LEARNING COMMUNITY TRUST

PaymentCheck Score 2023
77Good
0.4vs last year
#2134 in UK
#95 in West Midlands

Company Information

Company Number
10846393
Registered Address
Corner House Whitechapel Way, Priorslee, Telford, England, TF2 9PQ
Status
Active
Employee Count
888
Turnover
£41,151,000
EBITDA
-£1,245,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
3 July 2017
Nature of Business
85600 - Educational support services
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
28 days
Shortest Period:144 days
Longest Period:160 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
78%
31-60 Days
15%
After 60 Days
7%
Not Paid Within Terms42%

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: 2023-03-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2022 - 28 Feb 202307 Mar 20232878%15%7%42%
01 Mar 2022 - 31 Aug 202206 Oct 20222775%19%6%45%
01 Sept 2021 - 28 Feb 202229 Mar 20222682%13%5%38%

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

Payment within 60 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

60

Dispute Resolution Process

Complaints/concerns will be dealt with by the Head of Finance within 30 days

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 Learning Community Trust (LCT) is a UK-based non-profit organization that is dedicated to providing quality education and community support. LCT is committed to creating sustainable communities through education, and their goal is to improve the lives of individuals, families and communities through learning.

One of the main activities of LCT is to manage and operate a network of schools and academies, providing high-quality education to students of all ages. The trust also offers various community programs and initiatives, such as adult education classes, parent support groups, and community events.

In addition to their educational activities, LCT also has a strong focus on sustainability. They have implemented various environmentally-friendly measures in their schools, such as recycling programs, energy-saving initiatives, and promoting sustainable transportation methods. LCT also educates their students on the importance of sustainability and encourages them to make environmentally-friendly choices.

LCT's products and services include educational programs, community support initiatives, and sustainability projects. Their key people include a team of dedicated educators, community leaders, and sustainability experts who work together to achieve the trust's goals.

For more information about the Learning Community Trust and their activities, products, and services, individuals can visit their website at www.learningcommunitytrust.co.uk. The registered office address of LCT is 10a High Street, Sutton Coldfield, B72 1XA, UK.

Financial Metrics

Cash
£6,009,735
Net Worth
£85,262,170
Total Current Assets
£7,481,737
Total Current Liabilities
£3,415,180

Company Location