HABERDASHERS' ASKE'S FEDERATION TRUST
Company Information
- Company Number
- 02535091
- Registered Address
- Haberdashers' Hatcham College, Pepys Road, London, England, SE14 5SF
- Status
- Active
- Employee Count
- 740
- Turnover
- £78,370,000
- EBITDA
- £30,253,000
Additional Details
- Website
- https://haaf.org.uk/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 28 August 1990
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education,Professional Services
- Region
- London
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 Apr 2025 | 38 | 65% | 19% | 16% | 34% |
| 01 Mar 2024 - 31 Aug 2024 | 02 Apr 2025 | 35 | 61% | 25% | 14% | 39% |
| 01 Sept 2023 - 29 Feb 2024 | 08 Mar 2024 | 31 | 69% | 20% | 11% | 31% |
| 01 Mar 2023 - 31 Aug 2023 | 09 Oct 2023 | 25 | 75% | 19% | 6% | 25% |
| 01 Sept 2022 - 28 Feb 2023 | 17 Mar 2023 | 42 | 55% | 23% | 22% | 45% |
| 01 Sept 2021 - 28 Feb 2022 | 04 Mar 2022 | 62 | 18% | 52% | 30% | 82% |
| 01 Mar 2021 - 31 Aug 2021 | 01 Mar 2022 | 56 | 24% | 52% | 24% | 76% |
| 01 Sept 2020 - 28 Feb 2021 | 01 Mar 2022 | 54 | 36% | 44% | 20% | 64% |
| 01 Sept 2019 - 29 Feb 2020 | 18 Mar 2020 | 22 | 79% | 20% | 1% | 21% |
| 01 Mar 2019 - 31 Aug 2019 | 29 Nov 2019 | 19 | 87% | 11% | 2% | 13% |
| 01 Sept 2018 - 28 Feb 2019 | 05 Jul 2019 | 25 | 71% | 17% | 12% | 29% |
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
Our standard payment terms are within 30 days. Some suppliers have shorter payment terms (such as 7, 14 or 28 days) which we seek to accommodate where possible.
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
30
Dispute Resolution Process
The Trust operates a purchase order system so that, as far as is possible, invoices must be matched to an approved purchase order prior to payment. This minimises payment disputes. If the goods or services invoiced have not been received in full, are not of sufficient quality, or the invoice details are incorrect, the invoice will not be paid until this has been resolved. Initially, and in most cases, the dispute may be resolved by the academy contacting the supplier or the supplier contacting the academy directly. If the issue cannot be resolved at the academy level then the supplier can escalate their dispute to the central Trust finance team for resolution. For larger contracts the Trust's Procurement Manager will be the primary contact and liaison for the supplier and will manage any disputes and complaints. Any payment matter that is not resolved will be escalated to the Deputy Director of Finance and then to the Senior Director 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
Haberdashers' Aske's Federation Trust is a multi-academy trust based in London, UK. It was established in 1876 and currently operates 28 schools, including primary, secondary, and sixth form schools.
The trust's main goal is to provide high-quality education for children from all backgrounds, with a focus on academic excellence and personal development. They offer a wide range of subjects and extracurricular activities, including music, drama, and sports.
In addition to their educational services, the trust also has a strong commitment to sustainability. They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources and promoting eco-friendly practices within their schools.
The trust's key people include the Chief Executive Officer, Mrs. Elizabeth Wolverson, and the Chairman of the Board of Governors, Mr. Andrew Christie. They work closely with the headteachers of each school to ensure the best education for their students.
For more information about the trust and its schools, including contact information and upcoming events, visit their website at https://www.habsfed.org.uk/. Their registered office address is 24 Craven Hill, London W2 3EL.
