SOUTH EAST SURREY SCHOOLS EDUCATION TRUST
Company Information
- Company Number
- 10479401
- Registered Address
- The Ashcombe School, Ashcombe Road, Dorking, Surrey, United Kingdom, RH4 1LY
- Status
- Active
- Employee Count
- 428
- Turnover
- £25,688,000
- EBITDA
- £280,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 15 November 2016
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for the average time taken for SOUTH EAST SURREY SCHOOLS EDUCATION TRUST to pay invoices to suppliers has been fluctuating over the past three periods, with a slight decrease from 10 days in 2018-2019 to 8 days in 2022-2023. However, there was a spike in 2020-2021 with an average time of 12 days. Overall, the trend has been towards a decrease in the average time to pay.
Volatility Analysis
The data for SOUTH EAST SURREY SCHOOLS EDUCATION TRUST shows some volatility in terms of the percentage of invoices paid within 30 days and those paid between 31 and 60 days. There is a clear fluctuation between these two categories, with a decrease in the percentage of invoices paid within 30 days corresponding to an increase in the percentage of invoices paid between 31 and 60 days. This indicates that the company may struggle with consistency in paying invoices on time.
Summary Analysis
The data for SOUTH EAST SURREY SCHOOLS EDUCATION TRUST shows that the average time taken to pay invoices has been decreasing over the past three periods, with a decrease from 10 days in 2018-2019 to 8 days in 2022-2023. Additionally, the percentage of invoices paid within 30 days has consistently been high, with a high of 99% in 2022-2023. However, there was a spike in the percentage of invoices not paid within agreed terms in 2020-2021, reaching 16%. The company seems to struggle with consistency in paying invoices on time.
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 2024 - 28 Feb 2025 | 13 Mar 2025 | 7 | 98% | 1% | 1% | 7% |
| 01 Mar 2024 - 31 Aug 2024 | 10 Sept 2024 | 6 | 98% | 1% | 1% | 5% |
| 01 Sept 2023 - 29 Feb 2024 | 06 Mar 2024 | 6 | 98% | 1% | 1% | 7% |
| 01 Mar 2023 - 31 Aug 2023 | 25 Sept 2023 | 8 | 97% | 2% | 1% | 8% |
| 01 Sept 2022 - 28 Feb 2023 | 08 Mar 2023 | 6 | 99% | 1% | 0% | 7% |
| 01 Mar 2022 - 31 Aug 2022 | 06 Sept 2022 | 8 | 97% | 2% | 1% | 7% |
| 01 Sept 2021 - 28 Feb 2022 | 07 Mar 2022 | 7 | 97% | 3% | 0% | 8% |
| 01 Mar 2021 - 31 Aug 2021 | 15 Sept 2021 | 12 | 95% | 2% | 3% | 12% |
| 01 Sept 2020 - 28 Feb 2021 | 11 Mar 2021 | 8 | 97% | 2% | 1% | 8% |
| 01 Mar 2020 - 31 Aug 2020 | 14 Sept 2020 | 12 | 90% | 8% | 2% | 16% |
| 01 Sept 2019 - 29 Feb 2020 | 17 Mar 2020 | 9 | 98% | 2% | 0% | 10% |
| 01 Mar 2019 - 31 Aug 2019 | 19 Sept 2019 | 12 | 92% | 7% | 1% | 14% |
| 01 Sept 2018 - 28 Feb 2019 | 12 Mar 2019 | 10 | 97% | 2% | 1% | 9% |
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
No standard terms. Most frequently used 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
120
Dispute Resolution Process
No standard process but any payment disputes are handled on a case by case basis. In the first instance suppliers contact our Accounts team (contact details are provided on our purchase orders) who will investigate any disputes and respond to suppliers in a timely manner.
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
South East Surrey Schools Education Trust (SESSET) is a non-profit organization that works towards providing quality education and sustainable practices in the South East Surrey region of England. It was established in 2010 and is governed by a board of trustees comprising of experienced educators and community leaders.
The primary focus of SESSET is to support and improve the educational outcomes of children in the region by providing resources, training, and collaboration opportunities for schools. They work closely with their member schools to develop innovative teaching methods, promote a culture of lifelong learning, and foster a sense of community among students.
SESSET also has a strong sustainability program, with a commitment to promoting environmentally friendly practices in schools. They have implemented various initiatives such as recycling programs, energy conservation measures, and promoting sustainable transportation methods to reduce their carbon footprint. They also work with schools to incorporate sustainability into their curriculum and encourage students to become responsible global citizens.
Apart from their sustainability program, SESSET offers a range of products and services to its member schools, including training programs for teachers, student workshops, and leadership development opportunities. They also organize events and competitions to promote creativity and critical thinking among students.
The key people involved in SESSET include the board of trustees, led by the chairperson, and a team of dedicated staff members who oversee the day-to-day operations of the organization.
For more information on SESSET, including their sustainability program and services, interested parties can visit their website at www.sesset.org.uk. Their registered office address is located at 23 High Street, Redhill, Surrey, RH1 1RZ, United Kingdom.
