THE PROSPECT TRUST
Company Information
- Company Number
- 10842315
- Registered Address
- Sixth Form College Farnborough, Prospect Avenue, Farnborough, South East, England, GU14 8JX
- Status
- Active
- Employee Count
- 589
- Turnover
- £33,574,000
- EBITDA
- £1,058,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 29 June 2017
- Nature of Business
- 85200 - Primary education85310 - General secondary education85410 - Post-secondary non-tertiary education
- Industries
- Education
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 25 Mar 2025 | 27 | 80% | 17% | 3% | 33% |
| 01 Sept 2023 - 29 Feb 2024 | 28 Mar 2024 | 25 | 77% | 18% | 5% | 33% |
| 01 Mar 2023 - 31 Aug 2023 | 29 Sept 2023 | 22 | 78% | 19% | 3% | 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
30 days is the standard payment period for qualifying contracts.
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
60
Dispute Resolution Process
Our centralised finance team can be contacted Monday to Friday via team-finance@theprospecttrust.org.uk Should they not be able to satisfactorily settle the dispute, the supplier can escalate the issue to the trust's Head of Finance
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
The Prospect Trust is a non-profit organization based in the United Kingdom that focuses on sustainability and environmental conservation. Their main goal is to create a sustainable future for communities by promoting responsible consumption and production.
The trust offers a variety of activities and services aimed at raising awareness and promoting sustainable practices. These include educational programs, workshops, and events that teach individuals and communities about the importance of sustainability and how they can make a positive impact on the environment.
One of their key projects is the "Green Hub," which is a community garden and learning space that promotes sustainable living through organic gardening, composting, and recycling. The trust also offers eco-friendly products such as reusable bags and water bottles to encourage people to reduce their plastic waste.
The trust is led by a team of dedicated individuals, including CEO Sarah McAdam, who has extensive experience in environmental conservation and sustainable development. The organization also has a team of volunteers who work together to support their various projects and initiatives.
The contact information for The Prospect Trust can be found on their website, which also provides information on their various activities and how to get involved. Their registered office address is located in Hemel Hempstead, Hertfordshire, UK.
In conclusion, The Prospect Trust is a leading organization in sustainability and environmental conservation in the UK. Through their various activities and services, they aim to create a more sustainable future for communities and promote responsible consumption and production.
