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31 companies in this sector
Avg Payment Time
30.3days
Paid Within 30 Days
62.1%
Companies in Sector
31
Late Payment Rate
37.9%
Based on the comprehensive data provided, the following analytical summary details the payment trends within the training sector.
The analysis of payment behaviour within the training sector, derived from a sample of 29 companies, reveals a broadly disciplined credit culture characterised by adherence to standard commercial terms. The data indicates that the centre of gravity for payment settlements lies firmly around the 30-day mark, evidenced by a mean payment time of 30.3 days and a median of 28 days. Whilst the sample size is modest, the close proximity of the mean and median suggests a consistent approach to accounts payable amongst the surveyed entities, rather than a dataset skewed by extreme anomalies. This specific sector analysis demonstrates that the majority of businesses organise their finances to prioritise prompt settlement, resisting the tendency to delay payments often observed in more volatile industries.
A deeper examination of the distribution metrics highlights a strong favour for promptness. Specifically, 62.1% of the companies fall into the 'Fast' category (0-30 days), whilst a further 27.6% are classified as 'Moderate' (31-45 days). The interquartile range of just 8 days—spanning from the 25th percentile at 24 days to the 75th percentile at 32 days—indicates highly predictable behaviour amongst the core cohort. This narrow dispersion suggests that financial controllers in the training sector maintain tight control over cash flow schedules, ensuring that the vast majority of invoices are settled close to the 30-day benchmark. Consequently, suppliers can generally realise their revenue with a high degree of certainty when trading with this demographic.
Despite these generally positive trends, the sector is not entirely devoid of outliers. Whilst it is encouraging that zero companies fell into the critical 90+ day category, one entity recorded a slow payment time of 84 days, and 25.8% of payments were technically classified as late. Conversely, the top performers, comprising five companies, settled debts in under 20 days, with the fastest payer settling in a remarkable 3 days. Suppliers that specialise in servicing the training market should also note the geographic concentration; London and the South East account for over half of the companies analysed. Overall, the sector presents a low-risk profile with stable payment patterns, creating a favourable environment for maintaining healthy supply chain relationships.
Total companies analyzed: 29
| Company | Region | Avg. Time to Pay |
|---|---|---|
| ARCO LIMITED | Yorkshire and The Humber | 58 days |
| AVONBOURNE INTERNATIONAL BUSINESS AND ENTERPRISE ACADEMY TRUST | South West | 28 days |
| BABCOCK TRAINING LIMITED | London | 28 days |
| BAE SYSTEMS SURFACE SHIPS LIMITED | South East | 13 days |
| BANHAM PATENT LOCKS HOLDINGS LIMITED | London | N/A |
| BAYFORD & CO LTD | Yorkshire and The Humber | 44 days |
| CAPITA BUSINESS SERVICES LTD | London | 24 days |
| CLEANSING SERVICE GROUP LIMITED | South East | 35 days |
| COGNIZANT WORLDWIDE LIMITED | London | 28 days |
| GP STRATEGIES TRAINING LIMITED | North West | 23 days |
| HAYS PLC | London | N/A |
| HELP FOR HEROES | South West | 31 days |
| ISS MEDICLEAN LIMITED | South East | 46 days |
| JARROLD & SONS LIMITED | East of England | 32 days |
| KIDS PLANET DAY NURSERIES LIMITED | North West | 3 days |
| LEARNDIRECT LIMITED | South East | 31 days |
| LEARNING IN HARMONY MULTI ACADEMY TRUST | London | 18 days |
| LEARNING WITHOUT LIMITS ACADEMY TRUST | East Midlands | 28 days |
| LIVERPOOL HOPE UNIVERSITY | North West | 27 days |
| MOONBUG ENTERTAINMENT LIMITED | London | 36 days |