UNITY EDUCATION TRUST
Company Information
- Company Number
- 10591822
- Registered Address
- Dereham Sixth Form College, Crown Road, Dereham, Norfolk, NR20 4AG
- Status
- Active
- Employee Count
- 729
- Turnover
- £37,012,000
- EBITDA
- £3,945,000
Additional Details
- Website
- https://beestonprimary.uk/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 30 January 2017
- Nature of Business
- 85200 - Primary education
- Industries
- Education
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for UNITY EDUCATION TRUST to pay invoices has decreased from 30 days in Sep 2021 to 29 days in Feb 2023, indicating a slight improvement in payment efficiency.
Volatility Analysis
The volatility of invoice payment by UNITY EDUCATION TRUST has remained relatively stable over the past three periods, with only a 1-day decrease in the average time taken to pay invoices.
Summary Analysis
From Sep 2021 to Feb 2023, UNITY EDUCATION TRUST has shown a slight improvement in invoice payment efficiency, with a 1-day decrease in the average time taken to pay invoices. The percentage of invoices paid within 30 days has also increased from 82% to 83%. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 4% to 5%. The shortest standard payment period remains at 30 days.
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 2022 - 28 Feb 2023 | 05 Sept 2023 | 29 | 83% | 12% | 5% | 32% |
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
Our standard payment terms are 30 days. However, for small, local business we aim to pay invoices as soon as possible.
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
In all instances we seek to communicate with suppliers and resolve any issues to mutual satisfaction in a professional 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.
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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?
❌
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
The Unity Education Trust is a non-profit organization that focuses on promoting education and sustainability in the United Kingdom. The trust was established in 2014 and is headquartered in Northampton, with a registered office address in London.
The trust has a strong emphasis on promoting sustainable practices and educating individuals about the importance of preserving the environment. They achieve this through various activities such as organizing workshops, events, and campaigns on sustainability and environmental conservation. They also work closely with schools and educational institutions to incorporate sustainable practices into their curriculum.
The trust also offers a range of products and services to support their sustainability efforts. These include eco-friendly supplies and materials, as well as educational resources for teachers and students. They also offer consulting services to businesses and organizations, helping them implement sustainable practices in their operations.
The key people involved in the Unity Education Trust include a team of dedicated staff members, volunteers, and trustees who are passionate about promoting education and sustainability. They work together to plan and execute various initiatives and programs, as well as manage the day-to-day operations of the trust.
For those interested in learning more about the trust and its activities, they can visit their website at www.unityeducationtrust.org. The website provides information about their mission, projects, and ways to get involved. Additionally, the trust can be contacted via email or phone, with details available on their website.
In summary, the Unity Education Trust is a non-profit organization that promotes education and sustainability in the United Kingdom. Through various activities and initiatives, they aim to educate individuals about the importance of preserving the environment and offer products and services to support these efforts. With a dedicated team of individuals and a strong mission, the trust continues to make a positive impact in the community.
