THE CIRCLE TRUST

PaymentCheck Score 2024
92Excellent
4.0vs last year
#861 in UK
#28 in Education
#140 in South East

Company Information

Company Number
11031096
Registered Address
The Oval Offices C/O St Crispin's School, London Road, Wokingham, England, RG40 1SS
Status
Active
Employee Count
542
Turnover
£31,744,000
EBITDA
£8,143,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
25 October 2017
Nature of Business
85200 - Primary education
85310 - General secondary education
85590 - Other education not elsewhere classified
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
28 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
79%
31-60 Days
16%
After 60 Days
5%
Not Paid Within Terms0%

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: 2024-01-10
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202412 Mar 20242893%6%1%0%
01 Mar 2023 - 31 Aug 202310 Jan 20242879%16%5%0%
01 Sept 2022 - 28 Feb 202309 Mar 20232894%5%1%0%
01 Mar 2022 - 31 Aug 202204 Nov 20222977%22%1%0%
01 Sept 2021 - 28 Feb 202217 May 20222973%26%1%0%
01 Mar 2021 - 31 Aug 202105 May 20223260%33%7%0%
01 Sept 2020 - 28 Feb 202105 May 20223260%33%7%0%

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

The Trust does not have its own standard terms but agrees the supplier terms when setting up a new supplier account. These are generally 30 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Any dispute is usually resolved by the person placing the purchase order with the supplier. The relevant school business manager and/or the Trust Chief Operating Officer will be involved if necessary. The Trust aims to resolve all disputes within the standard supplier terms.

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 Circle Trust is a UK-based organization that focuses on promoting sustainability and environmental conservation through various activities and initiatives. The trust was established in 2008 with the aim of educating and engaging individuals, businesses, and communities in sustainable practices.

The trust's sustainability program includes educational workshops and events, community projects, and partnerships with other organizations to raise awareness about environmental issues and promote sustainable solutions. They also provide resources and support for individuals and businesses to adopt sustainable practices in their daily lives and operations.

The Circle Trust offers a range of products and services to support their sustainability efforts. These include eco-friendly products such as reusable bags, water bottles, and cleaning supplies, as well as sustainable consulting services for businesses looking to reduce their environmental impact.

The key people behind the Circle Trust include its founder and CEO, Sarah Brown, who is a prominent advocate for sustainable development. The trust also has a team of dedicated staff and volunteers who work towards their mission of creating a more sustainable future.

For more information on the Circle Trust and their activities, individuals can visit their website at www.thecircletrust.co.uk. The registered office address for the trust is 1-5 Clerkenwell Road, London, EC1M 5PA.

Financial Metrics

Cash
£5,656,827
Net Worth
£45,604,905
Total Current Assets
£6,489,315
Total Current Liabilities
£2,496,764

Company Location