DIXONS ACADEMIES TRUST
Company Information
- Company Number
- 02303464
- Registered Address
- Dixons Academies Charitable Trust Ltd, Ripley Street, Bradford, West Yorkshire, England, BD5 7RR
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 6 October 1988
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Coming Soon
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
DIXONS ACADEMIES TRUST demonstrates a strong trend of prompt payments, with an impressive average payment time of just 15 days. A significant 89% of invoices are consistently settled within 30 days, indicating highly reliable and rapid payment cycles. This trajectory suggests a favorable pattern of quick financial settlements for suppliers.
Volatility Analysis
While most payments are timely, a 12% late payment rate introduces a minor element of unpredictability for a small subset of invoices. Specifically, 10% of payments occur between 31-60 days, and a very small 1% extend beyond 60 days. This indicates low overall volatility, but suppliers should be aware of the slight chance of minor delays for a few transactions.
Summary Analysis
Overall, DIXONS ACADEMIES TRUST presents a highly favorable payment profile, making them a low-risk partner for suppliers due to their excellent average payment times. Suppliers can confidently expect prompt payments in most cases; however, it is wise to acknowledge the minor possibility of an invoice being slightly delayed beyond 30 days. Standard credit terms are appropriate, with basic invoice monitoring being a sufficient risk mitigation strategy for the infrequent late payment.
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 | 06 Apr 2025 | 15 | 89% | 10% | 1% | 12% |
| 01 Sept 2023 - 29 Feb 2024 | 03 Apr 2024 | 14 | 90% | 9% | 1% | 11% |
| 01 Mar 2023 - 31 Aug 2023 | 04 Oct 2023 | 16 | 89% | 10% | 1% | 37% |
| 01 Sept 2022 - 28 Feb 2023 | 06 Mar 2023 | 15 | 90% | 10% | 0% | 31% |
| 01 Mar 2022 - 31 Aug 2022 | 13 Sept 2022 | 16 | 89% | 10% | 1% | 29% |
| 01 Sept 2021 - 28 Feb 2022 | 28 Apr 2022 | 13 | 93% | 6% | 1% | 21% |
| 01 Mar 2021 - 31 Aug 2021 | 23 Sept 2021 | 19 | 84% | 14% | 2% | 29% |
| 01 Sept 2020 - 28 Feb 2021 | 28 Apr 2021 | 18 | 85% | 14% | 1% | 33% |
| 01 Mar 2020 - 31 Aug 2020 | 13 Oct 2020 | 14 | 94% | 5% | 1% | 24% |
| 01 Sept 2019 - 29 Feb 2020 | 01 Apr 2020 | 14 | 94% | 5% | 1% | 22% |
| 01 Mar 2019 - 31 Aug 2019 | 01 Oct 2019 | 21 | 85% | 13% | 2% | 27% |
| 01 Sept 2018 - 28 Feb 2019 | 08 May 2019 | 20 | 83% | 15% | 2% | 19% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 16 | 86% | 12% | 2% | 16% |
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
Standard payment terms: Dixons Academies Trust pay for goods and services 30 days from the month end following the invoice date. Example - an invoice dated 15 September will be paid by 30 October.
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
A dispute would be raised directly to Group Finance, which would be communicated to the relevant budget holder to resolve the issue. Invoices are put on hold until disputes are resolved.
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.
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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.
❌
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
DIXONS ACADEMIES TRUST is an active educational organisation operating as a Private Limited Company by guarantee, specifically established to run academies. As an academies trust, its primary function involves overseeing and managing a group of schools within the UK's academy system.
The company was incorporated on 6 October 1988, holding company number 02303464. Its registered office is located at Dixons Academies Charitable Trust Ltd, Ripley Street, Bradford, West Yorkshire, England, BD5 7RR, positioning its operations within Yorkshire.
In the UK, organisations structured as Academies Trusts typically provide education for pupils across various key stages. Their services encompass curriculum delivery, school management and governance, and fostering a supportive learning environment within their network of academies.
