmentalists, and community leaders. They work closely with the trust's staff and volunteers to ensure the smooth running of the organization and the successful implementation of its programs.
To contact Newquay Education Trust, individuals can visit their website at www.newquayeducationtrust.org or email them at info@newquayeducationtrust.org. The registered office address is 1 East Street, Newquay, Cornwall, TR7 1DB.
In summary, Newquay Education Trust is a reputable organization that promotes sustainable practices and provides valuable education services to the community. Their efforts towards creating a more sustainable future make them a vital asset to the Newquay community.
